taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

005/Archer

243-903/Iowa Park CISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 655,260 N/A 655,260 655,260
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) 1,297,670 N/A 1,297,670 1,297,670
D2. Real Prop Farm & Ranch 87,090 N/A 87,090 87,090
E. Real Prop NonQual Acres 237,290 N/A 237,290 237,290
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 897,650 N/A 897,650 897,650
G. Oil, Gas, Minerals 3,164,520 N/A 3,164,520 3,164,520
J. Utilities 164,050 N/A 164,050 164,050
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 5,360 N/A 5,360 5,360
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 6,518,890 6,518,890 6,518,890
Less Total Deductions 76,330   76,330 76,330
Total Taxable Value 6,442,560 6,442,560 6,442,560 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
6,442,560 6,442,560 6,442,560 6,442,560


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
6,442,560 6,442,560 6,442,560 6,442,560

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 336,456,631 .9951 338,113,387 336,456,631
B. Multi-Family Residences 4,705,868 N/A 4,705,868 4,705,868
C1. Vacant Lots 3,222,731 N/A 3,222,731 3,222,731
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,196,442 .9893 10,306,339 10,196,442
D2. Real Prop Farm & Ranch 1,993,311 N/A 1,993,311 1,993,311
E. Real Prop NonQual Acres 46,971,466 .9510 49,391,657 46,971,466
F1. Commercial Real 22,407,382 N/A 22,407,382 22,407,382
F2. Industrial Real 15,759,412 N/A 15,759,412 15,759,412
G. Oil, Gas, Minerals 91,264,470 1.0268 88,882,421 91,264,470
J. Utilities 36,496,390 .9821 37,161,582 36,496,390
L1. Commercial Personal 27,218,614 N/A 27,218,614 27,218,614
L2. Industrial Personal 93,062,073 N/A 93,062,073 93,062,073
M. Other Personal 1,490,275 N/A 1,490,275 1,490,275
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 175,349 N/A 175,349 175,349
S. Special Inventory 274,253 N/A 274,253 274,253
Subtotal 691,694,667 694,164,654 691,694,667
Less Total Deductions 121,302,346   121,812,928 121,302,346
Total Taxable Value 570,392,321 572,351,726 570,392,321 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
594,931,112 570,392,321 594,931,112 570,392,321


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,538,791 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
594,931,112 570,392,321 594,931,112 570,392,321

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

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

243-903/Iowa Park CISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 337,111,891 .9951 338,768,647 337,111,891
B. Multi-Family Residences 4,705,868 N/A 4,705,868 4,705,868
C1. Vacant Lots 3,232,731 N/A 3,232,731 3,232,731
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,494,112 .9905 11,604,009 11,494,112
D2. Real Prop Farm & Ranch 2,080,401 N/A 2,080,401 2,080,401
E. Real Prop NonQual Acres 47,208,756 .9512 49,628,947 47,208,756
F1. Commercial Real 22,407,382 N/A 22,407,382 22,407,382
F2. Industrial Real 16,657,062 N/A 16,657,062 16,657,062
G. Oil, Gas, Minerals 94,428,990 1.0259 92,046,941 94,428,990
J. Utilities 36,660,440 .9822 37,325,632 36,660,440
L1. Commercial Personal 27,218,614 N/A 27,218,614 27,218,614
L2. Industrial Personal 93,062,073 N/A 93,062,073 93,062,073
M. Other Personal 1,495,635 N/A 1,495,635 1,495,635
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 175,349 N/A 175,349 175,349
S. Special Inventory 274,253 N/A 274,253 274,253
Subtotal 698,213,557 700,683,544 698,213,557
Less Total Deductions 121,378,676   121,889,258 121,378,676
Total Taxable Value 576,834,881 578,794,286 576,834,881 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