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