taxes Property Tax Assistance

2020 ISD Summary Worksheet

243-Wichita

243-902/Electra ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 56,591,838 N/A 56,591,838 56,591,838
B - MULTIFAMILY 224,628 N/A 224,628 224,628
C1 - VACANT LOTS 749,211 N/A 749,211 749,211
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,614,406 N/A 13,614,406 13,614,406
D2 - FARM & RANCH IMP 523,603 N/A 523,603 523,603
E - NON-AG LAND AND IMPROVEMENTS 10,765,279 N/A 10,765,279 10,765,279
F1 - COMMERCIAL REAL 5,172,827 N/A 5,172,827 5,172,827
F2 - INDUSTRIAL REAL 1,994,006 N/A 1,994,006 1,994,006
G - ALL MINERALS 58,115,450 N/A 58,115,450 58,115,450
J - ALL UTILITIES 48,010,856 N/A 48,010,856 48,010,856
L1 - COMMERCIAL PERSONAL 9,391,524 N/A 9,391,524 9,391,524
L2 - INDUSTRIAL PERSONAL 850,245 N/A 850,245 850,245
M1 - MOBILE HOMES 240,515 N/A 240,515 240,515
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,157 N/A 5,157 5,157
Subtotal 206,249,545 0 206,249,545 206,249,545
Less Total Deductions 23,222,847 0 23,222,847 23,222,847
Total Taxable Value 183,026,698 0 183,026,698 183,026,698

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
188,147,803 183,026,698 188,147,803 183,026,698


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,121,105 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
188,147,803 183,026,698 188,147,803 183,026,698

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

243-902-02/Electra ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 56,591,838 N/A 56,591,838 56,591,838
B - MULTIFAMILY 224,628 N/A 224,628 224,628
C1 - VACANT LOTS 749,211 N/A 749,211 749,211
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,614,406 N/A 13,614,406 13,614,406
D2 - FARM & RANCH IMP 523,603 N/A 523,603 523,603
E - NON-AG LAND AND IMPROVEMENTS 10,765,279 N/A 10,765,279 10,765,279
F1 - COMMERCIAL REAL 5,172,827 N/A 5,172,827 5,172,827
F2 - INDUSTRIAL REAL 1,994,006 N/A 1,994,006 1,994,006
G - ALL MINERALS 58,115,450 N/A 58,115,450 58,115,450
J - ALL UTILITIES 48,010,856 N/A 48,010,856 48,010,856
L1 - COMMERCIAL PERSONAL 9,391,524 N/A 9,391,524 9,391,524
L2 - INDUSTRIAL PERSONAL 850,245 N/A 850,245 850,245
M1 - MOBILE HOMES 240,515 N/A 240,515 240,515
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,157 N/A 5,157 5,157
Subtotal 206,249,545 206,249,545 206,249,545
Less Total Deductions 23,222,847 23,222,847 23,222,847
Total Taxable Value 183,026,698 183,026,698 183,026,698

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
188,147,803 183,026,698 188,147,803 183,026,698


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,121,105 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
188,147,803 183,026,698 188,147,803 183,026,698

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