taxes Property Tax Assistance

2018 ISD Summary Worksheet

038/Childress

044-902/Wellington ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 29,416 N/A 29,416 29,416
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) 10,437,820 .9166 11,387,707 10,437,820
D2. Real Prop Farm & Ranch 404,085 N/A 404,085 404,085
E. Real Prop NonQual Acres 1,596,325 1.0172 1,569,332 1,596,325
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,056,980 .9664 9,371,875 9,056,980
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 11,097 N/A 11,097 11,097
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 21,535,723 22,773,512 21,535,723
Less Total Deductions 94,901   94,901 94,901
Total Taxable Value 21,440,822 22,678,611 21,440,822 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
21,461,492 21,440,822 21,461,492 21,440,822


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,670 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
21,461,492 21,440,822 21,461,492 21,440,822

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 invalid, but local value was certified because your school district is in year one of the grace period.

044/Collingsworth

044-902/Wellington ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 41,092,760 .8690 47,287,411 41,092,760
B. Multi-Family Residences 384,630 N/A 384,630 384,630
C1. Vacant Lots 954,950 N/A 954,950 954,950
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,798,760 .7914 43,968,966 34,798,760
D2. Real Prop Farm & Ranch 6,469,890 N/A 6,469,890 6,469,890
E. Real Prop NonQual Acres 18,247,090 .9905 18,422,100 18,247,090
F1. Commercial Real 10,527,480 .6735 15,631,002 10,527,480
F2. Industrial Real 3,348,050 N/A 3,348,050 3,348,050
G. Oil, Gas, Minerals 3,400,340 N/A 3,400,340 3,400,340
J. Utilities 49,939,770 .9664 51,676,087 49,939,770
L1. Commercial Personal 9,143,740 N/A 9,143,740 9,143,740
L2. Industrial Personal 1,304,260 N/A 1,304,260 1,304,260
M. Other Personal 341,420 N/A 341,420 341,420
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 179,953,140 202,332,846 179,953,140
Less Total Deductions 23,171,923   25,115,108 23,171,923
Total Taxable Value 156,781,217 177,217,738 156,781,217 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
162,062,497 156,781,217 162,062,497 156,781,217


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,281,280 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
162,062,497 156,781,217 162,062,497 156,781,217

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 invalid, but local value was certified because your school district is in year two of the grace period.

044-902/Wellington ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 41,122,176 .8691 47,316,827 41,122,176
B. Multi-Family Residences 384,630 N/A 384,630 384,630
C1. Vacant Lots 954,950 N/A 954,950 954,950
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 45,236,580 .8172 55,356,673 45,236,580
D2. Real Prop Farm & Ranch 6,873,975 N/A 6,873,975 6,873,975
E. Real Prop NonQual Acres 19,843,415 .9926 19,991,432 19,843,415
F1. Commercial Real 10,527,480 .6735 15,631,002 10,527,480
F2. Industrial Real 3,348,050 N/A 3,348,050 3,348,050
G. Oil, Gas, Minerals 3,400,340 N/A 3,400,340 3,400,340
J. Utilities 58,996,750 .9664 61,047,962 58,996,750
L1. Commercial Personal 9,143,740 N/A 9,143,740 9,143,740
L2. Industrial Personal 1,304,260 N/A 1,304,260 1,304,260
M. Other Personal 352,517 N/A 352,517 352,517
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 201,488,863 225,106,358 201,488,863
Less Total Deductions 23,266,824   25,210,009 23,266,824
Total Taxable Value 178,222,039 199,896,349 178,222,039 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

044-902/Wellington 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
183,523,989 178,222,039 183,523,989 178,222,039


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,301,950 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
183,523,989 178,222,039 183,523,989 178,222,039

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