taxes Property Tax Assistance

2017 ISD Summary Worksheet

003/Angelina

037-909/Wells ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,391,860 N/A 1,391,860 1,391,860
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 115,270 N/A 115,270 115,270
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 334,223 N/A 334,223 334,223
D2. Real Prop Farm & Ranch 489,600 N/A 489,600 489,600
E. Real Prop NonQual Acres 1,071,110 N/A 1,071,110 1,071,110
F1. Commercial Real 606,970 N/A 606,970 606,970
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 397,430 N/A 397,430 397,430
J. Utilities 4,437,430 N/A 4,437,430 4,437,430
L1. Commercial Personal 17,480 N/A 17,480 17,480
L2. Industrial Personal 113,400 N/A 113,400 113,400
M. Other Personal 114,560 N/A 114,560 114,560
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 9,089,333 9,089,333 9,089,333
Less Total Deductions 1,272,381   1,272,381 1,272,381
Total Taxable Value 7,816,952 7,816,952 7,816,952 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
8,011,912 7,816,952 8,011,912 7,816,952


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
194,960 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
8,011,912 7,816,952 8,011,912 7,816,952

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

037/Cherokee

037-909/Wells ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 13,900,250 .8981 15,477,397 13,900,250
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 806,788 N/A 806,788 806,788
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,528,040 1.0153 8,399,211 8,528,040
D2. Real Prop Farm & Ranch 1,486,120 N/A 1,486,120 1,486,120
E. Real Prop NonQual Acres 26,126,390 .9146 28,565,920 26,126,390
F1. Commercial Real 1,806,587 N/A 1,806,587 1,806,587
F2. Industrial Real 218,910 N/A 218,910 218,910
G. Oil, Gas, Minerals 7,398,867 1.0176 7,270,899 7,398,867
J. Utilities 19,090,680 .7637 24,997,617 19,090,680
L1. Commercial Personal 1,481,560 N/A 1,481,560 1,481,560
L2. Industrial Personal 10,208,220 N/A 10,208,220 10,208,220
M. Other Personal 750,170 N/A 750,170 750,170
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 92,340,602 102,007,419 92,340,602
Less Total Deductions 13,528,113   14,783,794 13,528,113
Total Taxable Value 78,812,489 87,223,625 78,812,489 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
81,703,236 78,812,489 81,703,236 78,812,489


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,890,747 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
81,703,236 78,812,489 81,703,236 78,812,489

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

037-909/Wells ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 15,292,110 .9065 16,869,257 15,292,110
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 922,058 N/A 922,058 922,058
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,862,263 1.0148 8,733,434 8,862,263
D2. Real Prop Farm & Ranch 1,975,720 N/A 1,975,720 1,975,720
E. Real Prop NonQual Acres 27,197,500 .9177 29,637,030 27,197,500
F1. Commercial Real 2,413,557 N/A 2,413,557 2,413,557
F2. Industrial Real 218,910 N/A 218,910 218,910
G. Oil, Gas, Minerals 7,796,297 1.0167 7,668,329 7,796,297
J. Utilities 23,528,110 .7993 29,435,047 23,528,110
L1. Commercial Personal 1,499,040 N/A 1,499,040 1,499,040
L2. Industrial Personal 10,321,620 N/A 10,321,620 10,321,620
M. Other Personal 864,730 N/A 864,730 864,730
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 101,429,935 111,096,752 101,429,935
Less Total Deductions 14,800,494   16,056,175 14,800,494
Total Taxable Value 86,629,441 95,040,577 86,629,441 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

037-909/Wells ISD

Final Values Worksheet

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
89,715,148 86,629,441 89,715,148 86,629,441


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,085,707 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
89,715,148 86,629,441 89,715,148 86,629,441

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