taxes Property Tax Assistance

2016 ISD Summary Worksheet

241/Wharton

241-906/Louise ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 67,529,623 N/A 67,529,623 67,529,623
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,960,256 N/A 4,960,256 4,960,256
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,504,067 N/A 38,504,067 38,504,067
D2. Real Prop Farm & Ranch 317,805 N/A 317,805 317,805
E. Real Prop NonQual Acres 52,363,672 N/A 52,363,672 52,363,672
F1. Commercial Real 20,268,766 N/A 20,268,766 20,268,766
F2. Industrial Real 1,095,563 N/A 1,095,563 1,095,563
G. Oil, Gas, Minerals 6,945,678 N/A 6,945,678 6,945,678
J. Utilities 38,043,896 N/A 38,043,896 38,043,896
L1. Commercial Personal 30,505,170 N/A 30,505,170 30,505,170
L2. Industrial Personal 23,860,433 N/A 23,860,433 23,860,433
M. Other Personal 227,440 N/A 227,440 227,440
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 460,804 N/A 460,804 460,804
Subtotal 285,083,173 285,083,173 285,083,173
Less Total Deductions 33,383,416   33,383,416 33,383,416
Total Taxable Value 251,699,757 251,699,757 251,699,757 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
257,237,936 251,699,757 257,237,936 251,699,757


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,538,179 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
257,237,936 251,699,757 257,237,936 251,699,757

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