taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

074/Fannin

116-909/Wolfe City ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 581,250 N/A 581,250 581,250
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 833,540 N/A 833,540 833,540
D2. Real Prop Farm & Ranch 162,280 N/A 162,280 162,280
E. Real Prop NonQual Acres 2,467,450 N/A 2,467,450 2,467,450
F1. Commercial Real 74,580 N/A 74,580 74,580
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,459,450 N/A 1,459,450 1,459,450
L1. Commercial Personal 20,000 N/A 20,000 20,000
L2. Industrial Personal 10,560 N/A 10,560 10,560
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 5,609,110 5,609,110 5,609,110
Less Total Deductions 719,979   719,979 719,979
Total Taxable Value 4,889,131 4,889,131 4,889,131 T2

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
5,066,361 4,889,131 5,066,361 4,889,131 4,914,205 4,914,205


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
177,230 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
5,066,361 4,889,131 5,066,361 4,889,131 4,914,205 4,914,205

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

116/Hunt

116-909/Wolfe City ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 26,175,391 N/A 26,175,391 26,175,391
B. Multi-Family Residences 2,450,770 N/A 2,450,770 2,450,770
C1. Vacant Lots 1,167,510 N/A 1,167,510 1,167,510
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,753,900 N/A 3,753,900 3,753,900
D2. Real Prop Farm & Ranch 2,681,730 N/A 2,681,730 2,681,730
E. Real Prop NonQual Acres 60,480,197 N/A 60,480,197 60,480,197
F1. Commercial Real 5,555,840 N/A 5,555,840 5,555,840
F2. Industrial Real 1,447,090 N/A 1,447,090 1,447,090
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,584,420 N/A 6,584,420 6,584,420
L1. Commercial Personal 1,990,595 N/A 1,990,595 1,990,595
L2. Industrial Personal 4,919,868 N/A 4,919,868 4,919,868
M. Other Personal 790,450 N/A 790,450 790,450
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 14,740 N/A 14,740 14,740
Subtotal 118,012,501 118,012,501 118,012,501
Less Total Deductions 21,073,435   21,073,435 21,073,435
Total Taxable Value 96,939,066 96,939,066 96,939,066 T2

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
104,198,863 96,939,066 104,198,863 96,939,066 97,833,858 97,833,858


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,259,797 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
104,198,863 96,939,066 104,198,863 96,939,066 97,833,858 97,833,858

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

116-909/Wolfe City ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 26,756,641 N/A 26,756,641 26,756,641
B. Multi-Family Residences 2,450,770 N/A 2,450,770 2,450,770
C1. Vacant Lots 1,167,510 N/A 1,167,510 1,167,510
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,587,440 N/A 4,587,440 4,587,440
D2. Real Prop Farm & Ranch 2,844,010 N/A 2,844,010 2,844,010
E. Real Prop NonQual Acres 62,947,647 N/A 62,947,647 62,947,647
F1. Commercial Real 5,630,420 N/A 5,630,420 5,630,420
F2. Industrial Real 1,447,090 N/A 1,447,090 1,447,090
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 8,043,870 N/A 8,043,870 8,043,870
L1. Commercial Personal 2,010,595 N/A 2,010,595 2,010,595
L2. Industrial Personal 4,930,428 N/A 4,930,428 4,930,428
M. Other Personal 790,450 N/A 790,450 790,450
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 14,740 N/A 14,740 14,740
Subtotal 123,621,611 123,621,611 123,621,611
Less Total Deductions 21,793,414   21,793,414 21,793,414
Total Taxable Value 101,828,197 101,828,197 101,828,197 T2

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