taxes Property Tax Assistance

2021 ISD Summary Worksheet

243-Wichita /Wichita County

243-905/Wichita Falls ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,572,774,883 0.9944 3,592,895,096 3,572,774,883
B - MULTIFAMILY 281,445,147 0.9684 290,629,024 281,445,147
C1 - VACANT LOTS 44,424,644 N/A 44,424,644 44,424,644
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,901,869 1.1001 1,728,844 1,901,869
D2 - FARM & RANCH IMP 840,730 N/A 840,730 840,730
E - NON-AG LAND AND IMPROVEMENTS 20,177,207 N/A 20,177,207 20,177,207
F1 - COMMERCIAL REAL 1,030,756,211 0.9673 1,065,601,376 1,030,756,211
F2 - INDUSTRIAL REAL 43,608,418 N/A 43,608,418 43,608,418
G - ALL MINERALS 678,660 N/A 678,660 678,660
J - ALL UTILITIES 229,300,576 N/A 229,300,576 229,300,576
L1 - COMMERCIAL PERSONAL 471,698,478 1.0031 470,240,732 471,698,478
L2 - INDUSTRIAL PERSONAL 165,199,279 N/A 165,199,279 165,199,279
M1 - MOBILE HOMES 3,003,119 N/A 3,003,119 3,003,119
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,137,229 N/A 8,137,229 8,137,229
S - SPECIAL INVENTORY 31,764,413 N/A 31,764,413 31,764,413
Subtotal 5,905,710,863 0 5,968,229,347 5,905,710,863
Less Total Deductions 973,459,727 0 979,917,132 973,459,727
Total Taxable Value 4,932,251,136 0 4,988,312,215 4,932,251,136

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
5,085,238,522 4,932,251,136 5,085,238,522 4,932,251,136


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
152,987,386 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
5,085,238,522 4,932,251,136 5,085,238,522 4,932,251,136

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,572,774,883 0.9944 3,592,895,096 3,572,774,883
B - MULTIFAMILY 281,445,147 0.9684 290,629,024 281,445,147
C1 - VACANT LOTS 44,424,644 N/A 44,424,644 44,424,644
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,901,869 1.1001 1,728,844 1,901,869
D2 - FARM & RANCH IMP 840,730 N/A 840,730 840,730
E - NON-AG LAND AND IMPROVEMENTS 20,177,207 N/A 20,177,207 20,177,207
F1 - COMMERCIAL REAL 1,030,756,211 0.9673 1,065,601,376 1,030,756,211
F2 - INDUSTRIAL REAL 43,608,418 N/A 43,608,418 43,608,418
G - ALL MINERALS 678,660 N/A 678,660 678,660
J - ALL UTILITIES 229,300,576 N/A 229,300,576 229,300,576
L1 - COMMERCIAL PERSONAL 471,698,478 1.0031 470,240,732 471,698,478
L2 - INDUSTRIAL PERSONAL 165,199,279 N/A 165,199,279 165,199,279
M1 - MOBILE HOMES 3,003,119 N/A 3,003,119 3,003,119
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,137,229 N/A 8,137,229 8,137,229
S - SPECIAL INVENTORY 31,764,413 N/A 31,764,413 31,764,413
Subtotal 5,905,710,863 5,968,229,347 5,905,710,863
Less Total Deductions 973,459,727 979,917,132 973,459,727
Total Taxable Value 4,932,251,136 4,988,312,215 4,932,251,136

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
5,085,238,522 4,932,251,136 5,085,238,522 4,932,251,136


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
152,987,386 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
5,085,238,522 4,932,251,136 5,085,238,522 4,932,251,136

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