taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

241/Wharton

241-902/East Bernard ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 150,000,418 .9924 151,149,152 150,000,418
B. Multi-Family Residences 1,261,357 N/A 1,261,357 1,261,357
C1. Vacant Lots 8,603,094 N/A 8,603,094 8,603,094
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,311,988 .8949 38,343,009 34,311,988
D2. Real Prop Farm & Ranch 114,615 N/A 114,615 114,615
E. Real Prop NonQual Acres 58,188,173 1.0072 57,772,213 58,188,173
F1. Commercial Real 17,482,698 .9936 17,595,308 17,482,698
F2. Industrial Real 12,332,880 N/A 12,332,880 12,332,880
G. Oil, Gas, Minerals 11,690,916 1.0062 11,618,879 11,690,916
J. Utilities 27,476,226 .9652 28,466,873 27,476,226
L1. Commercial Personal 9,376,073 N/A 9,376,073 9,376,073
L2. Industrial Personal 46,544,637 N/A 46,544,637 46,544,637
M. Other Personal 523,811 N/A 523,811 523,811
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 185,404 N/A 185,404 185,404
S. Special Inventory 3,640,619 N/A 3,640,619 3,640,619
Subtotal 381,732,909 387,527,924 381,732,909
Less Total Deductions 50,764,873   51,159,392 50,764,873
Total Taxable Value 330,968,036 336,368,532 330,968,036 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
340,958,599 330,968,036 340,958,599 330,968,036


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,990,563 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
340,958,599 330,968,036 340,958,599 330,968,036

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