taxes Property Tax Assistance

2021 ISD Summary Worksheet

249-Wise /Wise County

249-904/Chico ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 227,346,893 1.0021 226,870,465 227,346,893
B - MULTIFAMILY 307,400 N/A 307,400 307,400
C1 - VACANT LOTS 28,140,474 N/A 28,140,474 28,140,474
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,415,809 1.5560 2,195,203 3,415,809
D2 - FARM & RANCH IMP 2,115,140 N/A 2,115,140 2,115,140
E - NON-AG LAND AND IMPROVEMENTS 149,539,537 1.0612 140,915,508 149,539,537
F1 - COMMERCIAL REAL 38,517,326 0.8624 44,662,948 38,517,326
F2 - INDUSTRIAL REAL 38,031,717 N/A 38,031,717 38,031,717
G - ALL MINERALS 20,964,677 1.0635 19,712,907 20,964,677
J - ALL UTILITIES 58,117,136 0.8795 66,079,745 58,117,136
L1 - COMMERCIAL PERSONAL 42,526,285 0.9948 42,748,578 42,526,285
L2 - INDUSTRIAL PERSONAL 210,853,733 N/A 210,853,733 210,853,733
M1 - MOBILE HOMES 5,413,020 N/A 5,413,020 5,413,020
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 227,130 N/A 227,130 227,130
S - SPECIAL INVENTORY 4,660 N/A 4,660 4,660
Subtotal 825,520,937 0 828,278,628 825,520,937
Less Total Deductions 65,974,519 0 65,803,492 65,974,519
Total Taxable Value 759,546,418 0 762,475,136 759,546,418

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
766,881,521 759,546,418 766,881,521 759,546,418


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,335,103 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
766,881,521 759,546,418 766,881,521 759,546,418

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

249-904-02/Chico ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 227,346,893 1.0021 226,870,465 227,346,893
B - MULTIFAMILY 307,400 N/A 307,400 307,400
C1 - VACANT LOTS 28,140,474 N/A 28,140,474 28,140,474
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,415,809 1.5560 2,195,203 3,415,809
D2 - FARM & RANCH IMP 2,115,140 N/A 2,115,140 2,115,140
E - NON-AG LAND AND IMPROVEMENTS 149,539,537 1.0612 140,915,508 149,539,537
F1 - COMMERCIAL REAL 38,517,326 0.8624 44,662,948 38,517,326
F2 - INDUSTRIAL REAL 38,031,717 N/A 38,031,717 38,031,717
G - ALL MINERALS 20,964,677 1.0635 19,712,907 20,964,677
J - ALL UTILITIES 58,117,136 0.8795 66,079,745 58,117,136
L1 - COMMERCIAL PERSONAL 42,526,285 0.9948 42,748,578 42,526,285
L2 - INDUSTRIAL PERSONAL 210,853,733 N/A 210,853,733 210,853,733
M1 - MOBILE HOMES 5,413,020 N/A 5,413,020 5,413,020
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 227,130 N/A 227,130 227,130
S - SPECIAL INVENTORY 4,660 N/A 4,660 4,660
Subtotal 825,520,937 828,278,628 825,520,937
Less Total Deductions 65,974,519 65,803,492 65,974,519
Total Taxable Value 759,546,418 762,475,136 759,546,418

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
766,881,521 759,546,418 766,881,521 759,546,418


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,335,103 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
766,881,521 759,546,418 766,881,521 759,546,418

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