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