taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

241/Wharton

241-906/Louise ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 59,167,975 N/A 59,167,975 59,167,975
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,820,049 N/A 3,820,049 3,820,049
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,540,245 N/A 41,540,245 41,540,245
D2. Real Prop Farm & Ranch 3,151,087 N/A 3,151,087 3,151,087
E. Real Prop NonQual Acres 43,146,702 N/A 43,146,702 43,146,702
F1. Commercial Real 19,806,527 N/A 19,806,527 19,806,527
F2. Industrial Real 1,080,793 N/A 1,080,793 1,080,793
G. Oil, Gas, Minerals 24,749,351 N/A 24,749,351 24,749,351
J. Utilities 34,899,530 N/A 34,899,530 34,899,530
L1. Commercial Personal 17,810,391 N/A 17,810,391 17,810,391
L2. Industrial Personal 26,250,158 N/A 26,250,158 26,250,158
M. Other Personal 216,888 N/A 216,888 216,888
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 520,885 N/A 520,885 520,885
Subtotal 276,160,581 276,160,581 276,160,581
Less Total Deductions 22,639,330   22,639,330 22,639,330
Total Taxable Value 253,521,251 253,521,251 253,521,251 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
259,304,771 253,521,251 259,304,771 253,521,251 254,359,334 254,359,334


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,783,520 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
259,304,771 253,521,251 259,304,771 253,521,251 254,359,334 254,359,334

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