taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

241/Wharton

241-904/Wharton ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 320,794,047 N/A 320,794,047 320,794,047
B. Multi-Family Residences 19,423,923 N/A 19,423,923 19,423,923
C1. Vacant Lots 18,777,735 N/A 18,777,735 18,777,735
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,745,088 N/A 33,745,088 33,745,088
D2. Real Prop Farm & Ranch 2,411,566 N/A 2,411,566 2,411,566
E. Real Prop NonQual Acres 47,657,206 N/A 47,657,206 47,657,206
F1. Commercial Real 99,281,163 N/A 99,281,163 99,281,163
F2. Industrial Real 261,519,809 N/A 261,519,809 261,519,809
G. Oil, Gas, Minerals 184,722,640 N/A 184,722,640 184,722,640
J. Utilities 37,959,803 N/A 37,959,803 37,959,803
L1. Commercial Personal 39,859,420 N/A 39,859,420 39,859,420
L2. Industrial Personal 86,488,423 N/A 86,488,423 86,488,423
M. Other Personal 1,109,278 N/A 1,109,278 1,109,278
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 270,306 N/A 270,306 270,306
S. Special Inventory 2,239,376 N/A 2,239,376 2,239,376
Subtotal 1,156,259,783 1,156,259,783 1,156,259,783
Less Total Deductions 152,874,782   152,874,782 152,874,782
Total Taxable Value 1,003,385,001 1,003,385,001 1,003,385,001 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
1,028,484,735 1,003,385,001 1,028,484,735 1,003,385,001 1,006,719,560 1,006,719,560


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,099,734 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
1,028,484,735 1,003,385,001 1,028,484,735 1,003,385,001 1,006,719,560 1,006,719,560

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