taxes Property Tax Assistance

2025 ISD Summary Worksheet

Kelton ISD (all splits)   Wheeler County  

242-Wheeler/Wheeler County

242-905/Kelton ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 153,700 N/A 153,700 153,700
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,940 N/A 1,940 1,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,110,901 0.8462 7,221,258 6,110,901
D2 - FARM & RANCH IMP 1,892,900 N/A 1,892,900 1,892,900
E - NON-AG LAND AND IMPROVEMENTS 12,570,170 N/A 12,570,170 12,570,170
F1 - COMMERCIAL REAL 157,080 N/A 157,080 157,080
F2 - INDUSTRIAL REAL 62,200,550 N/A 62,200,550 62,200,550
G - ALL MINERALS 278,981,950 1.0039 277,898,147 278,981,950
J - ALL UTILITIES 110,798,370 0.9237 119,950,601 110,798,370
L1 - COMMERCIAL PERSONAL 322,330 N/A 322,330 322,330
L2 - INDUSTRIAL PERSONAL 6,682,150 N/A 6,682,150 6,682,150
M1 - MOBILE HOMES 420,280 N/A 420,280 420,280
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 480,292,321 0 489,471,106 480,292,321
Less Total Deductions 80,646,379 0 80,646,379 80,646,379
Total Taxable Value 399,645,942 0 408,824,727 399,645,942

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 400,454,559 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 399,645,942 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 400,454,559 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 399,645,942 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 402,096,786 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 402,602,864 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 399,649,228 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 402,957,103 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 400,070,362 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 400,454,559 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 399,645,942 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 400,454,559 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 399,645,942 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 402,096,786 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 402,602,864 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 399,649,228 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 402,957,103 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 400,070,362 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 808,617 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 1,642,227 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 506,078 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 354,239 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 424,420 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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242-905-02/Kelton ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 153,700 N/A 153,700 153,700
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,940 N/A 1,940 1,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,110,901 0.8462 7,221,258 6,110,901
D2 - FARM & RANCH IMP 1,892,900 N/A 1,892,900 1,892,900
E - NON-AG LAND AND IMPROVEMENTS 12,570,170 N/A 12,570,170 12,570,170
F1 - COMMERCIAL REAL 157,080 N/A 157,080 157,080
F2 - INDUSTRIAL REAL 62,200,550 N/A 62,200,550 62,200,550
G - ALL MINERALS 278,981,950 1.0039 277,898,147 278,981,950
J - ALL UTILITIES 110,798,370 0.9237 119,950,601 110,798,370
L1 - COMMERCIAL PERSONAL 322,330 N/A 322,330 322,330
L2 - INDUSTRIAL PERSONAL 6,682,150 N/A 6,682,150 6,682,150
M1 - MOBILE HOMES 420,280 N/A 420,280 420,280
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 480,292,321 489,471,106 480,292,321
Less Total Deductions 80,646,379 80,646,379 80,646,379
Total Taxable Value 399,645,942 408,824,727 399,645,942

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 400,454,559 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 399,645,942 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 400,454,559 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 399,645,942 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 402,096,786 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 402,602,864 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 399,649,228 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 402,957,103 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 400,070,362 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 400,454,559 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 399,645,942 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 400,454,559 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 399,645,942 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 402,096,786 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 402,602,864 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 399,649,228 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 402,957,103 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 400,070,362 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 808,617 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 1,642,227 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 506,078 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 354,239 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 424,420 Loss to the increase in the Over-65/Disabled Homestead

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