taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

241/Wharton

241-904/Wharton ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 324,886,183 .9499 342,021,458 324,886,183
B. Multi-Family Residences 19,244,804 N/A 19,244,804 19,244,804
C1. Vacant Lots 17,975,650 N/A 17,975,650 17,975,650
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 32,667,392 .8736 37,394,447 32,667,392
D2. Real Prop Farm & Ranch 178,746 N/A 178,746 178,746
E. Real Prop NonQual Acres 54,556,528 .9256 58,941,798 54,556,528
F1. Commercial Real 101,399,198 1.0196 99,449,978 101,399,198
F2. Industrial Real 245,349,042 N/A 245,349,042 245,349,042
G. Oil, Gas, Minerals 80,111,846 .9629 83,198,511 80,111,846
J. Utilities 39,310,373 N/A 39,310,373 39,310,373
L1. Commercial Personal 42,485,472 N/A 42,485,472 42,485,472
L2. Industrial Personal 81,676,046 N/A 81,676,046 81,676,046
M. Other Personal 1,270,479 N/A 1,270,479 1,270,479
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 270,306 N/A 270,306 270,306
S. Special Inventory 2,245,403 N/A 2,245,403 2,245,403
Subtotal 1,043,627,468 1,071,012,513 1,043,627,468
Less Total Deductions 134,058,760   140,107,594 134,058,760
Total Taxable Value 909,568,708 930,904,919 909,568,708 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
932,454,048 909,568,708 932,454,048 909,568,708


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,885,340 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
932,454,048 909,568,708 932,454,048 909,568,708

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