taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

038/Childress

044-902/Wellington ISD


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 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,625,329 N/A 10,625,329 10,625,329
D2. Real Prop Farm & Ranch 204,446 N/A 204,446 204,446
E. Real Prop NonQual Acres 1,522,141 N/A 1,522,141 1,522,141
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,208,390 N/A 9,208,390 9,208,390
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 11,097 N/A 11,097 11,097
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 21,571,403 21,571,403 21,571,403
Less Total Deductions 160,543   160,543 160,543
Total Taxable Value 21,410,860 21,410,860 21,410,860 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
21,450,808 21,410,860 21,450,808 21,410,860


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
39,948 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
21,450,808 21,410,860 21,450,808 21,410,860

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

044/Collingsworth

044-902/Wellington ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 42,293,390 .9918 42,643,063 42,293,390
B. Multi-Family Residences 363,540 N/A 363,540 363,540
C1. Vacant Lots 869,300 N/A 869,300 869,300
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,102,170 .9490 32,773,858 31,102,170
D2. Real Prop Farm & Ranch 5,535,910 N/A 5,535,910 5,535,910
E. Real Prop NonQual Acres 15,269,620 .8307 18,381,630 15,269,620
F1. Commercial Real 7,281,360 N/A 7,281,360 7,281,360
F2. Industrial Real 3,420,840 N/A 3,420,840 3,420,840
G. Oil, Gas, Minerals 6,928,090 N/A 6,928,090 6,928,090
J. Utilities 55,482,710 1.0142 54,705,886 55,482,710
L1. Commercial Personal 7,420,590 N/A 7,420,590 7,420,590
L2. Industrial Personal 1,023,110 N/A 1,023,110 1,023,110
M. Other Personal 327,970 N/A 327,970 327,970
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 177,318,600 181,675,147 177,318,600
Less Total Deductions 24,023,462   24,144,135 24,023,462
Total Taxable Value 153,295,138 157,531,012 153,295,138 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
158,026,608 153,295,138 158,026,608 153,295,138


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,731,470 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
158,026,608 153,295,138 158,026,608 153,295,138

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

044-902/Wellington ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 42,293,390 .9918 42,643,063 42,293,390
B. Multi-Family Residences 363,540 N/A 363,540 363,540
C1. Vacant Lots 869,300 N/A 869,300 869,300
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,727,499 .9615 43,399,187 41,727,499
D2. Real Prop Farm & Ranch 5,740,356 N/A 5,740,356 5,740,356
E. Real Prop NonQual Acres 16,791,761 .8436 19,903,771 16,791,761
F1. Commercial Real 7,281,360 N/A 7,281,360 7,281,360
F2. Industrial Real 3,420,840 N/A 3,420,840 3,420,840
G. Oil, Gas, Minerals 6,928,090 N/A 6,928,090 6,928,090
J. Utilities 64,691,100 1.0122 63,914,276 64,691,100
L1. Commercial Personal 7,420,590 N/A 7,420,590 7,420,590
L2. Industrial Personal 1,023,110 N/A 1,023,110 1,023,110
M. Other Personal 339,067 N/A 339,067 339,067
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 198,890,003 203,246,550 198,890,003
Less Total Deductions 24,184,005   24,304,678 24,184,005
Total Taxable Value 174,705,998 178,941,872 174,705,998 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