taxes Property Tax Assistance

2020 ISD Summary Worksheet

243-Wichita

243-905/Wichita Falls ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 3,214,013,671 N/A 3,214,013,671 3,214,013,671
B - MULTIFAMILY 250,407,600 N/A 250,407,600 250,407,600
C1 - VACANT LOTS 40,100,627 N/A 40,100,627 40,100,627
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,925,446 N/A 1,925,446 1,925,446
D2 - FARM & RANCH IMP 796,139 N/A 796,139 796,139
E - NON-AG LAND AND IMPROVEMENTS 17,513,432 N/A 17,513,432 17,513,432
F1 - COMMERCIAL REAL 1,030,020,434 N/A 1,030,020,434 1,030,020,434
F2 - INDUSTRIAL REAL 42,380,969 N/A 42,380,969 42,380,969
G - ALL MINERALS 1,407,120 N/A 1,407,120 1,407,120
J - ALL UTILITIES 228,578,369 N/A 228,578,369 228,578,369
L1 - COMMERCIAL PERSONAL 486,608,506 N/A 486,608,506 486,608,506
L2 - INDUSTRIAL PERSONAL 172,229,384 N/A 172,229,384 172,229,384
M1 - MOBILE HOMES 2,300,801 N/A 2,300,801 2,300,801
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,716,999 N/A 5,716,999 5,716,999
S - SPECIAL INVENTORY 31,239,520 N/A 31,239,520 31,239,520
Subtotal 5,525,239,017 0 5,525,239,017 5,525,239,017
Less Total Deductions 761,006,742 0 761,006,742 761,006,742
Total Taxable Value 4,764,232,275 0 4,764,232,275 4,764,232,275

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
4,913,309,062 4,764,232,275 4,913,309,062 4,764,232,275


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
149,076,787 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
4,913,309,062 4,764,232,275 4,913,309,062 4,764,232,275

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 3,214,013,671 N/A 3,214,013,671 3,214,013,671
B - MULTIFAMILY 250,407,600 N/A 250,407,600 250,407,600
C1 - VACANT LOTS 40,100,627 N/A 40,100,627 40,100,627
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,925,446 N/A 1,925,446 1,925,446
D2 - FARM & RANCH IMP 796,139 N/A 796,139 796,139
E - NON-AG LAND AND IMPROVEMENTS 17,513,432 N/A 17,513,432 17,513,432
F1 - COMMERCIAL REAL 1,030,020,434 N/A 1,030,020,434 1,030,020,434
F2 - INDUSTRIAL REAL 42,380,969 N/A 42,380,969 42,380,969
G - ALL MINERALS 1,407,120 N/A 1,407,120 1,407,120
J - ALL UTILITIES 228,578,369 N/A 228,578,369 228,578,369
L1 - COMMERCIAL PERSONAL 486,608,506 N/A 486,608,506 486,608,506
L2 - INDUSTRIAL PERSONAL 172,229,384 N/A 172,229,384 172,229,384
M1 - MOBILE HOMES 2,300,801 N/A 2,300,801 2,300,801
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,716,999 N/A 5,716,999 5,716,999
S - SPECIAL INVENTORY 31,239,520 N/A 31,239,520 31,239,520
Subtotal 5,525,239,017 5,525,239,017 5,525,239,017
Less Total Deductions 761,006,742 761,006,742 761,006,742
Total Taxable Value 4,764,232,275 4,764,232,275 4,764,232,275

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
4,913,309,062 4,764,232,275 4,913,309,062 4,764,232,275


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
149,076,787 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
4,913,309,062 4,764,232,275 4,913,309,062 4,764,232,275

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