taxes Property Tax Assistance

2024 ISD Summary Worksheet

Wichita Falls ISD (all splits)   Wichita County  

243-Wichita/Wichita County

243-905/Wichita Falls ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 5,028,628,303 N/A 5,028,628,303 5,028,628,303
B - MULTIFAMILY 388,867,899 N/A 388,867,899 388,867,899
C1 - VACANT LOTS 61,534,529 N/A 61,534,529 61,534,529
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,867,050 N/A 1,867,050 1,867,050
D2 - FARM & RANCH IMP 939,109 N/A 939,109 939,109
E - NON-AG LAND AND IMPROVEMENTS 31,228,863 N/A 31,228,863 31,228,863
F1 - COMMERCIAL REAL 1,320,984,159 N/A 1,320,984,159 1,320,984,159
F2 - INDUSTRIAL REAL 58,826,065 N/A 58,826,065 58,826,065
G - ALL MINERALS 1,526,410 N/A 1,526,410 1,526,410
J - ALL UTILITIES 286,202,612 N/A 286,202,612 286,202,612
L1 - COMMERCIAL PERSONAL 558,643,406 N/A 558,643,406 558,643,406
L2 - INDUSTRIAL PERSONAL 192,671,015 N/A 192,671,015 192,671,015
M1 - MOBILE HOMES 5,565,619 N/A 5,565,619 5,565,619
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 9,131,061 N/A 9,131,061 9,131,061
S - SPECIAL INVENTORY 36,368,609 N/A 36,368,609 36,368,609
Subtotal 7,982,984,709 0 7,982,984,709 7,982,984,709
Less Total Deductions 2,561,348,450 0 2,561,348,450 2,561,348,450
Total Taxable Value 5,421,636,259 0 5,421,636,259 5,421,636,259

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's office 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 school 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 6,289,008,076 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 5,421,636,259 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 6,289,008,076 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 5,421,636,259 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,553,263,076 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 6,729,433,076 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 5,916,977,137 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 6,289,008,076 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 5,421,636,259 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 6,289,008,076 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 5,421,636,259 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,553,263,076 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 6,729,433,076 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 5,916,977,137 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 867,371,817 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 264,255,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 176,170,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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243-905-02/Wichita Falls ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 5,028,628,303 N/A 5,028,628,303 5,028,628,303
B - MULTIFAMILY 388,867,899 N/A 388,867,899 388,867,899
C1 - VACANT LOTS 61,534,529 N/A 61,534,529 61,534,529
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,867,050 N/A 1,867,050 1,867,050
D2 - FARM & RANCH IMP 939,109 N/A 939,109 939,109
E - NON-AG LAND AND IMPROVEMENTS 31,228,863 N/A 31,228,863 31,228,863
F1 - COMMERCIAL REAL 1,320,984,159 N/A 1,320,984,159 1,320,984,159
F2 - INDUSTRIAL REAL 58,826,065 N/A 58,826,065 58,826,065
G - ALL MINERALS 1,526,410 N/A 1,526,410 1,526,410
J - ALL UTILITIES 286,202,612 N/A 286,202,612 286,202,612
L1 - COMMERCIAL PERSONAL 558,643,406 N/A 558,643,406 558,643,406
L2 - INDUSTRIAL PERSONAL 192,671,015 N/A 192,671,015 192,671,015
M1 - MOBILE HOMES 5,565,619 N/A 5,565,619 5,565,619
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 9,131,061 N/A 9,131,061 9,131,061
S - SPECIAL INVENTORY 36,368,609 N/A 36,368,609 36,368,609
Subtotal 7,982,984,709 7,982,984,709 7,982,984,709
Less Total Deductions 2,561,348,450 2,561,348,450 2,561,348,450
Total Taxable Value 5,421,636,259 5,421,636,259 5,421,636,259

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's office 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 school 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 6,289,008,076 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 5,421,636,259 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 6,289,008,076 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 5,421,636,259 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,553,263,076 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 6,729,433,076 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 5,916,977,137 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 6,289,008,076 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 5,421,636,259 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 6,289,008,076 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 5,421,636,259 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,553,263,076 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 6,729,433,076 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 5,916,977,137 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 867,371,817 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 264,255,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 176,170,000 Loss to the third most recent increase in the state-mandated homestead exemption

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