taxes Property Tax Assistance

2017 ISD Summary Worksheet

090/Gray

242-903/Wheeler 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) 97,080 N/A 97,080 97,080
D2. Real Prop Farm & Ranch 250 N/A 250 250
E. Real Prop NonQual Acres 271,700 N/A 271,700 271,700
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 222,220 N/A 222,220 222,220
J. Utilities 764,930 N/A 764,930 764,930
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 3,190 N/A 3,190 3,190
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 1,359,370 1,359,370 1,359,370
Less Total Deductions 29,200   29,200 29,200
Total Taxable Value 1,330,170 1,330,170 1,330,170 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
1,330,170 1,330,170 1,330,170 1,330,170


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,330,170 1,330,170 1,330,170 1,330,170

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

242/Wheeler

242-903/Wheeler ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 37,753,520 .9400 40,163,319 37,753,520
B. Multi-Family Residences 1,298,280 N/A 1,298,280 1,298,280
C1. Vacant Lots 560,800 N/A 560,800 560,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,655,830 1.0771 6,179,558 6,655,830
D2. Real Prop Farm & Ranch 1,649,700 N/A 1,649,700 1,649,700
E. Real Prop NonQual Acres 19,290,850 .8913 21,643,498 19,290,850
F1. Commercial Real 13,118,250 N/A 13,118,250 13,118,250
F2. Industrial Real 3,183,360 N/A 3,183,360 3,183,360
G. Oil, Gas, Minerals 100,528,780 1.0119 99,346,556 100,528,780
J. Utilities 93,958,670 1.2884 72,926,630 93,958,670
L1. Commercial Personal 10,096,260 1.0160 9,937,264 10,096,260
L2. Industrial Personal 11,237,670 N/A 11,237,670 11,237,670
M. Other Personal 1,812,410 N/A 1,812,410 1,812,410
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 436,700 N/A 436,700 436,700
Subtotal 301,581,080 283,493,995 301,581,080
Less Total Deductions 18,775,455   19,753,623 18,775,455
Total Taxable Value 282,805,625 263,740,372 282,805,625 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
286,697,435 282,805,625 286,697,435 282,805,625


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,891,810 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
286,697,435 282,805,625 286,697,435 282,805,625

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

242-903/Wheeler ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 37,753,520 .9400 40,163,319 37,753,520
B. Multi-Family Residences 1,298,280 N/A 1,298,280 1,298,280
C1. Vacant Lots 560,800 N/A 560,800 560,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,752,910 1.0759 6,276,638 6,752,910
D2. Real Prop Farm & Ranch 1,649,950 N/A 1,649,950 1,649,950
E. Real Prop NonQual Acres 19,562,550 .8926 21,915,198 19,562,550
F1. Commercial Real 13,118,250 N/A 13,118,250 13,118,250
F2. Industrial Real 3,183,360 N/A 3,183,360 3,183,360
G. Oil, Gas, Minerals 100,751,000 1.0119 99,568,776 100,751,000
J. Utilities 94,723,600 1.2854 73,691,560 94,723,600
L1. Commercial Personal 10,096,260 1.0160 9,937,264 10,096,260
L2. Industrial Personal 11,240,860 N/A 11,240,860 11,240,860
M. Other Personal 1,812,410 N/A 1,812,410 1,812,410
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 436,700 N/A 436,700 436,700
Subtotal 302,940,450 284,853,365 302,940,450
Less Total Deductions 18,804,655   19,782,823 18,804,655
Total Taxable Value 284,135,795 265,070,542 284,135,795 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

242-903/Wheeler 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
288,027,605 284,135,795 288,027,605 284,135,795


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,891,810 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
288,027,605 284,135,795 288,027,605 284,135,795

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