taxes Property Tax Assistance

2019 ISD Summary Worksheet

243-Wichita

243-905/Wichita Falls ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,041,288,208 0.9882 3,077,603,934 3,041,288,208
B. MULTIFAMILY RESIDENCES 245,117,409 N/A 245,117,409 245,117,409
C1. VACANT LOTS 44,154,374 N/A 44,154,374 44,154,374
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,916,202 0.8978 2,134,424 1,916,202
D2. REAL PROP:FARM & RANCH 734,010 N/A 734,010 734,010
E. REAL PROP NONQUAL ACREAGE 16,706,800 N/A 16,706,800 16,706,800
F1. COMMERCIAL REAL 1,009,027,363 0.9243 1,091,666,518 1,009,027,363
F2. INDUSTRIAL REAL 41,478,487 N/A 41,478,487 41,478,487
G. OIL,GAS,MINERALS 1,486,440 N/A 1,486,440 1,486,440
J. UTILITIES 204,509,724 N/A 204,509,724 204,509,724
L1. COMMERCIAL PERSONAL 508,712,517 1.0178 499,815,796 508,712,517
L2. INDUSTRIAL PERSONAL 167,073,032 N/A 167,073,032 167,073,032
M. MOBILE HOMES 1,871,012 N/A 1,871,012 1,871,012
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 7,471,137 N/A 7,471,137 7,471,137
S. SPECIAL INVENTORY 29,174,348 N/A 29,174,348 29,174,348
Subtotal 5,320,721,063 0 5,430,997,445 5,320,721,063
Less Total Deductions 704,390,499 0 715,147,448 704,390,499
Total Taxable Value 4,616,330,564 0 4,715,849,997 4,616,330,564

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
4,762,581,747 4,616,330,564 4,762,581,747 4,616,330,564


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
146,251,183 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
4,762,581,747 4,616,330,564 4,762,581,747 4,616,330,564

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

243-905-02/Wichita Falls ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,041,288,208 0.9882 3,077,603,934 3,041,288,208
B. MULTIFAMILY RESIDENCES 245,117,409 N/A 245,117,409 245,117,409
C1. VACANT LOTS 44,154,374 N/A 44,154,374 44,154,374
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,916,202 0.8978 2,134,424 1,916,202
D2. REAL PROP:FARM & RANCH 734,010 N/A 734,010 734,010
E. REAL PROP NONQUAL ACREAGE 16,706,800 N/A 16,706,800 16,706,800
F1. COMMERCIAL REAL 1,009,027,363 0.9243 1,091,666,518 1,009,027,363
F2. INDUSTRIAL REAL 41,478,487 N/A 41,478,487 41,478,487
G. OIL,GAS,MINERALS 1,486,440 N/A 1,486,440 1,486,440
J. UTILITIES 204,509,724 N/A 204,509,724 204,509,724
L1. COMMERCIAL PERSONAL 508,712,517 1.0178 499,815,796 508,712,517
L2. INDUSTRIAL PERSONAL 167,073,032 N/A 167,073,032 167,073,032
M. MOBILE HOMES 1,871,012 N/A 1,871,012 1,871,012
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 7,471,137 N/A 7,471,137 7,471,137
S. SPECIAL INVENTORY 29,174,348 N/A 29,174,348 29,174,348
Subtotal 5,320,721,063 5,430,997,445 5,320,721,063
Less Total Deductions 704,390,499 715,147,448 704,390,499
Total Taxable Value 4,616,330,564 4,715,849,997 4,616,330,564

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
4,762,581,747 4,616,330,564 4,762,581,747 4,616,330,564


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
146,251,183 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
4,762,581,747 4,616,330,564 4,762,581,747 4,616,330,564

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