taxes Property Tax Assistance

2018 ISD Summary Worksheet

242/Wheeler

242-905/Kelton ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 95,310 N/A 95,310 95,310
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,390 N/A 1,390 1,390
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,211,060 N/A 5,211,060 5,211,060
D2. Real Prop Farm & Ranch 1,688,910 N/A 1,688,910 1,688,910
E. Real Prop NonQual Acres 7,261,760 N/A 7,261,760 7,261,760
F1. Commercial Real 57,020 N/A 57,020 57,020
F2. Industrial Real 114,269,900 N/A 114,269,900 114,269,900
G. Oil, Gas, Minerals 312,857,510 N/A 312,857,510 312,857,510
J. Utilities 167,810,620 N/A 167,810,620 167,810,620
L1. Commercial Personal 2,650,930 N/A 2,650,930 2,650,930
L2. Industrial Personal 3,326,690 N/A 3,326,690 3,326,690
M. Other Personal 260,110 N/A 260,110 260,110
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 615,491,210 615,491,210 615,491,210
Less Total Deductions 5,090,043   5,090,043 5,090,043
Total Taxable Value 610,401,167 610,401,167 610,401,167 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
610,725,337 610,401,167 610,725,337 610,401,167


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
324,170 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
610,725,337 610,401,167 610,725,337 610,401,167

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