taxes Property Tax Assistance

2019 ISD Summary Worksheet

005-Archer

243-903/Iowa Park CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 89,010 N/A 89,010 89,010
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 0 N/A 0 0
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,361,550 N/A 1,361,550 1,361,550
D2. REAL PROP:FARM & RANCH 25,640 N/A 25,640 25,640
E. REAL PROP NONQUAL ACREAGE 324,750 N/A 324,750 324,750
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 0 N/A 0 0
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 0 N/A 0 0
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 1,800,950 0 1,800,950 1,800,950
Less Total Deductions 23,690 0 23,690 23,690
Total Taxable Value 1,777,260 0 1,777,260 1,777,260

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
1,777,260 1,777,260 1,777,260 1,777,260


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,777,260 1,777,260 1,777,260 1,777,260

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

243-Wichita

243-903/Iowa Park CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 393,016,284 0.9859 398,637,067 393,016,284
B. MULTIFAMILY RESIDENCES 4,777,498 N/A 4,777,498 4,777,498
C1. VACANT LOTS 4,717,662 N/A 4,717,662 4,717,662
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 10,201,334 0.8963 11,381,563 10,201,334
D2. REAL PROP:FARM & RANCH 2,570,315 N/A 2,570,315 2,570,315
E. REAL PROP NONQUAL ACREAGE 51,337,200 0.9494 54,073,309 51,337,200
F1. COMMERCIAL REAL 26,764,339 N/A 26,764,339 26,764,339
F2. INDUSTRIAL REAL 17,175,512 N/A 17,175,512 17,175,512
G. OIL,GAS,MINERALS 48,671,940 0.9936 48,985,447 48,671,940
J. UTILITIES 40,645,663 0.9626 42,224,873 40,645,663
L1. COMMERCIAL PERSONAL 22,644,928 N/A 22,644,928 22,644,928
L2. INDUSTRIAL PERSONAL 104,615,174 N/A 104,615,174 104,615,174
M. MOBILE HOMES 1,427,870 N/A 1,427,870 1,427,870
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 254,403 N/A 254,403 254,403
S. SPECIAL INVENTORY 22,158 N/A 22,158 22,158
Subtotal 728,842,280 0 740,272,118 728,842,280
Less Total Deductions 137,941,692 0 139,800,352 137,941,692
Total Taxable Value 590,900,588 0 600,471,766 590,900,588

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
615,323,637 590,900,588 615,323,637 590,900,588


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,423,049 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
615,323,637 590,900,588 615,323,637 590,900,588

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

243-903-02/Iowa Park CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 393,105,294 0.9859 398,726,077 393,105,294
B. MULTIFAMILY RESIDENCES 4,777,498 N/A 4,777,498 4,777,498
C1. VACANT LOTS 4,717,662 N/A 4,717,662 4,717,662
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,562,884 0.9074 12,743,113 11,562,884
D2. REAL PROP:FARM & RANCH 2,595,955 N/A 2,595,955 2,595,955
E. REAL PROP NONQUAL ACREAGE 51,661,950 0.9497 54,398,059 51,661,950
F1. COMMERCIAL REAL 26,764,339 N/A 26,764,339 26,764,339
F2. INDUSTRIAL REAL 17,175,512 N/A 17,175,512 17,175,512
G. OIL,GAS,MINERALS 48,671,940 0.9936 48,985,447 48,671,940
J. UTILITIES 40,645,663 0.9626 42,224,873 40,645,663
L1. COMMERCIAL PERSONAL 22,644,928 N/A 22,644,928 22,644,928
L2. INDUSTRIAL PERSONAL 104,615,174 N/A 104,615,174 104,615,174
M. MOBILE HOMES 1,427,870 N/A 1,427,870 1,427,870
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 254,403 N/A 254,403 254,403
S. SPECIAL INVENTORY 22,158 N/A 22,158 22,158
Subtotal 730,643,230 742,073,068 730,643,230
Less Total Deductions 137,965,382 139,824,042 137,965,382
Total Taxable Value 592,677,848 602,249,026 592,677,848

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
617,100,897 592,677,848 617,100,897 592,677,848


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
24,423,049 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
617,100,897 592,677,848 617,100,897 592,677,848

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