taxes Property Tax Assistance

2016 ISD Summary Worksheet

243/Wichita

243-906/City View ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 109,047,878 N/A 109,047,878 109,047,878
B. Multi-Family Residences 3,583,777 N/A 3,583,777 3,583,777
C1. Vacant Lots 1,832,403 N/A 1,832,403 1,832,403
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 739,961 N/A 739,961 739,961
D2. Real Prop Farm & Ranch 130,343 N/A 130,343 130,343
E. Real Prop NonQual Acres 3,746,906 N/A 3,746,906 3,746,906
F1. Commercial Real 20,593,594 N/A 20,593,594 20,593,594
F2. Industrial Real 8,013,881 N/A 8,013,881 8,013,881
G. Oil, Gas, Minerals 239,050 N/A 239,050 239,050
J. Utilities 19,117,668 N/A 19,117,668 19,117,668
L1. Commercial Personal 12,842,797 N/A 12,842,797 12,842,797
L2. Industrial Personal 41,701,142 N/A 41,701,142 41,701,142
M. Other Personal 1,111,718 N/A 1,111,718 1,111,718
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,850 N/A 5,850 5,850
S. Special Inventory 748,266 N/A 748,266 748,266
Subtotal 223,455,234 223,455,234 223,455,234
Less Total Deductions 42,111,062   42,111,062 42,111,062
Total Taxable Value 181,344,172 181,344,172 181,344,172 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
189,792,922 181,344,172 189,792,922 181,344,172


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,448,750 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
189,792,922 181,344,172 189,792,922 181,344,172

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