taxes Property Tax Assistance

2019 ISD Summary Worksheet

243-Wichita

243-903/Iowa Park CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 393,015,671 0.9859 398,636,445 393,015,671
B. MULTIFAMILY RESIDENCES 4,777,498 N/A 4,777,498 4,777,498
C1. VACANT LOTS 4,739,094 N/A 4,739,094 4,739,094
D1. QUALIFIED AG LAND 10,201,358 0.8968 11,375,736 10,201,358
D2. REAL PROP:FARM & RANCH 2,570,315 N/A 2,570,315 2,570,315
E. REAL PROP NONQUAL ACREAGE 51,336,749 0.9494 54,072,834 51,336,749
F1. COMMERCIAL REAL 26,843,325 N/A 26,843,325 26,843,325
F2. INDUSTRIAL REAL 17,175,512 N/A 17,175,512 17,175,512
G. OIL,GAS,MINERALS 48,674,090 0.9936 48,987,611 48,674,090
J. UTILITIES 40,645,663 0.9626 42,224,873 40,645,663
L1. COMMERCIAL PERSONAL 22,681,364 N/A 22,681,364 22,681,364
L2. INDUSTRIAL PERSONAL 104,615,174 N/A 104,615,174 104,615,174
M. MOBILE HOMES 1,427,870 N/A 1,427,870 1,427,870
O. RESIDENTIAL INVENTORY 254,403 N/A 254,403 254,403
S. SPECIAL INVENTORY 22,158 N/A 22,158 22,158
Subtotal 728,980,244 0 740,404,212 728,980,244
Less Total Deductions 135,177,518 0 137,007,557 135,177,518
Total Taxable Value 593,802,726 0 603,396,655 593,802,726

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
617,760,313 593,802,726 617,760,313 593,802,726


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,957,587 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
617,760,313 593,802,726 617,760,313 593,802,726

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

243-903-02/Iowa Park CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 393,015,671 0.9859 398,636,445 393,015,671
B. MULTIFAMILY RESIDENCES 4,777,498 N/A 4,777,498 4,777,498
C1. VACANT LOTS 4,739,094 N/A 4,739,094 4,739,094
D1. QUALIFIED AG LAND 10,201,358 0.8968 11,375,736 10,201,358
D2. REAL PROP:FARM & RANCH 2,570,315 N/A 2,570,315 2,570,315
E. REAL PROP NONQUAL ACREAGE 51,336,749 0.9494 54,072,834 51,336,749
F1. COMMERCIAL REAL 26,843,325 N/A 26,843,325 26,843,325
F2. INDUSTRIAL REAL 17,175,512 N/A 17,175,512 17,175,512
G. OIL,GAS,MINERALS 48,674,090 0.9936 48,987,611 48,674,090
J. UTILITIES 40,645,663 0.9626 42,224,873 40,645,663
L1. COMMERCIAL PERSONAL 22,681,364 N/A 22,681,364 22,681,364
L2. INDUSTRIAL PERSONAL 104,615,174 N/A 104,615,174 104,615,174
M. MOBILE HOMES 1,427,870 N/A 1,427,870 1,427,870
O. RESIDENTIAL INVENTORY 254,403 N/A 254,403 254,403
S. SPECIAL INVENTORY 22,158 N/A 22,158 22,158
Subtotal 728,980,244 740,404,212 728,980,244
Less Total Deductions 135,177,518 137,007,557 135,177,518
Total Taxable Value 593,802,726 603,396,655 593,802,726

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
617,760,313 593,802,726 617,760,313 593,802,726


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
23,957,587 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
617,760,313 593,802,726 617,760,313 593,802,726

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