taxes Property Tax Assistance

2023 ISD Summary Worksheet

249-Wise/Wise County

249-904/Chico ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 404,658,809 1.0064 402,085,462 404,658,809
B - MULTIFAMILY 747,121 N/A 747,121 747,121
C1 - VACANT LOTS 43,236,433 N/A 43,236,433 43,236,433
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,195,050 2.3467 1,361,507 3,195,050
D2 - FARM & RANCH IMP 11,590,087 N/A 11,590,087 11,590,087
E - NON-AG LAND AND IMPROVEMENTS 233,373,683 1.0634 219,459,924 233,373,683
F1 - COMMERCIAL REAL 59,355,027 0.9864 60,173,385 59,355,027
F2 - INDUSTRIAL REAL 43,288,016 N/A 43,288,016 43,288,016
G - ALL MINERALS 52,234,557 1.0001 52,229,334 52,234,557
J - ALL UTILITIES 64,901,287 0.9524 68,144,988 64,901,287
L1 - COMMERCIAL PERSONAL 32,670,066 1.0500 31,114,349 32,670,066
L2 - INDUSTRIAL PERSONAL 322,042,832 N/A 322,042,832 322,042,832
M1 - MOBILE HOMES 12,837,013 N/A 12,837,013 12,837,013
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 453,182 N/A 453,182 453,182
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,284,583,163 0 1,268,763,633 1,284,583,163
Less Total Deductions 200,151,713 0 199,113,073 200,151,713
Total Taxable Value 1,084,431,450 0 1,069,650,560 1,084,431,450

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

Measure Value Description
T1 1,129,073,761 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,084,431,450 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,129,073,761 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,084,431,450 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,147,013,761 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,158,973,761 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,103,572,161 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,129,073,761 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,084,431,450 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,129,073,761 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,084,431,450 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,147,013,761 T13 plus the loss to the chapter 313 agreement
T16 1,158,973,761 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,103,572,161 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 44,642,311 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 17,940,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,960,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

249-904-02/Chico ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 404,658,809 1.0064 402,085,462 404,658,809
B - MULTIFAMILY 747,121 N/A 747,121 747,121
C1 - VACANT LOTS 43,236,433 N/A 43,236,433 43,236,433
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,195,050 2.3467 1,361,507 3,195,050
D2 - FARM & RANCH IMP 11,590,087 N/A 11,590,087 11,590,087
E - NON-AG LAND AND IMPROVEMENTS 233,373,683 1.0634 219,459,924 233,373,683
F1 - COMMERCIAL REAL 59,355,027 0.9864 60,173,385 59,355,027
F2 - INDUSTRIAL REAL 43,288,016 N/A 43,288,016 43,288,016
G - ALL MINERALS 52,234,557 1.0001 52,229,334 52,234,557
J - ALL UTILITIES 64,901,287 0.9524 68,144,988 64,901,287
L1 - COMMERCIAL PERSONAL 32,670,066 1.0500 31,114,349 32,670,066
L2 - INDUSTRIAL PERSONAL 322,042,832 N/A 322,042,832 322,042,832
M1 - MOBILE HOMES 12,837,013 N/A 12,837,013 12,837,013
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 453,182 N/A 453,182 453,182
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,284,583,163 1,268,763,633 1,284,583,163
Less Total Deductions 200,151,713 199,113,073 200,151,713
Total Taxable Value 1,084,431,450 1,069,650,560 1,084,431,450

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

Measure Value Description
T1 1,129,073,761 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,084,431,450 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,129,073,761 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,084,431,450 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,147,013,761 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,158,973,761 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,103,572,161 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,129,073,761 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,084,431,450 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,129,073,761 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,084,431,450 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,147,013,761 T13 plus the loss to the chapter 313 agreement
T16 1,158,973,761 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,103,572,161 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 44,642,311 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 17,940,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,960,000 Loss to Second Previous Homestead Increase