taxes Property Tax Assistance

2017 ISD Summary Worksheet

241/Wharton

241-906/Louise ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 71,509,565 .9836 72,701,876 71,509,565
B. Multi-Family Residences 8,222 N/A 8,222 8,222
C1. Vacant Lots 5,099,096 N/A 5,099,096 5,099,096
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,724,637 .8459 45,779,354 38,724,637
D2. Real Prop Farm & Ranch 317,805 N/A 317,805 317,805
E. Real Prop NonQual Acres 54,350,105 .9792 55,504,601 54,350,105
F1. Commercial Real 21,957,171 .9994 21,970,353 21,957,171
F2. Industrial Real 1,024,899 N/A 1,024,899 1,024,899
G. Oil, Gas, Minerals 5,627,625 N/A 5,627,625 5,627,625
J. Utilities 45,347,313 .9177 49,414,093 45,347,313
L1. Commercial Personal 25,367,528 1.1187 22,675,899 25,367,528
L2. Industrial Personal 22,111,875 N/A 22,111,875 22,111,875
M. Other Personal 222,733 N/A 222,733 222,733
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 575,169 N/A 575,169 575,169
Subtotal 292,243,743 303,033,600 292,243,743
Less Total Deductions 30,236,576   30,682,735 30,236,576
Total Taxable Value 262,007,167 272,350,865 262,007,167 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
267,666,242 262,007,167 267,666,242 262,007,167


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,659,075 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
267,666,242 262,007,167 267,666,242 262,007,167

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