taxes Property Tax Assistance

2022 ISD Summary Worksheet

243-Wichita/Wichita County

243-905/Wichita Falls ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 4,439,076,294 N/A 4,439,076,294 4,439,076,294
B - MULTIFAMILY 340,601,046 N/A 340,601,046 340,601,046
C1 - VACANT LOTS 45,586,469 N/A 45,586,469 45,586,469
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,873,871 N/A 1,873,871 1,873,871
D2 - FARM & RANCH IMP 836,775 N/A 836,775 836,775
E - NON-AG LAND AND IMPROVEMENTS 25,201,246 N/A 25,201,246 25,201,246
F1 - COMMERCIAL REAL 1,114,874,042 N/A 1,114,874,042 1,114,874,042
F2 - INDUSTRIAL REAL 48,982,601 N/A 48,982,601 48,982,601
G - ALL MINERALS 1,474,470 N/A 1,474,470 1,474,470
J - ALL UTILITIES 268,405,813 N/A 268,405,813 268,405,813
L1 - COMMERCIAL PERSONAL 503,701,648 N/A 503,701,648 503,701,648
L2 - INDUSTRIAL PERSONAL 177,595,351 N/A 177,595,351 177,595,351
M1 - MOBILE HOMES 4,625,095 N/A 4,625,095 4,625,095
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,328,799 N/A 8,328,799 8,328,799
S - SPECIAL INVENTORY 37,727,380 N/A 37,727,380 37,727,380
Subtotal 7,018,890,900 0 7,018,890,900 7,018,890,900
Less Total Deductions 1,537,737,885 0 1,537,737,885 1,537,737,885
Total Taxable Value 5,481,153,015 0 5,481,153,015 5,481,153,015

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 T13
5,706,274,200 5,481,153,015 5,706,274,200 5,481,153,015 5,877,524,200


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
225,121,185 0 171,250,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
5,706,274,200 5,481,153,015 5,706,274,200 5,481,153,015 5,877,524,200

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 4,439,076,294 N/A 4,439,076,294 4,439,076,294
B - MULTIFAMILY 340,601,046 N/A 340,601,046 340,601,046
C1 - VACANT LOTS 45,586,469 N/A 45,586,469 45,586,469
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,873,871 N/A 1,873,871 1,873,871
D2 - FARM & RANCH IMP 836,775 N/A 836,775 836,775
E - NON-AG LAND AND IMPROVEMENTS 25,201,246 N/A 25,201,246 25,201,246
F1 - COMMERCIAL REAL 1,114,874,042 N/A 1,114,874,042 1,114,874,042
F2 - INDUSTRIAL REAL 48,982,601 N/A 48,982,601 48,982,601
G - ALL MINERALS 1,474,470 N/A 1,474,470 1,474,470
J - ALL UTILITIES 268,405,813 N/A 268,405,813 268,405,813
L1 - COMMERCIAL PERSONAL 503,701,648 N/A 503,701,648 503,701,648
L2 - INDUSTRIAL PERSONAL 177,595,351 N/A 177,595,351 177,595,351
M1 - MOBILE HOMES 4,625,095 N/A 4,625,095 4,625,095
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,328,799 N/A 8,328,799 8,328,799
S - SPECIAL INVENTORY 37,727,380 N/A 37,727,380 37,727,380
Subtotal 7,018,890,900 7,018,890,900 7,018,890,900
Less Total Deductions 1,537,737,885 1,537,737,885 1,537,737,885
Total Taxable Value 5,481,153,015 5,481,153,015 5,481,153,015

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 T13
5,706,274,200 5,481,153,015 5,706,274,200 5,481,153,015 5,877,524,200


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
225,121,185 0 171,250,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
5,706,274,200 5,481,153,015 5,706,274,200 5,481,153,015 5,877,524,200

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement