taxes Property Tax Assistance

2017 ISD Summary Worksheet

074/Fannin

116-909/Wolfe City ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 631,650 N/A 631,650 631,650
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) 766,590 N/A 766,590 766,590
D2. Real Prop Farm & Ranch 249,784 N/A 249,784 249,784
E. Real Prop NonQual Acres 2,485,876 N/A 2,485,876 2,485,876
F1. Commercial Real 61,110 N/A 61,110 61,110
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,140,280 N/A 4,140,280 4,140,280
L1. Commercial Personal 1,250 N/A 1,250 1,250
L2. Industrial Personal 24,600 N/A 24,600 24,600
M. Other Personal 0 N/A 0 0
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 8,361,140 8,361,140 8,361,140
Less Total Deductions 852,845   852,845 852,845
Total Taxable Value 7,508,295 7,508,295 7,508,295 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
7,648,775 7,508,295 7,648,775 7,508,295


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
140,480 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
7,648,775 7,508,295 7,648,775 7,508,295

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

116/Hunt

116-909/Wolfe City ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 30,596,456 .9330 32,793,629 30,596,456
B. Multi-Family Residences 2,597,636 N/A 2,597,636 2,597,636
C1. Vacant Lots 1,352,261 N/A 1,352,261 1,352,261
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,882,120 .9744 3,983,927 3,882,120
D2. Real Prop Farm & Ranch 4,789,282 N/A 4,789,282 4,789,282
E. Real Prop NonQual Acres 77,948,569 .9675 80,566,996 77,948,569
F1. Commercial Real 6,430,726 .8668 7,418,927 6,430,726
F2. Industrial Real 1,306,864 N/A 1,306,864 1,306,864
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,047,380 1.2453 5,659,183 7,047,380
L1. Commercial Personal 2,803,891 N/A 2,803,891 2,803,891
L2. Industrial Personal 3,756,240 N/A 3,756,240 3,756,240
M. Other Personal 1,052,660 N/A 1,052,660 1,052,660
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 82,650 N/A 82,650 82,650
Subtotal 143,646,735 148,164,146 143,646,735
Less Total Deductions 32,321,995   34,426,894 32,321,995
Total Taxable Value 111,324,740 113,737,252 111,324,740 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
117,841,046 111,324,740 117,841,046 111,324,740


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,516,306 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
117,841,046 111,324,740 117,841,046 111,324,740

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

116-909/Wolfe City ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 31,228,106 .9343 33,425,279 31,228,106
B. Multi-Family Residences 2,597,636 N/A 2,597,636 2,597,636
C1. Vacant Lots 1,352,261 N/A 1,352,261 1,352,261
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,648,710 .9786 4,750,517 4,648,710
D2. Real Prop Farm & Ranch 5,039,066 N/A 5,039,066 5,039,066
E. Real Prop NonQual Acres 80,434,445 .9685 83,052,872 80,434,445
F1. Commercial Real 6,491,836 .8679 7,480,037 6,491,836
F2. Industrial Real 1,306,864 N/A 1,306,864 1,306,864
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 11,187,660 1.1417 9,799,463 11,187,660
L1. Commercial Personal 2,805,141 N/A 2,805,141 2,805,141
L2. Industrial Personal 3,780,840 N/A 3,780,840 3,780,840
M. Other Personal 1,052,660 N/A 1,052,660 1,052,660
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 82,650 N/A 82,650 82,650
Subtotal 152,007,875 156,525,286 152,007,875
Less Total Deductions 33,174,840   35,279,739 33,174,840
Total Taxable Value 118,833,035 121,245,547 118,833,035 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

116-909/Wolfe City 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
125,489,821 118,833,035 125,489,821 118,833,035


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,656,786 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
125,489,821 118,833,035 125,489,821 118,833,035

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