taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

090/Gray

242-903/Wheeler ISD


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 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 109,630 N/A 109,630 109,630
D2. Real Prop Farm & Ranch 250 N/A 250 250
E. Real Prop NonQual Acres 76,680 N/A 76,680 76,680
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 564,880 N/A 564,880 564,880
J. Utilities 895,810 N/A 895,810 895,810
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 7,500 N/A 7,500 7,500
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 1,654,750 1,654,750 1,654,750
Less Total Deductions 18,330   18,330 18,330
Total Taxable Value 1,636,420 1,636,420 1,636,420 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
1,638,960 1,636,420 1,638,960 1,636,420 1,636,420 1,636,420


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,540 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
1,638,960 1,636,420 1,638,960 1,636,420 1,636,420 1,636,420

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

242/Wheeler

242-903/Wheeler ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 35,755,500 N/A 35,755,500 35,755,500
B. Multi-Family Residences 1,187,640 N/A 1,187,640 1,187,640
C1. Vacant Lots 462,820 N/A 462,820 462,820
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,115,270 N/A 6,115,270 6,115,270
D2. Real Prop Farm & Ranch 1,248,400 N/A 1,248,400 1,248,400
E. Real Prop NonQual Acres 17,735,740 N/A 17,735,740 17,735,740
F1. Commercial Real 13,009,530 N/A 13,009,530 13,009,530
F2. Industrial Real 3,272,760 N/A 3,272,760 3,272,760
G. Oil, Gas, Minerals 305,220,550 N/A 305,220,550 305,220,550
J. Utilities 98,938,240 N/A 98,938,240 98,938,240
L1. Commercial Personal 19,670,830 N/A 19,670,830 19,670,830
L2. Industrial Personal 11,456,930 N/A 11,456,930 11,456,930
M. Other Personal 1,431,010 N/A 1,431,010 1,431,010
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 599,330 N/A 599,330 599,330
Subtotal 516,104,550 516,104,550 516,104,550
Less Total Deductions 14,590,607   14,590,607 14,590,607
Total Taxable Value 501,513,943 501,513,943 501,513,943 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
505,667,963 501,513,943 505,667,963 501,513,943 502,151,745 502,151,745


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,154,020 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
505,667,963 501,513,943 505,667,963 501,513,943 502,151,745 502,151,745

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

242-903/Wheeler ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 35,755,500 N/A 35,755,500 35,755,500
B. Multi-Family Residences 1,187,640 N/A 1,187,640 1,187,640
C1. Vacant Lots 462,820 N/A 462,820 462,820
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,224,900 N/A 6,224,900 6,224,900
D2. Real Prop Farm & Ranch 1,248,650 N/A 1,248,650 1,248,650
E. Real Prop NonQual Acres 17,812,420 N/A 17,812,420 17,812,420
F1. Commercial Real 13,009,530 N/A 13,009,530 13,009,530
F2. Industrial Real 3,272,760 N/A 3,272,760 3,272,760
G. Oil, Gas, Minerals 305,785,430 N/A 305,785,430 305,785,430
J. Utilities 99,834,050 N/A 99,834,050 99,834,050
L1. Commercial Personal 19,670,830 N/A 19,670,830 19,670,830
L2. Industrial Personal 11,464,430 N/A 11,464,430 11,464,430
M. Other Personal 1,431,010 N/A 1,431,010 1,431,010
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 599,330 N/A 599,330 599,330
Subtotal 517,759,300 517,759,300 517,759,300
Less Total Deductions 14,608,937   14,608,937 14,608,937
Total Taxable Value 503,150,363 503,150,363 503,150,363 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