taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

005/Archer

243-903/Iowa Park CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 671,480 N/A 671,480 671,480
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 10,000 N/A 10,000 10,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,292,610 N/A 1,292,610 1,292,610
D2. Real Prop Farm & Ranch 94,620 N/A 94,620 94,620
E. Real Prop NonQual Acres 218,730 N/A 218,730 218,730
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 936,700 N/A 936,700 936,700
G. Oil, Gas, Minerals 4,894,540 N/A 4,894,540 4,894,540
J. Utilities 206,160 N/A 206,160 206,160
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 13,830 N/A 13,830 13,830
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 8,338,670 8,338,670 8,338,670
Less Total Deductions 79,300   79,300 79,300
Total Taxable Value 8,259,370 8,259,370 8,259,370 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
8,263,160 8,259,370 8,263,160 8,259,370 8,259,370 8,259,370


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,790 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
8,263,160 8,259,370 8,263,160 8,259,370 8,259,370 8,259,370

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

243/Wichita

243-903/Iowa Park CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 330,369,620 N/A 330,369,620 330,369,620
B. Multi-Family Residences 4,417,291 N/A 4,417,291 4,417,291
C1. Vacant Lots 3,155,876 N/A 3,155,876 3,155,876
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,286,253 N/A 10,286,253 10,286,253
D2. Real Prop Farm & Ranch 2,025,194 N/A 2,025,194 2,025,194
E. Real Prop NonQual Acres 43,672,863 N/A 43,672,863 43,672,863
F1. Commercial Real 21,463,625 N/A 21,463,625 21,463,625
F2. Industrial Real 15,203,668 N/A 15,203,668 15,203,668
G. Oil, Gas, Minerals 129,684,280 N/A 129,684,280 129,684,280
J. Utilities 35,650,567 N/A 35,650,567 35,650,567
L1. Commercial Personal 23,885,588 N/A 23,885,588 23,885,588
L2. Industrial Personal 85,430,501 N/A 85,430,501 85,430,501
M. Other Personal 1,607,426 N/A 1,607,426 1,607,426
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 139,882 N/A 139,882 139,882
S. Special Inventory 199,833 N/A 199,833 199,833
Subtotal 707,192,467 707,192,467 707,192,467
Less Total Deductions 94,352,998   94,352,998 94,352,998
Total Taxable Value 612,839,469 612,839,469 612,839,469 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
638,916,130 612,839,469 638,916,130 612,839,469 617,213,091 617,213,091


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,076,661 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
638,916,130 612,839,469 638,916,130 612,839,469 617,213,091 617,213,091

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

243-903/Iowa Park CISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 331,041,100 N/A 331,041,100 331,041,100
B. Multi-Family Residences 4,417,291 N/A 4,417,291 4,417,291
C1. Vacant Lots 3,165,876 N/A 3,165,876 3,165,876
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,578,863 N/A 11,578,863 11,578,863
D2. Real Prop Farm & Ranch 2,119,814 N/A 2,119,814 2,119,814
E. Real Prop NonQual Acres 43,891,593 N/A 43,891,593 43,891,593
F1. Commercial Real 21,463,625 N/A 21,463,625 21,463,625
F2. Industrial Real 16,140,368 N/A 16,140,368 16,140,368
G. Oil, Gas, Minerals 134,578,820 N/A 134,578,820 134,578,820
J. Utilities 35,856,727 N/A 35,856,727 35,856,727
L1. Commercial Personal 23,885,588 N/A 23,885,588 23,885,588
L2. Industrial Personal 85,430,501 N/A 85,430,501 85,430,501
M. Other Personal 1,621,256 N/A 1,621,256 1,621,256
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 139,882 N/A 139,882 139,882
S. Special Inventory 199,833 N/A 199,833 199,833
Subtotal 715,531,137 715,531,137 715,531,137
Less Total Deductions 94,432,298   94,432,298 94,432,298
Total Taxable Value 621,098,839 621,098,839 621,098,839 T2

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