taxes Property Tax Assistance

2018 ISD Summary Worksheet

243-Wichita

243-905/Wichita Falls ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,907,325,245 N/A 2,907,325,245 2,907,325,245
B. MULTIFAMILY RESIDENCES 220,401,409 N/A 220,401,409 220,401,409
C1. VACANT LOTS 42,871,124 N/A 42,871,124 42,871,124
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,946,399 N/A 1,946,399 1,946,399
D2. REAL PROP:FARM & RANCH 709,330 N/A 709,330 709,330
E. REAL PROP NONQUAL ACREAGE 17,604,022 N/A 17,604,022 17,604,022
F1. COMMERCIAL REAL 995,011,484 N/A 995,011,484 995,011,484
F2. INDUSTRIAL REAL 39,604,094 N/A 39,604,094 39,604,094
G. OIL,GAS,MINERALS 1,268,570 N/A 1,268,570 1,268,570
J. UTILITIES 174,721,059 N/A 174,721,059 174,721,059
L1. COMMERCIAL PERSONAL 489,896,683 N/A 489,896,683 489,896,683
L2. INDUSTRIAL PERSONAL 158,531,423 N/A 158,531,423 158,531,423
M. MOBILE HOMES 2,381,450 N/A 2,381,450 2,381,450
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 9,317,162 N/A 9,317,162 9,317,162
S. SPECIAL INVENTORY 29,554,372 N/A 29,554,372 29,554,372
Subtotal 5,091,143,826 0 5,091,143,826 5,091,143,826
Less Total Deductions 699,146,584 0 699,146,584 699,146,584
Total Taxable Value 4,391,997,242 0 4,391,997,242 4,391,997,242

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
4,539,577,194 4,391,997,242 4,539,577,194 4,391,997,242


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
147,579,952 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
4,539,577,194 4,391,997,242 4,539,577,194 4,391,997,242

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

243-905-02/Wichita Falls ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,907,325,245 N/A 2,907,325,245 2,907,325,245
B. MULTIFAMILY RESIDENCES 220,401,409 N/A 220,401,409 220,401,409
C1. VACANT LOTS 42,871,124 N/A 42,871,124 42,871,124
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,946,399 N/A 1,946,399 1,946,399
D2. REAL PROP:FARM & RANCH 709,330 N/A 709,330 709,330
E. REAL PROP NONQUAL ACREAGE 17,604,022 N/A 17,604,022 17,604,022
F1. COMMERCIAL REAL 995,011,484 N/A 995,011,484 995,011,484
F2. INDUSTRIAL REAL 39,604,094 N/A 39,604,094 39,604,094
G. OIL,GAS,MINERALS 1,268,570 N/A 1,268,570 1,268,570
J. UTILITIES 174,721,059 N/A 174,721,059 174,721,059
L1. COMMERCIAL PERSONAL 489,896,683 N/A 489,896,683 489,896,683
L2. INDUSTRIAL PERSONAL 158,531,423 N/A 158,531,423 158,531,423
M. MOBILE HOMES 2,381,450 N/A 2,381,450 2,381,450
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 9,317,162 N/A 9,317,162 9,317,162
S. SPECIAL INVENTORY 29,554,372 N/A 29,554,372 29,554,372
Subtotal 5,091,143,826 5,091,143,826 5,091,143,826
Less Total Deductions 699,146,584 699,146,584 699,146,584
Total Taxable Value 4,391,997,242 4,391,997,242 4,391,997,242

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
4,539,577,194 4,391,997,242 4,539,577,194 4,391,997,242


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
147,579,952 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
4,539,577,194 4,391,997,242 4,539,577,194 4,391,997,242

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