Property values throughout Wharton County rose significantly over the last year, according to data released by the Central Appraisal District. The only loss was recorded by the Wharton Independent School District.

The City of Wharton’s values jumped about $38 million from about $405 million to $442 million with about $2.2 million in new values.

Wharton County’s overall values leaped $287.9 million with $40.5 million in new taxable value. That’s in comparison to a $170 million loss last year.

The City of East Bernard also saw a roughly $22 million jump in values with $3.2 million in new development.

City of El Campo’s overall property values are up $75.4 million or 10 percent from last year from about $589.9 million to $655.2 million. In addition to that gain, there has been about $3.2 million in new development within the city limits.

The certified property values released by the Wharton County Central Appraisal District are used by the tax assessor-collector’s office to determine effective tax rates – the levy needed to bring in the same revenue as last year based on the same tax – for the county’s 22 taxing entities.

Generally, as property tax values go up, tax levies go down. However, this does not necessarily mean a homeowner would be paying less. With increased property values an individual homeowner’s bill could still wind up being more. For example: If a home is valued at $100,000, that homeowner would pay a $100 on a 10-cent levy. If the levy drops to 8 percent, the bill would, in theory, drop to $80. If the home value goes up to $125,000, however, the bill remains the same.

School districts

El Campo ISD will see an almost $109 million or 8.4 percent gain in property values this tax season along with about $9.8 million in new taxable development.

In Louise, values are up about $13 million with about $5.4 million in new development.

Boling ISD property values are up $35 million, East Bernard $37.6 million and in Wharton ISD, values dipped around $2 million, although $13.8 million in new taxable development could offset the loss.

Wharton County Junior College’s taxing base rose $238 million from $3.92 billion to $4.16 billion. New taxable value of about $40.6 million was recorded by the CAD.

Other districts to note

ESD No. 1 (funding all eight volunteer fire departments in the county) rose from $3.9 billion to almost $4.1 billion while ESD No. 4 (funding EMS in West Wharton County) saw a gain as well from $1.57 billion in overall property values to $1.7 billion.

The West Wharton County Hospital District’s values fell from about $1.621 billion to $1.615 billion.

The Louise water district’s property values went up from $45.6 million to $49.4 million while the Isaacson Municipal Utility District’s values rose from $11.9 million to $12.2 million, according to CAD figures.

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