taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

083/Gaines

223-904/Wellman-Union CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 800 N/A 800 800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 272,160 N/A 272,160 272,160
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 0 N/A 0 0
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 867,892 N/A 867,892 867,892
J. Utilities 17,190 N/A 17,190 17,190
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 18,320 N/A 18,320 18,320
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 1,176,362 1,176,362 1,176,362
Less Total Deductions 0   0 0
Total Taxable Value 1,176,362 1,176,362 1,176,362 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
1,176,362 1,176,362 1,176,362 1,176,362 1,176,362 1,176,362


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,176,362 1,176,362 1,176,362 1,176,362 1,176,362 1,176,362

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

223/Terry

223-904/Wellman-Union CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,155,982 N/A 2,155,982 2,155,982
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 37,217 N/A 37,217 37,217
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,390,054 N/A 33,390,054 33,390,054
D2. Real Prop Farm & Ranch 1,541,081 N/A 1,541,081 1,541,081
E. Real Prop NonQual Acres 6,835,323 N/A 6,835,323 6,835,323
F1. Commercial Real 412,114 N/A 412,114 412,114
F2. Industrial Real 8,969,887 N/A 8,969,887 8,969,887
G. Oil, Gas, Minerals 251,365,030 N/A 251,365,030 251,365,030
J. Utilities 9,875,396 N/A 9,875,396 9,875,396
L1. Commercial Personal 616,890 N/A 616,890 616,890
L2. Industrial Personal 18,562,483 N/A 18,562,483 18,562,483
M. Other Personal 324,281 N/A 324,281 324,281
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 334,085,738 334,085,738 334,085,738
Less Total Deductions 2,486,244   2,486,244 2,486,244
Total Taxable Value 331,599,494 331,599,494 331,599,494 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
332,474,776 331,599,494 332,474,776 331,599,494 331,661,633 331,661,633


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
875,282 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
332,474,776 331,599,494 332,474,776 331,599,494 331,661,633 331,661,633

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

223-904/Wellman-Union CISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,155,982 N/A 2,155,982 2,155,982
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 38,017 N/A 38,017 38,017
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,662,214 N/A 33,662,214 33,662,214
D2. Real Prop Farm & Ranch 1,541,081 N/A 1,541,081 1,541,081
E. Real Prop NonQual Acres 6,835,323 N/A 6,835,323 6,835,323
F1. Commercial Real 412,114 N/A 412,114 412,114
F2. Industrial Real 8,969,887 N/A 8,969,887 8,969,887
G. Oil, Gas, Minerals 252,232,922 N/A 252,232,922 252,232,922
J. Utilities 9,892,586 N/A 9,892,586 9,892,586
L1. Commercial Personal 616,890 N/A 616,890 616,890
L2. Industrial Personal 18,580,803 N/A 18,580,803 18,580,803
M. Other Personal 324,281 N/A 324,281 324,281
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 335,262,100 335,262,100 335,262,100
Less Total Deductions 2,486,244   2,486,244 2,486,244
Total Taxable Value 332,775,856 332,775,856 332,775,856 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