taxes Property Tax Assistance

2019 ISD Summary Worksheet

243-Wichita

243-902/Electra ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 54,734,023 0.9398 58,240,076 54,734,023
B. MULTIFAMILY RESIDENCES 220,628 N/A 220,628 220,628
C1. VACANT LOTS 1,227,304 N/A 1,227,304 1,227,304
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 13,427,896 0.9056 14,827,936 13,427,896
D2. REAL PROP:FARM & RANCH 490,159 N/A 490,159 490,159
E. REAL PROP NONQUAL ACREAGE 10,287,823 0.9602 10,714,250 10,287,823
F1. COMMERCIAL REAL 5,239,985 N/A 5,239,985 5,239,985
F2. INDUSTRIAL REAL 1,984,161 N/A 1,984,161 1,984,161
G. OIL,GAS,MINERALS 67,051,160 1.0011 66,977,485 67,051,160
J. UTILITIES 43,195,957 1.0388 41,582,554 43,195,957
L1. COMMERCIAL PERSONAL 9,356,837 1.0138 9,229,470 9,356,837
L2. INDUSTRIAL PERSONAL 1,030,285 N/A 1,030,285 1,030,285
M. MOBILE HOMES 245,643 N/A 245,643 245,643
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 208,491,861 0 212,009,936 208,491,861
Less Total Deductions 24,905,438 0 26,269,248 24,905,438
Total Taxable Value 183,586,423 0 185,740,688 183,586,423

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
188,748,604 183,586,423 188,748,604 183,586,423


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,162,181 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
188,748,604 183,586,423 188,748,604 183,586,423

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 54,734,023 0.9398 58,240,076 54,734,023
B. MULTIFAMILY RESIDENCES 220,628 N/A 220,628 220,628
C1. VACANT LOTS 1,227,304 N/A 1,227,304 1,227,304
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 13,427,896 0.9056 14,827,936 13,427,896
D2. REAL PROP:FARM & RANCH 490,159 N/A 490,159 490,159
E. REAL PROP NONQUAL ACREAGE 10,287,823 0.9602 10,714,250 10,287,823
F1. COMMERCIAL REAL 5,239,985 N/A 5,239,985 5,239,985
F2. INDUSTRIAL REAL 1,984,161 N/A 1,984,161 1,984,161
G. OIL,GAS,MINERALS 67,051,160 1.0011 66,977,485 67,051,160
J. UTILITIES 43,195,957 1.0388 41,582,554 43,195,957
L1. COMMERCIAL PERSONAL 9,356,837 1.0138 9,229,470 9,356,837
L2. INDUSTRIAL PERSONAL 1,030,285 N/A 1,030,285 1,030,285
M. MOBILE HOMES 245,643 N/A 245,643 245,643
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 208,491,861 212,009,936 208,491,861
Less Total Deductions 24,905,438 26,269,248 24,905,438
Total Taxable Value 183,586,423 185,740,688 183,586,423

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
188,748,604 183,586,423 188,748,604 183,586,423


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,162,181 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
188,748,604 183,586,423 188,748,604 183,586,423

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