taxes Property Tax Assistance

2018 ISD Summary Worksheet

243-Wichita

243-902/Electra ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 51,497,070 N/A 51,497,070 51,497,070
B. MULTIFAMILY RESIDENCES 821,628 N/A 821,628 821,628
C1. VACANT LOTS 610,244 N/A 610,244 610,244
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 13,355,268 N/A 13,355,268 13,355,268
D2. REAL PROP:FARM & RANCH 403,130 N/A 403,130 403,130
E. REAL PROP NONQUAL ACREAGE 10,832,525 N/A 10,832,525 10,832,525
F1. COMMERCIAL REAL 5,120,661 N/A 5,120,661 5,120,661
F2. INDUSTRIAL REAL 1,961,502 N/A 1,961,502 1,961,502
G. OIL,GAS,MINERALS 57,384,170 N/A 57,384,170 57,384,170
J. UTILITIES 40,518,424 N/A 40,518,424 40,518,424
L1. COMMERCIAL PERSONAL 11,716,362 N/A 11,716,362 11,716,362
L2. INDUSTRIAL PERSONAL 1,445,394 N/A 1,445,394 1,445,394
M. MOBILE HOMES 241,781 N/A 241,781 241,781
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 195,908,159 0 195,908,159 195,908,159
Less Total Deductions 24,133,729 0 24,133,729 24,133,729
Total Taxable Value 171,774,430 0 171,774,430 171,774,430

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
176,771,610 171,774,430 176,771,610 171,774,430


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,997,180 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
176,771,610 171,774,430 176,771,610 171,774,430

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 51,497,070 N/A 51,497,070 51,497,070
B. MULTIFAMILY RESIDENCES 821,628 N/A 821,628 821,628
C1. VACANT LOTS 610,244 N/A 610,244 610,244
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 13,355,268 N/A 13,355,268 13,355,268
D2. REAL PROP:FARM & RANCH 403,130 N/A 403,130 403,130
E. REAL PROP NONQUAL ACREAGE 10,832,525 N/A 10,832,525 10,832,525
F1. COMMERCIAL REAL 5,120,661 N/A 5,120,661 5,120,661
F2. INDUSTRIAL REAL 1,961,502 N/A 1,961,502 1,961,502
G. OIL,GAS,MINERALS 57,384,170 N/A 57,384,170 57,384,170
J. UTILITIES 40,518,424 N/A 40,518,424 40,518,424
L1. COMMERCIAL PERSONAL 11,716,362 N/A 11,716,362 11,716,362
L2. INDUSTRIAL PERSONAL 1,445,394 N/A 1,445,394 1,445,394
M. MOBILE HOMES 241,781 N/A 241,781 241,781
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 195,908,159 195,908,159 195,908,159
Less Total Deductions 24,133,729 24,133,729 24,133,729
Total Taxable Value 171,774,430 171,774,430 171,774,430

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
176,771,610 171,774,430 176,771,610 171,774,430


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,997,180 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
176,771,610 171,774,430 176,771,610 171,774,430

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