taxes Property Tax Assistance

2021 ISD Summary Worksheet

243-Wichita /Wichita County

243-902/Electra ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	62,815,681	0.8990	69,872,838	62,815,681
B - MULTIFAMILY	224,628	N/A	224,628	224,628
C1 - VACANT LOTS	822,745	N/A	822,745	822,745
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,798,956	1.0963	12,587,041	13,798,956
D2 - FARM & RANCH IMP	603,454	N/A	603,454	603,454
E - NON-AG LAND AND IMPROVEMENTS	11,441,232	1.0913	10,484,039	11,441,232
F1 - COMMERCIAL REAL	5,188,594	N/A	5,188,594	5,188,594
F2 - INDUSTRIAL REAL	2,013,827	N/A	2,013,827	2,013,827
G - ALL MINERALS	34,323,160	0.9786	35,073,738	34,323,160
J - ALL UTILITIES	48,240,474	0.9509	50,731,385	48,240,474
L1 - COMMERCIAL PERSONAL	8,645,195	N/A	8,645,195	8,645,195
L2 - INDUSTRIAL PERSONAL	679,309	N/A	679,309	679,309
M1 - MOBILE HOMES	351,039	N/A	351,039	351,039
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	189,148,294	0	197,277,832	189,148,294
Less Total Deductions	27,038,268	0	29,699,775	27,038,268
Total Taxable Value	162,110,026	0	167,578,057	162,110,026

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
167,403,589	162,110,026	167,403,589	162,110,026

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,293,563	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
167,403,589	162,110,026	167,403,589	162,110,026

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

243-902-02/Electra ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	62,815,681	0.8990	69,872,838	62,815,681
B - MULTIFAMILY	224,628	N/A	224,628	224,628
C1 - VACANT LOTS	822,745	N/A	822,745	822,745
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,798,956	1.0963	12,587,041	13,798,956
D2 - FARM & RANCH IMP	603,454	N/A	603,454	603,454
E - NON-AG LAND AND IMPROVEMENTS	11,441,232	1.0913	10,484,039	11,441,232
F1 - COMMERCIAL REAL	5,188,594	N/A	5,188,594	5,188,594
F2 - INDUSTRIAL REAL	2,013,827	N/A	2,013,827	2,013,827
G - ALL MINERALS	34,323,160	0.9786	35,073,738	34,323,160
J - ALL UTILITIES	48,240,474	0.9509	50,731,385	48,240,474
L1 - COMMERCIAL PERSONAL	8,645,195	N/A	8,645,195	8,645,195
L2 - INDUSTRIAL PERSONAL	679,309	N/A	679,309	679,309
M1 - MOBILE HOMES	351,039	N/A	351,039	351,039
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	189,148,294		197,277,832	189,148,294
Less Total Deductions	27,038,268		29,699,775	27,038,268
Total Taxable Value	162,110,026		167,578,057	162,110,026

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
167,403,589	162,110,026	167,403,589	162,110,026

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,293,563	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
167,403,589	162,110,026	167,403,589	162,110,026

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