taxes Property Tax Assistance

2025 ISD Summary Worksheet

Wheeler ISD (all splits)   Gray County   Wheeler County  

090-Gray/Gray County

242-903/Wheeler ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 115,180 N/A 115,180 115,180
D2 - FARM & RANCH IMP 1,530 N/A 1,530 1,530
E - NON-AG LAND AND IMPROVEMENTS 146,700 N/A 146,700 146,700
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 243,390 N/A 243,390 243,390
J - ALL UTILITIES 750,260 N/A 750,260 750,260
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 3,290 N/A 3,290 3,290
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,260,350 0 1,260,350 1,260,350
Less Total Deductions 118,490 0 118,490 118,490
Total Taxable Value 1,141,860 0 1,141,860 1,141,860

The taxable values shown here will not match the values reported by your appraisal district.

See the ISD DEDUCTION Report for a breakdown of deduction values.

Government Code subsections 403.302(j) and (k) require the Comptroller's office to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For school districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 1,141,860 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,141,860 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,141,860 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,141,860 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,141,860 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,141,860 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,141,860 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T19 1,148,340 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 1,141,860 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,141,860 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,141,860 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,141,860 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,141,860 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,141,860 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,141,860 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,141,860 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T20 1,148,340 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 1,141,860 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 0 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 0 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 6,480 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 0 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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242-Wheeler/Wheeler County

242-903/Wheeler ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 60,707,110 1.1366 53,411,147 60,707,110
B - MULTIFAMILY 1,763,470 N/A 1,763,470 1,763,470
C1 - VACANT LOTS 407,850 N/A 407,850 407,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,035,189 0.8832 9,098,069 8,035,189
D2 - FARM & RANCH IMP 2,516,340 N/A 2,516,340 2,516,340
E - NON-AG LAND AND IMPROVEMENTS 34,766,610 0.9247 37,597,718 34,766,610
F1 - COMMERCIAL REAL 14,903,570 0.8214 18,144,108 14,903,570
F2 - INDUSTRIAL REAL 3,677,940 N/A 3,677,940 3,677,940
G - ALL MINERALS 99,969,780 0.9991 100,059,834 99,969,780
J - ALL UTILITIES 81,721,480 0.9109 89,715,095 81,721,480
L1 - COMMERCIAL PERSONAL 3,587,930 N/A 3,587,930 3,587,930
L2 - INDUSTRIAL PERSONAL 6,480,120 N/A 6,480,120 6,480,120
M1 - MOBILE HOMES 1,700,690 N/A 1,700,690 1,700,690
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 785,720 N/A 785,720 785,720
Subtotal 321,023,799 0 328,946,031 321,023,799
Less Total Deductions 74,917,118 0 73,742,487 74,917,118
Total Taxable Value 246,106,681 0 255,203,544 246,106,681

The taxable values shown here will not match the values reported by your appraisal district.

See the ISD DEDUCTION Report for a breakdown of deduction values.

Government Code subsections 403.302(j) and (k) require the Comptroller's office to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For school districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 254,296,624 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 246,106,681 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 254,296,624 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 246,106,681 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 272,524,423 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 278,561,129 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 246,218,140 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T19 282,781,922 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 248,748,608 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 254,296,624 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 246,106,681 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 254,296,624 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 246,106,681 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 272,524,423 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 278,561,129 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 246,218,140 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T20 282,781,922 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 248,748,608 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,189,943 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 18,227,799 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,036,706 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 4,220,793 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 2,641,927 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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242-903-02/Wheeler ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 60,707,110 1.1366 53,411,147 60,707,110
B - MULTIFAMILY 1,763,470 N/A 1,763,470 1,763,470
C1 - VACANT LOTS 407,850 N/A 407,850 407,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,150,369 0.8846 9,213,249 8,150,369
D2 - FARM & RANCH IMP 2,517,870 N/A 2,517,870 2,517,870
E - NON-AG LAND AND IMPROVEMENTS 34,913,310 0.9250 37,744,418 34,913,310
F1 - COMMERCIAL REAL 14,903,570 0.8214 18,144,108 14,903,570
F2 - INDUSTRIAL REAL 3,677,940 N/A 3,677,940 3,677,940
G - ALL MINERALS 100,213,170 0.9991 100,303,224 100,213,170
J - ALL UTILITIES 82,471,740 0.9116 90,465,355 82,471,740
L1 - COMMERCIAL PERSONAL 3,587,930 N/A 3,587,930 3,587,930
L2 - INDUSTRIAL PERSONAL 6,483,410 N/A 6,483,410 6,483,410
M1 - MOBILE HOMES 1,700,690 N/A 1,700,690 1,700,690
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 785,720 N/A 785,720 785,720
Subtotal 322,284,149 330,206,381 322,284,149
Less Total Deductions 75,035,608 73,860,977 75,035,608
Total Taxable Value 247,248,541 256,345,404 247,248,541

The taxable values shown here will not match the values reported by your appraisal district.

See the ISD DEDUCTION Report for a breakdown of deduction values.

Government Code subsections 403.302(j) and (k) require the Comptroller's office to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For school districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 255,438,484 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 247,248,541 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 255,438,484 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 247,248,541 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 273,666,283 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 279,702,989 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 247,360,000 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T19 283,930,262 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 249,890,468 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 255,438,484 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 247,248,541 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 255,438,484 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 247,248,541 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 273,666,283 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 279,702,989 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 247,360,000 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T20 283,930,262 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 249,890,468 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,189,943 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 18,227,799 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,036,706 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 4,227,273 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 2,641,927 Loss to the increase in the Over-65/Disabled Homestead

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