taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

241/Wharton

241-902/East Bernard ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 147,294,067 N/A 147,294,067 147,294,067
B. Multi-Family Residences 1,259,203 N/A 1,259,203 1,259,203
C1. Vacant Lots 8,395,082 N/A 8,395,082 8,395,082
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 36,596,183 N/A 36,596,183 36,596,183
D2. Real Prop Farm & Ranch 3,102,943 N/A 3,102,943 3,102,943
E. Real Prop NonQual Acres 51,961,150 N/A 51,961,150 51,961,150
F1. Commercial Real 17,459,664 N/A 17,459,664 17,459,664
F2. Industrial Real 11,721,028 N/A 11,721,028 11,721,028
G. Oil, Gas, Minerals 18,151,835 N/A 18,151,835 18,151,835
J. Utilities 25,726,526 N/A 25,726,526 25,726,526
L1. Commercial Personal 9,810,901 N/A 9,810,901 9,810,901
L2. Industrial Personal 33,879,269 N/A 33,879,269 33,879,269
M. Other Personal 509,203 N/A 509,203 509,203
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 185,404 N/A 185,404 185,404
S. Special Inventory 4,158,465 N/A 4,158,465 4,158,465
Subtotal 370,210,923 370,210,923 370,210,923
Less Total Deductions 39,241,571   39,241,571 39,241,571
Total Taxable Value 330,969,352 330,969,352 330,969,352 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
341,369,298 330,969,352 341,369,298 330,969,352 333,024,634 333,024,634


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,399,946 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
341,369,298 330,969,352 341,369,298 330,969,352 333,024,634 333,024,634

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