taxes Property Tax Assistance

2023 ISD Summary Worksheet

243-Wichita/Wichita County

243-902/Electra ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 93,404,595 1.0181 91,744,028 93,404,595
B - MULTIFAMILY 541,495 N/A 541,495 541,495
C1 - VACANT LOTS 2,497,761 N/A 2,497,761 2,497,761
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,986,969 1.1245 12,438,441 13,986,969
D2 - FARM & RANCH IMP 868,964 N/A 868,964 868,964
E - NON-AG LAND AND IMPROVEMENTS 16,800,469 0.9702 17,316,501 16,800,469
F1 - COMMERCIAL REAL 7,974,367 N/A 7,974,367 7,974,367
F2 - INDUSTRIAL REAL 2,489,717 N/A 2,489,717 2,489,717
G - ALL MINERALS 68,465,410 0.9932 68,934,162 68,465,410
J - ALL UTILITIES 61,886,185 0.9940 62,259,743 61,886,185
L1 - COMMERCIAL PERSONAL 10,033,618 N/A 10,033,618 10,033,618
L2 - INDUSTRIAL PERSONAL 1,958,899 N/A 1,958,899 1,958,899
M1 - MOBILE HOMES 726,217 N/A 726,217 726,217
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 281,634,666 0 279,783,913 281,634,666
Less Total Deductions 57,244,184 0 56,527,276 57,244,184
Total Taxable Value 224,390,482 0 223,256,637 224,390,482

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

Measure Value Description
T1 237,440,387 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 224,390,482 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 237,440,387 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 224,390,482 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 247,415,387 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 254,065,387 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 226,503,692 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 237,440,387 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 224,390,482 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 237,440,387 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 224,390,482 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 247,415,387 T13 plus the loss to the chapter 313 agreement
T16 254,065,387 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 226,503,692 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,049,905 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 9,975,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 6,650,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

243-902-02/Electra ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 93,404,595 1.0181 91,744,028 93,404,595
B - MULTIFAMILY 541,495 N/A 541,495 541,495
C1 - VACANT LOTS 2,497,761 N/A 2,497,761 2,497,761
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,986,969 1.1245 12,438,441 13,986,969
D2 - FARM & RANCH IMP 868,964 N/A 868,964 868,964
E - NON-AG LAND AND IMPROVEMENTS 16,800,469 0.9702 17,316,501 16,800,469
F1 - COMMERCIAL REAL 7,974,367 N/A 7,974,367 7,974,367
F2 - INDUSTRIAL REAL 2,489,717 N/A 2,489,717 2,489,717
G - ALL MINERALS 68,465,410 0.9932 68,934,162 68,465,410
J - ALL UTILITIES 61,886,185 0.9940 62,259,743 61,886,185
L1 - COMMERCIAL PERSONAL 10,033,618 N/A 10,033,618 10,033,618
L2 - INDUSTRIAL PERSONAL 1,958,899 N/A 1,958,899 1,958,899
M1 - MOBILE HOMES 726,217 N/A 726,217 726,217
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 281,634,666 279,783,913 281,634,666
Less Total Deductions 57,244,184 56,527,276 57,244,184
Total Taxable Value 224,390,482 223,256,637 224,390,482

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

Measure Value Description
T1 237,440,387 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 224,390,482 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 237,440,387 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 224,390,482 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 247,415,387 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 254,065,387 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 226,503,692 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 237,440,387 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 224,390,482 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 237,440,387 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 224,390,482 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 247,415,387 T13 plus the loss to the chapter 313 agreement
T16 254,065,387 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 226,503,692 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,049,905 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 9,975,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 6,650,000 Loss to Second Previous Homestead Increase