taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

083/Gaines

223-904/Wellman-Union CISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 800 N/A 800 800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 296,090 N/A 296,090 296,090
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 0 N/A 0 0
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 677,690 N/A 677,690 677,690
J. Utilities 17,170 N/A 17,170 17,170
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 15,850 N/A 15,850 15,850
M. Other Personal 0 N/A 0 0
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 1,007,600 1,007,600 1,007,600
Less Total Deductions 0   0 0
Total Taxable Value 1,007,600 1,007,600 1,007,600 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,007,600 1,007,600 1,007,600 1,007,600


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,007,600 1,007,600 1,007,600 1,007,600

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

The PVS found your local value to be valid, and local value was certified

223/Terry

223-904/Wellman-Union CISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,213,690 N/A 2,213,690 2,213,690
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 37,777 N/A 37,777 37,777
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 39,122,671 .9871 39,632,383 39,122,671
D2. Real Prop Farm & Ranch 1,441,253 N/A 1,441,253 1,441,253
E. Real Prop NonQual Acres 7,596,951 N/A 7,596,951 7,596,951
F1. Commercial Real 412,114 N/A 412,114 412,114
F2. Industrial Real 8,931,738 N/A 8,931,738 8,931,738
G. Oil, Gas, Minerals 133,425,394 1.0345 128,975,731 133,425,394
J. Utilities 11,392,976 N/A 11,392,976 11,392,976
L1. Commercial Personal 884,620 N/A 884,620 884,620
L2. Industrial Personal 28,847,871 N/A 28,847,871 28,847,871
M. Other Personal 312,542 N/A 312,542 312,542
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 234,619,597 230,679,646 234,619,597
Less Total Deductions 2,768,257   2,768,257 2,768,257
Total Taxable Value 231,851,340 227,911,389 231,851,340 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
232,370,064 231,851,340 232,370,064 231,851,340


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
518,724 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
232,370,064 231,851,340 232,370,064 231,851,340

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

The PVS found your local value to be valid, and local value was certified

223-904/Wellman-Union CISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,213,690 N/A 2,213,690 2,213,690
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 38,577 N/A 38,577 38,577
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 39,418,761 .9872 39,928,473 39,418,761
D2. Real Prop Farm & Ranch 1,441,253 N/A 1,441,253 1,441,253
E. Real Prop NonQual Acres 7,596,951 N/A 7,596,951 7,596,951
F1. Commercial Real 412,114 N/A 412,114 412,114
F2. Industrial Real 8,931,738 N/A 8,931,738 8,931,738
G. Oil, Gas, Minerals 134,103,084 1.0343 129,653,421 134,103,084
J. Utilities 11,410,146 N/A 11,410,146 11,410,146
L1. Commercial Personal 884,620 N/A 884,620 884,620
L2. Industrial Personal 28,863,721 N/A 28,863,721 28,863,721
M. Other Personal 312,542 N/A 312,542 312,542
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 235,627,197 231,687,246 235,627,197
Less Total Deductions 2,768,257   2,768,257 2,768,257
Total Taxable Value 232,858,940 228,918,989 232,858,940 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