taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

003/Angelina

037-909/Wells ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,515,150 N/A 1,515,150 1,515,150
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 97,120 N/A 97,120 97,120
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 428,052 N/A 428,052 428,052
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 878,820 N/A 878,820 878,820
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 942,976 N/A 942,976 942,976
J. Utilities 4,297,500 N/A 4,297,500 4,297,500
L1. Commercial Personal 1,480 N/A 1,480 1,480
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 134,840 N/A 134,840 134,840
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 8,295,938 8,295,938 8,295,938
Less Total Deductions 1,076,736   1,076,736 1,076,736
Total Taxable Value 7,219,202 7,219,202 7,219,202 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
7,459,807 7,219,202 7,459,807 7,219,202 7,219,202 7,219,202


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
240,605 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
7,459,807 7,219,202 7,459,807 7,219,202 7,219,202 7,219,202

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

037/Cherokee

037-909/Wells ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 12,074,640 N/A 12,074,640 12,074,640
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 859,590 N/A 859,590 859,590
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,899,522 N/A 5,899,522 5,899,522
D2. Real Prop Farm & Ranch 1,588,430 N/A 1,588,430 1,588,430
E. Real Prop NonQual Acres 18,537,190 N/A 18,537,190 18,537,190
F1. Commercial Real 1,720,420 N/A 1,720,420 1,720,420
F2. Industrial Real 218,910 N/A 218,910 218,910
G. Oil, Gas, Minerals 12,578,140 N/A 12,578,140 12,578,140
J. Utilities 10,574,560 N/A 10,574,560 10,574,560
L1. Commercial Personal 1,681,090 N/A 1,681,090 1,681,090
L2. Industrial Personal 5,606,970 N/A 5,606,970 5,606,970
M. Other Personal 796,340 N/A 796,340 796,340
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 72,673,822 72,673,822 72,673,822
Less Total Deductions 8,937,134   8,937,134 8,937,134
Total Taxable Value 63,736,688 63,736,688 63,736,688 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
67,236,008 63,736,688 67,236,008 63,736,688 63,956,090 63,956,090


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,499,320 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
67,236,008 63,736,688 67,236,008 63,736,688 63,956,090 63,956,090

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

037-909/Wells ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 13,589,790 N/A 13,589,790 13,589,790
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 956,710 N/A 956,710 956,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,327,574 N/A 6,327,574 6,327,574
D2. Real Prop Farm & Ranch 1,588,430 N/A 1,588,430 1,588,430
E. Real Prop NonQual Acres 19,416,010 N/A 19,416,010 19,416,010
F1. Commercial Real 1,720,420 N/A 1,720,420 1,720,420
F2. Industrial Real 218,910 N/A 218,910 218,910
G. Oil, Gas, Minerals 13,521,116 N/A 13,521,116 13,521,116
J. Utilities 14,872,060 N/A 14,872,060 14,872,060
L1. Commercial Personal 1,682,570 N/A 1,682,570 1,682,570
L2. Industrial Personal 5,606,970 N/A 5,606,970 5,606,970
M. Other Personal 931,180 N/A 931,180 931,180
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 80,969,760 80,969,760 80,969,760
Less Total Deductions 10,013,870   10,013,870 10,013,870
Total Taxable Value 70,955,890 70,955,890 70,955,890 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