taxes Property Tax Assistance

2017 ISD Summary Worksheet

241/Wharton

241-904/Wharton ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 377,543,088 .9541 395,705,993 377,543,088
B. Multi-Family Residences 24,938,801 N/A 24,938,801 24,938,801
C1. Vacant Lots 21,077,147 N/A 21,077,147 21,077,147
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 32,844,491 .8631 38,053,717 32,844,491
D2. Real Prop Farm & Ranch 221,311 N/A 221,311 221,311
E. Real Prop NonQual Acres 63,334,298 1.2707 49,842,054 63,334,298
F1. Commercial Real 109,414,515 1.0223 107,027,795 109,414,515
F2. Industrial Real 437,440,484 N/A 437,440,484 437,440,484
G. Oil, Gas, Minerals 37,570,663 .9966 37,698,839 37,570,663
J. Utilities 45,663,988 .9175 49,770,014 45,663,988
L1. Commercial Personal 62,455,915 1.0896 57,320,039 62,455,915
L2. Industrial Personal 76,639,342 N/A 76,639,342 76,639,342
M. Other Personal 1,421,592 N/A 1,421,592 1,421,592
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 326,180 N/A 326,180 326,180
S. Special Inventory 2,078,578 N/A 2,078,578 2,078,578
Subtotal 1,292,970,393 1,299,561,886 1,292,970,393
Less Total Deductions 142,716,290   149,521,218 142,716,290
Total Taxable Value 1,150,254,103 1,150,040,668 1,150,254,103 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
1,173,353,210 1,150,254,103 1,173,353,210 1,150,254,103


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,099,107 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
1,173,353,210 1,150,254,103 1,173,353,210 1,150,254,103

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