taxes Property Tax Assistance

2018 ISD Summary Worksheet

003/Angelina

037-909/Wells ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,547,820 N/A 1,547,820 1,547,820
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 115,240 N/A 115,240 115,240
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 307,766 N/A 307,766 307,766
D2. Real Prop Farm & Ranch 493,200 N/A 493,200 493,200
E. Real Prop NonQual Acres 1,517,050 N/A 1,517,050 1,517,050
F1. Commercial Real 604,280 N/A 604,280 604,280
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 421,017 N/A 421,017 421,017
J. Utilities 4,098,460 N/A 4,098,460 4,098,460
L1. Commercial Personal 825,660 N/A 825,660 825,660
L2. Industrial Personal 108,560 N/A 108,560 108,560
M. Other Personal 108,030 N/A 108,030 108,030
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 10,147,083 10,147,083 10,147,083
Less Total Deductions 1,361,061   1,361,061 1,361,061
Total Taxable Value 8,786,022 8,786,022 8,786,022 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
8,987,202 8,786,022 8,987,202 8,786,022


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
201,180 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
8,987,202 8,786,022 8,987,202 8,786,022

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

037/Cherokee

037-909/Wells ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 14,468,740 N/A 14,468,740 14,468,740
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 777,620 N/A 777,620 777,620
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,533,372 N/A 8,533,372 8,533,372
D2. Real Prop Farm & Ranch 1,339,000 N/A 1,339,000 1,339,000
E. Real Prop NonQual Acres 27,056,320 N/A 27,056,320 27,056,320
F1. Commercial Real 1,806,190 N/A 1,806,190 1,806,190
F2. Industrial Real 213,510 N/A 213,510 213,510
G. Oil, Gas, Minerals 6,927,128 N/A 6,927,128 6,927,128
J. Utilities 18,834,360 N/A 18,834,360 18,834,360
L1. Commercial Personal 1,513,283 N/A 1,513,283 1,513,283
L2. Industrial Personal 10,035,460 N/A 10,035,460 10,035,460
M. Other Personal 801,270 N/A 801,270 801,270
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 92,844,273 92,844,273 92,844,273
Less Total Deductions 13,815,502   13,815,502 13,815,502
Total Taxable Value 79,028,771 79,028,771 79,028,771 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
82,014,836 79,028,771 82,014,836 79,028,771


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,986,065 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
82,014,836 79,028,771 82,014,836 79,028,771

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

037-909/Wells ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 16,016,560 N/A 16,016,560 16,016,560
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 892,860 N/A 892,860 892,860
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,841,138 N/A 8,841,138 8,841,138
D2. Real Prop Farm & Ranch 1,832,200 N/A 1,832,200 1,832,200
E. Real Prop NonQual Acres 28,573,370 N/A 28,573,370 28,573,370
F1. Commercial Real 2,410,470 N/A 2,410,470 2,410,470
F2. Industrial Real 213,510 N/A 213,510 213,510
G. Oil, Gas, Minerals 7,348,145 N/A 7,348,145 7,348,145
J. Utilities 22,932,820 N/A 22,932,820 22,932,820
L1. Commercial Personal 2,338,943 N/A 2,338,943 2,338,943
L2. Industrial Personal 10,144,020 N/A 10,144,020 10,144,020
M. Other Personal 909,300 N/A 909,300 909,300
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 102,991,356 102,991,356 102,991,356
Less Total Deductions 15,176,563   15,176,563 15,176,563
Total Taxable Value 87,814,793 87,814,793 87,814,793 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

2018 ISD Summary Worksheet

037-909/Wells 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
91,002,038 87,814,793 91,002,038 87,814,793


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,187,245 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
91,002,038 87,814,793 91,002,038 87,814,793

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