taxes Property Tax Assistance

2017 ISD Summary Worksheet

038/Childress

044-902/Wellington ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,571,850 N/A 9,571,850 9,571,850
D2. Real Prop Farm & Ranch 223,426 N/A 223,426 223,426
E. Real Prop NonQual Acres 1,485,135 N/A 1,485,135 1,485,135
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,508,990 N/A 9,508,990 9,508,990
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 11,097 N/A 11,097 11,097
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 20,800,498 20,800,498 20,800,498
Less Total Deductions 95,098   95,098 95,098
Total Taxable Value 20,705,400 20,705,400 20,705,400 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
20,727,258 20,705,400 20,727,258 20,705,400


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,858 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
20,727,258 20,705,400 20,727,258 20,705,400

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

044/Collingsworth

044-902/Wellington ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 40,445,250 .9259 43,682,093 40,445,250
B. Multi-Family Residences 388,970 N/A 388,970 388,970
C1. Vacant Lots 1,116,430 N/A 1,116,430 1,116,430
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,247,000 .9923 33,505,337 33,247,000
D2. Real Prop Farm & Ranch 6,129,270 N/A 6,129,270 6,129,270
E. Real Prop NonQual Acres 17,197,170 .9808 17,533,819 17,197,170
F1. Commercial Real 10,576,410 N/A 10,576,410 10,576,410
F2. Industrial Real 3,347,350 N/A 3,347,350 3,347,350
G. Oil, Gas, Minerals 2,645,970 N/A 2,645,970 2,645,970
J. Utilities 52,791,480 .8668 60,903,876 52,791,480
L1. Commercial Personal 8,676,860 N/A 8,676,860 8,676,860
L2. Industrial Personal 1,394,170 N/A 1,394,170 1,394,170
M. Other Personal 379,500 N/A 379,500 379,500
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 178,335,830 190,280,055 178,335,830
Less Total Deductions 23,225,486   24,250,993 23,225,486
Total Taxable Value 155,110,344 166,029,062 155,110,344 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
160,235,804 155,110,344 160,235,804 155,110,344


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,125,460 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
160,235,804 155,110,344 160,235,804 155,110,344

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 invalid, but local value was certified because your school district is in year one of the grace period.

044-902/Wellington ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 40,445,250 .9259 43,682,093 40,445,250
B. Multi-Family Residences 388,970 N/A 388,970 388,970
C1. Vacant Lots 1,116,430 N/A 1,116,430 1,116,430
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 42,818,850 .9940 43,077,187 42,818,850
D2. Real Prop Farm & Ranch 6,352,696 N/A 6,352,696 6,352,696
E. Real Prop NonQual Acres 18,682,305 .9823 19,018,954 18,682,305
F1. Commercial Real 10,576,410 N/A 10,576,410 10,576,410
F2. Industrial Real 3,347,350 N/A 3,347,350 3,347,350
G. Oil, Gas, Minerals 2,645,970 N/A 2,645,970 2,645,970
J. Utilities 62,300,470 .8848 70,412,866 62,300,470
L1. Commercial Personal 8,676,860 N/A 8,676,860 8,676,860
L2. Industrial Personal 1,394,170 N/A 1,394,170 1,394,170
M. Other Personal 390,597 N/A 390,597 390,597
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 199,136,328 211,080,553 199,136,328
Less Total Deductions 23,320,584   24,346,091 23,320,584
Total Taxable Value 175,815,744 186,734,462 175,815,744 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

044-902/Wellington 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
180,963,062 175,815,744 180,963,062 175,815,744


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,147,318 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
180,963,062 175,815,744 180,963,062 175,815,744

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