taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

038/Childress

044-902/Wellington 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) 9,839,721 1.3290 7,404,000 9,839,721
D2. Real Prop Farm & Ranch 182,496 N/A 182,496 182,496
E. Real Prop NonQual Acres 1,577,003 .8695 1,813,689 1,577,003
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 8,625,740 1.0471 8,237,742 8,625,740
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 11,097 N/A 11,097 11,097
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 20,236,057 17,649,024 20,236,057
Less Total Deductions 137,925   137,925 137,925
Total Taxable Value 20,098,132 17,511,099 20,098,132 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
20,151,412 20,098,132 20,151,412 20,098,132 20,098,132 20,098,132


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
53,280 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
20,151,412 20,098,132 20,151,412 20,098,132 20,098,132 20,098,132

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 invalid, but local value was certified because local value is greater than PTAD value.

044/Collingsworth

044-902/Wellington ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 41,108,030 N/A 41,108,030 41,108,030
B. Multi-Family Residences 294,660 N/A 294,660 294,660
C1. Vacant Lots 696,050 N/A 696,050 696,050
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 28,911,090 N/A 28,911,090 28,911,090
D2. Real Prop Farm & Ranch 5,134,200 N/A 5,134,200 5,134,200
E. Real Prop NonQual Acres 13,279,180 N/A 13,279,180 13,279,180
F1. Commercial Real 7,345,610 N/A 7,345,610 7,345,610
F2. Industrial Real 3,430,860 N/A 3,430,860 3,430,860
G. Oil, Gas, Minerals 5,402,010 N/A 5,402,010 5,402,010
J. Utilities 42,118,090 N/A 42,118,090 42,118,090
L1. Commercial Personal 7,471,520 N/A 7,471,520 7,471,520
L2. Industrial Personal 977,910 N/A 977,910 977,910
M. Other Personal 338,000 N/A 338,000 338,000
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 156,507,210 156,507,210 156,507,210
Less Total Deductions 19,563,970   19,563,970 19,563,970
Total Taxable Value 136,943,240 136,943,240 136,943,240 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
143,766,100 136,943,240 143,766,100 136,943,240 137,563,040 137,563,040


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,822,860 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
143,766,100 136,943,240 143,766,100 136,943,240 137,563,040 137,563,040

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

044-902/Wellington ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 41,108,030 N/A 41,108,030 41,108,030
B. Multi-Family Residences 294,660 N/A 294,660 294,660
C1. Vacant Lots 696,050 N/A 696,050 696,050
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,750,811 1.0671 36,315,090 38,750,811
D2. Real Prop Farm & Ranch 5,316,696 N/A 5,316,696 5,316,696
E. Real Prop NonQual Acres 14,856,183 .9843 15,092,869 14,856,183
F1. Commercial Real 7,345,610 N/A 7,345,610 7,345,610
F2. Industrial Real 3,430,860 N/A 3,430,860 3,430,860
G. Oil, Gas, Minerals 5,402,010 N/A 5,402,010 5,402,010
J. Utilities 50,743,830 1.0077 50,355,832 50,743,830
L1. Commercial Personal 7,471,520 N/A 7,471,520 7,471,520
L2. Industrial Personal 977,910 N/A 977,910 977,910
M. Other Personal 349,097 N/A 349,097 349,097
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 176,743,267 174,156,234 176,743,267
Less Total Deductions 19,701,895   19,701,895 19,701,895
Total Taxable Value 157,041,372 154,454,339 157,041,372 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