taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

241/Wharton

241-906/Louise ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 60,664,456 .9856 61,550,787 60,664,456
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,067,479 N/A 4,067,479 4,067,479
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,608,681 .8409 45,912,428 38,608,681
D2. Real Prop Farm & Ranch 317,805 N/A 317,805 317,805
E. Real Prop NonQual Acres 47,503,683 .9743 48,756,731 47,503,683
F1. Commercial Real 19,594,014 .9915 19,761,991 19,594,014
F2. Industrial Real 1,062,183 N/A 1,062,183 1,062,183
G. Oil, Gas, Minerals 9,815,589 1.0164 9,657,211 9,815,589
J. Utilities 38,770,311 1.0192 38,039,944 38,770,311
L1. Commercial Personal 20,915,792 1.0630 19,676,192 20,915,792
L2. Industrial Personal 24,186,614 N/A 24,186,614 24,186,614
M. Other Personal 216,888 N/A 216,888 216,888
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 505,988 N/A 505,988 505,988
Subtotal 266,229,483 273,712,241 266,229,483
Less Total Deductions 28,286,856   28,589,818 28,286,856
Total Taxable Value 237,942,627 245,122,423 237,942,627 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
243,333,852 237,942,627 243,333,852 237,942,627


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,391,225 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
243,333,852 237,942,627 243,333,852 237,942,627

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