taxes Property Tax Assistance

2017 ISD Summary Worksheet

243/Wichita

243-902/Electra ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 51,091,946 .9927 51,467,660 51,091,946
B. Multi-Family Residences 817,628 N/A 817,628 817,628
C1. Vacant Lots 621,464 N/A 621,464 621,464
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,448,653 .9880 13,611,773 13,448,653
D2. Real Prop Farm & Ranch 374,784 N/A 374,784 374,784
E. Real Prop NonQual Acres 10,706,324 N/A 10,706,324 10,706,324
F1. Commercial Real 5,141,514 N/A 5,141,514 5,141,514
F2. Industrial Real 2,114,263 N/A 2,114,263 2,114,263
G. Oil, Gas, Minerals 49,707,040 1.0088 49,273,434 49,707,040
J. Utilities 40,498,664 .9963 40,649,066 40,498,664
L1. Commercial Personal 10,165,377 1.1006 9,236,214 10,165,377
L2. Industrial Personal 1,733,234 N/A 1,733,234 1,733,234
M. Other Personal 288,759 N/A 288,759 288,759
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 186,709,650 186,036,117 186,709,650
Less Total Deductions 23,908,600   24,049,974 23,908,600
Total Taxable Value 162,801,050 161,986,143 162,801,050 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
167,663,712 162,801,050 167,663,712 162,801,050


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,862,662 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
167,663,712 162,801,050 167,663,712 162,801,050

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