taxes Property Tax Assistance

2019 ISD Summary Worksheet

243-Wichita

243-905/Wichita Falls ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,041,140,525 0.9882 3,077,454,488 3,041,140,525
B. MULTIFAMILY RESIDENCES 245,077,665 N/A 245,077,665 245,077,665
C1. VACANT LOTS 44,340,834 N/A 44,340,834 44,340,834
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,915,771 0.8963 2,137,501 1,915,771
D2. REAL PROP:FARM & RANCH 734,010 N/A 734,010 734,010
E. REAL PROP NONQUAL ACREAGE 16,876,706 N/A 16,876,706 16,876,706
F1. COMMERCIAL REAL 1,008,456,232 0.9243 1,091,048,612 1,008,456,232
F2. INDUSTRIAL REAL 41,478,487 N/A 41,478,487 41,478,487
G. OIL,GAS,MINERALS 1,486,440 N/A 1,486,440 1,486,440
J. UTILITIES 204,509,724 N/A 204,509,724 204,509,724
L1. COMMERCIAL PERSONAL 508,276,643 1.0178 499,387,545 508,276,643
L2. INDUSTRIAL PERSONAL 167,070,616 N/A 167,070,616 167,070,616
M. MOBILE HOMES 1,863,546 N/A 1,863,546 1,863,546
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 7,440,132 N/A 7,440,132 7,440,132
S. SPECIAL INVENTORY 29,174,348 N/A 29,174,348 29,174,348
Subtotal 5,319,841,679 0 5,430,080,654 5,319,841,679
Less Total Deductions 719,848,871 0 730,853,105 719,848,871
Total Taxable Value 4,599,992,808 0 4,699,227,549 4,599,992,808

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
4,749,027,295 4,599,992,808 4,749,027,295 4,599,992,808


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
149,034,487 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
4,749,027,295 4,599,992,808 4,749,027,295 4,599,992,808

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,041,140,525 0.9882 3,077,454,488 3,041,140,525
B. MULTIFAMILY RESIDENCES 245,077,665 N/A 245,077,665 245,077,665
C1. VACANT LOTS 44,340,834 N/A 44,340,834 44,340,834
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,915,771 0.8963 2,137,501 1,915,771
D2. REAL PROP:FARM & RANCH 734,010 N/A 734,010 734,010
E. REAL PROP NONQUAL ACREAGE 16,876,706 N/A 16,876,706 16,876,706
F1. COMMERCIAL REAL 1,008,456,232 0.9243 1,091,048,612 1,008,456,232
F2. INDUSTRIAL REAL 41,478,487 N/A 41,478,487 41,478,487
G. OIL,GAS,MINERALS 1,486,440 N/A 1,486,440 1,486,440
J. UTILITIES 204,509,724 N/A 204,509,724 204,509,724
L1. COMMERCIAL PERSONAL 508,276,643 1.0178 499,387,545 508,276,643
L2. INDUSTRIAL PERSONAL 167,070,616 N/A 167,070,616 167,070,616
M. MOBILE HOMES 1,863,546 N/A 1,863,546 1,863,546
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 7,440,132 N/A 7,440,132 7,440,132
S. SPECIAL INVENTORY 29,174,348 N/A 29,174,348 29,174,348
Subtotal 5,319,841,679 5,430,080,654 5,319,841,679
Less Total Deductions 719,848,871 730,853,105 719,848,871
Total Taxable Value 4,599,992,808 4,699,227,549 4,599,992,808

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
4,749,027,295 4,599,992,808 4,749,027,295 4,599,992,808


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
149,034,487 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
4,749,027,295 4,599,992,808 4,749,027,295 4,599,992,808

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