taxes Property Tax Assistance

2022 ISD Summary Worksheet

249-Wise/Wise County

249-904/Chico ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 281,161,418 N/A 281,161,418 281,161,418
B - MULTIFAMILY 300,000 N/A 300,000 300,000
C1 - VACANT LOTS 31,992,678 N/A 31,992,678 31,992,678
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 473,353 N/A 473,353 473,353
D2 - FARM & RANCH IMP 2,573,145 N/A 2,573,145 2,573,145
E - NON-AG LAND AND IMPROVEMENTS 190,037,370 N/A 190,037,370 190,037,370
F1 - COMMERCIAL REAL 47,620,387 N/A 47,620,387 47,620,387
F2 - INDUSTRIAL REAL 41,919,819 N/A 41,919,819 41,919,819
G - ALL MINERALS 49,195,329 N/A 49,195,329 49,195,329
J - ALL UTILITIES 59,321,578 N/A 59,321,578 59,321,578
L1 - COMMERCIAL PERSONAL 46,990,024 N/A 46,990,024 46,990,024
L2 - INDUSTRIAL PERSONAL 310,749,339 N/A 310,749,339 310,749,339
M1 - MOBILE HOMES 9,786,027 N/A 9,786,027 9,786,027
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 397,923 N/A 397,923 397,923
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,072,518,390 0 1,072,518,390 1,072,518,390
Less Total Deductions 100,233,686 0 100,233,686 100,233,686
Total Taxable Value 972,284,704 0 972,284,704 972,284,704

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
981,206,935 972,284,704 981,206,935 972,284,704 992,756,935


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
8,922,231 0 11,550,000


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
981,206,935 972,284,704 981,206,935 972,284,704 992,756,935

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

249-904-02/Chico ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 281,161,418 N/A 281,161,418 281,161,418
B - MULTIFAMILY 300,000 N/A 300,000 300,000
C1 - VACANT LOTS 31,992,678 N/A 31,992,678 31,992,678
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 473,353 N/A 473,353 473,353
D2 - FARM & RANCH IMP 2,573,145 N/A 2,573,145 2,573,145
E - NON-AG LAND AND IMPROVEMENTS 190,037,370 N/A 190,037,370 190,037,370
F1 - COMMERCIAL REAL 47,620,387 N/A 47,620,387 47,620,387
F2 - INDUSTRIAL REAL 41,919,819 N/A 41,919,819 41,919,819
G - ALL MINERALS 49,195,329 N/A 49,195,329 49,195,329
J - ALL UTILITIES 59,321,578 N/A 59,321,578 59,321,578
L1 - COMMERCIAL PERSONAL 46,990,024 N/A 46,990,024 46,990,024
L2 - INDUSTRIAL PERSONAL 310,749,339 N/A 310,749,339 310,749,339
M1 - MOBILE HOMES 9,786,027 N/A 9,786,027 9,786,027
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 397,923 N/A 397,923 397,923
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,072,518,390 1,072,518,390 1,072,518,390
Less Total Deductions 100,233,686 100,233,686 100,233,686
Total Taxable Value 972,284,704 972,284,704 972,284,704

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
981,206,935 972,284,704 981,206,935 972,284,704 992,756,935


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
8,922,231 0 11,550,000


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
981,206,935 972,284,704 981,206,935 972,284,704 992,756,935

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