taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

003/Angelina

037-909/Wells ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,418,880 N/A 1,418,880 1,418,880
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 97,220 N/A 97,220 97,220
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 274,766 N/A 274,766 274,766
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 874,880 N/A 874,880 874,880
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,016,257 N/A 1,016,257 1,016,257
J. Utilities 4,449,170 N/A 4,449,170 4,449,170
L1. Commercial Personal 57,980 N/A 57,980 57,980
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 126,700 N/A 126,700 126,700
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 8,315,853 8,315,853 8,315,853
Less Total Deductions 1,291,960   1,291,960 1,291,960
Total Taxable Value 7,023,893 7,023,893 7,023,893 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
7,236,487 7,023,893 7,236,487 7,023,893


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
212,594 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
7,236,487 7,023,893 7,236,487 7,023,893

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

037/Cherokee

037-909/Wells ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,101,595 .9280 13,040,512 12,101,595
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 843,060 N/A 843,060 843,060
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,397,102 .9155 6,987,659 6,397,102
D2. Real Prop Farm & Ranch 1,623,820 N/A 1,623,820 1,623,820
E. Real Prop NonQual Acres 21,359,090 .9667 22,094,848 21,359,090
F1. Commercial Real 1,733,750 N/A 1,733,750 1,733,750
F2. Industrial Real 218,910 N/A 218,910 218,910
G. Oil, Gas, Minerals 11,711,753 .9854 11,885,278 11,711,753
J. Utilities 21,356,740 1.1066 19,299,422 21,356,740
L1. Commercial Personal 1,727,570 N/A 1,727,570 1,727,570
L2. Industrial Personal 10,663,670 N/A 10,663,670 10,663,670
M. Other Personal 774,310 N/A 774,310 774,310
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 91,049,390 91,430,829 91,049,390
Less Total Deductions 10,584,271   11,245,203 10,584,271
Total Taxable Value 80,465,119 80,185,626 80,465,119 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
83,101,965 80,465,119 83,101,965 80,465,119


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,636,846 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
83,101,965 80,465,119 83,101,965 80,465,119

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

037-909/Wells ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 13,520,475 .9351 14,459,392 13,520,475
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 940,280 N/A 940,280 940,280
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,671,868 .9187 7,262,425 6,671,868
D2. Real Prop Farm & Ranch 1,623,820 N/A 1,623,820 1,623,820
E. Real Prop NonQual Acres 22,233,970 .9680 22,969,728 22,233,970
F1. Commercial Real 1,733,750 N/A 1,733,750 1,733,750
F2. Industrial Real 218,910 N/A 218,910 218,910
G. Oil, Gas, Minerals 12,728,010 .9866 12,901,535 12,728,010
J. Utilities 25,805,910 1.0866 23,748,592 25,805,910
L1. Commercial Personal 1,785,550 N/A 1,785,550 1,785,550
L2. Industrial Personal 10,663,670 N/A 10,663,670 10,663,670
M. Other Personal 901,010 N/A 901,010 901,010
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 99,365,243 99,746,682 99,365,243
Less Total Deductions 11,876,231   12,537,163 11,876,231
Total Taxable Value 87,489,012 87,209,519 87,489,012 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