taxes Property Tax Assistance

2023 ISD Summary Worksheet

243-Wichita/Wichita County

243-905/Wichita Falls ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,821,418,429 0.9989 4,826,727,830 4,821,418,429
B - MULTIFAMILY 371,115,767 1.0028 370,079,544 371,115,767
C1 - VACANT LOTS 52,305,605 N/A 52,305,605 52,305,605
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,927,291 1.1367 1,695,452 1,927,291
D2 - FARM & RANCH IMP 910,131 N/A 910,131 910,131
E - NON-AG LAND AND IMPROVEMENTS 30,335,523 N/A 30,335,523 30,335,523
F1 - COMMERCIAL REAL 1,216,804,246 1.0156 1,198,113,673 1,216,804,246
F2 - INDUSTRIAL REAL 58,388,775 N/A 58,388,775 58,388,775
G - ALL MINERALS 1,558,560 N/A 1,558,560 1,558,560
J - ALL UTILITIES 270,233,164 0.9592 281,727,652 270,233,164
L1 - COMMERCIAL PERSONAL 547,132,260 1.0656 513,449,944 547,132,260
L2 - INDUSTRIAL PERSONAL 193,137,253 N/A 193,137,253 193,137,253
M1 - MOBILE HOMES 5,480,022 N/A 5,480,022 5,480,022
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 11,214,952 N/A 11,214,952 11,214,952
S - SPECIAL INVENTORY 38,738,029 N/A 38,738,029 38,738,029
Subtotal 7,620,700,007 0 7,583,862,945 7,620,700,007
Less Total Deductions 2,470,728,063 0 2,472,622,722 2,470,728,063
Total Taxable Value 5,149,971,944 0 5,111,240,223 5,149,971,944

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 5,966,690,891 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 5,149,971,944 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 5,966,690,891 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 5,149,971,944 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,220,775,891 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 6,390,165,891 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 5,502,050,245 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 5,966,690,891 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 5,149,971,944 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 5,966,690,891 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 5,149,971,944 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,220,775,891 T13 plus the loss to the chapter 313 agreement
T16 6,390,165,891 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 5,502,050,245 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 816,718,947 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 254,085,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 169,390,000 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

243-905-02/Wichita Falls ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,821,418,429 0.9989 4,826,727,830 4,821,418,429
B - MULTIFAMILY 371,115,767 1.0028 370,079,544 371,115,767
C1 - VACANT LOTS 52,305,605 N/A 52,305,605 52,305,605
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,927,291 1.1367 1,695,452 1,927,291
D2 - FARM & RANCH IMP 910,131 N/A 910,131 910,131
E - NON-AG LAND AND IMPROVEMENTS 30,335,523 N/A 30,335,523 30,335,523
F1 - COMMERCIAL REAL 1,216,804,246 1.0156 1,198,113,673 1,216,804,246
F2 - INDUSTRIAL REAL 58,388,775 N/A 58,388,775 58,388,775
G - ALL MINERALS 1,558,560 N/A 1,558,560 1,558,560
J - ALL UTILITIES 270,233,164 0.9592 281,727,652 270,233,164
L1 - COMMERCIAL PERSONAL 547,132,260 1.0656 513,449,944 547,132,260
L2 - INDUSTRIAL PERSONAL 193,137,253 N/A 193,137,253 193,137,253
M1 - MOBILE HOMES 5,480,022 N/A 5,480,022 5,480,022
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 11,214,952 N/A 11,214,952 11,214,952
S - SPECIAL INVENTORY 38,738,029 N/A 38,738,029 38,738,029
Subtotal 7,620,700,007 7,583,862,945 7,620,700,007
Less Total Deductions 2,470,728,063 2,472,622,722 2,470,728,063
Total Taxable Value 5,149,971,944 5,111,240,223 5,149,971,944

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 5,966,690,891 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 5,149,971,944 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 5,966,690,891 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 5,149,971,944 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,220,775,891 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 6,390,165,891 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 5,502,050,245 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 5,966,690,891 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 5,149,971,944 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 5,966,690,891 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 5,149,971,944 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,220,775,891 T13 plus the loss to the chapter 313 agreement
T16 6,390,165,891 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 5,502,050,245 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 816,718,947 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 254,085,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 169,390,000 Loss to Second Previous Homestead Increase