taxes Property Tax Assistance

2016 ISD Summary Worksheet

005/Archer

243-903/Iowa Park CISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 700,800 N/A 700,800 700,800
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 10,000 N/A 10,000 10,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,297,630 N/A 1,297,630 1,297,630
D2. Real Prop Farm & Ranch 26,680 N/A 26,680 26,680
E. Real Prop NonQual Acres 318,080 N/A 318,080 318,080
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 840,660 N/A 840,660 840,660
G. Oil, Gas, Minerals 1,804,670 N/A 1,804,670 1,804,670
J. Utilities 205,430 N/A 205,430 205,430
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 5,350 N/A 5,350 5,350
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 5,209,300 5,209,300 5,209,300
Less Total Deductions 80,460   80,460 80,460
Total Taxable Value 5,128,840 5,128,840 5,128,840 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
5,128,840 5,128,840 5,128,840 5,128,840


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
5,128,840 5,128,840 5,128,840 5,128,840

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 344,894,949 N/A 344,894,949 344,894,949
B. Multi-Family Residences 4,563,350 N/A 4,563,350 4,563,350
C1. Vacant Lots 3,153,922 N/A 3,153,922 3,153,922
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,044,575 N/A 10,044,575 10,044,575
D2. Real Prop Farm & Ranch 2,400,831 N/A 2,400,831 2,400,831
E. Real Prop NonQual Acres 47,982,920 N/A 47,982,920 47,982,920
F1. Commercial Real 24,632,146 N/A 24,632,146 24,632,146
F2. Industrial Real 16,003,165 N/A 16,003,165 16,003,165
G. Oil, Gas, Minerals 43,287,720 N/A 43,287,720 43,287,720
J. Utilities 35,932,625 N/A 35,932,625 35,932,625
L1. Commercial Personal 25,238,394 N/A 25,238,394 25,238,394
L2. Industrial Personal 85,845,720 N/A 85,845,720 85,845,720
M. Other Personal 1,453,367 N/A 1,453,367 1,453,367
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 253,219 N/A 253,219 253,219
S. Special Inventory 261,624 N/A 261,624 261,624
Subtotal 645,948,527 645,948,527 645,948,527
Less Total Deductions 120,450,551   120,450,551 120,450,551
Total Taxable Value 525,497,976 525,497,976 525,497,976 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
549,759,984 525,497,976 549,759,984 525,497,976


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,262,008 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
549,759,984 525,497,976 549,759,984 525,497,976

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/Iowa Park CISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 345,595,749 N/A 345,595,749 345,595,749
B. Multi-Family Residences 4,563,350 N/A 4,563,350 4,563,350
C1. Vacant Lots 3,163,922 N/A 3,163,922 3,163,922
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,342,205 N/A 11,342,205 11,342,205
D2. Real Prop Farm & Ranch 2,427,511 N/A 2,427,511 2,427,511
E. Real Prop NonQual Acres 48,301,000 N/A 48,301,000 48,301,000
F1. Commercial Real 24,632,146 N/A 24,632,146 24,632,146
F2. Industrial Real 16,843,825 N/A 16,843,825 16,843,825
G. Oil, Gas, Minerals 45,092,390 N/A 45,092,390 45,092,390
J. Utilities 36,138,055 N/A 36,138,055 36,138,055
L1. Commercial Personal 25,238,394 N/A 25,238,394 25,238,394
L2. Industrial Personal 85,845,720 N/A 85,845,720 85,845,720
M. Other Personal 1,458,717 N/A 1,458,717 1,458,717
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 253,219 N/A 253,219 253,219
S. Special Inventory 261,624 N/A 261,624 261,624
Subtotal 651,157,827 651,157,827 651,157,827
Less Total Deductions 120,531,011   120,531,011 120,531,011
Total Taxable Value 530,626,816 530,626,816 530,626,816 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