taxes Property Tax Assistance

2017 ISD Summary Worksheet

005/Archer

243-903/Iowa Park CISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 99,230 N/A 99,230 99,230
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) 1,284,310 N/A 1,284,310 1,284,310
D2. Real Prop Farm & Ranch 26,680 N/A 26,680 26,680
E. Real Prop NonQual Acres 320,550 N/A 320,550 320,550
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 746,050 N/A 746,050 746,050
G. Oil, Gas, Minerals 1,535,680 N/A 1,535,680 1,535,680
J. Utilities 219,430 N/A 219,430 219,430
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 4,241,930 4,241,930 4,241,930
Less Total Deductions 36,590   36,590 36,590
Total Taxable Value 4,205,340 4,205,340 4,205,340 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
4,205,340 4,205,340 4,205,340 4,205,340


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
4,205,340 4,205,340 4,205,340 4,205,340

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 357,422,216 .9872 362,056,540 357,422,216
B. Multi-Family Residences 4,492,295 N/A 4,492,295 4,492,295
C1. Vacant Lots 3,513,991 N/A 3,513,991 3,513,991
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,069,139 .9867 10,205,377 10,069,139
D2. Real Prop Farm & Ranch 2,632,784 N/A 2,632,784 2,632,784
E. Real Prop NonQual Acres 54,401,860 .9714 56,003,562 54,401,860
F1. Commercial Real 26,158,264 N/A 26,158,264 26,158,264
F2. Industrial Real 16,711,595 N/A 16,711,595 16,711,595
G. Oil, Gas, Minerals 43,729,270 1.0176 42,972,946 43,729,270
J. Utilities 37,708,272 1.1184 33,716,266 37,708,272
L1. Commercial Personal 27,674,319 N/A 27,674,319 27,674,319
L2. Industrial Personal 87,924,864 N/A 87,924,864 87,924,864
M. Other Personal 1,571,969 N/A 1,571,969 1,571,969
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 119,694 N/A 119,694 119,694
S. Special Inventory 50,687 N/A 50,687 50,687
Subtotal 674,181,219 675,805,153 674,181,219
Less Total Deductions 127,463,665   128,945,846 127,463,665
Total Taxable Value 546,717,554 546,859,307 546,717,554 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
570,537,966 546,717,554 570,537,966 546,717,554


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,820,412 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
570,537,966 546,717,554 570,537,966 546,717,554

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 357,521,446 .9872 362,155,770 357,521,446
B. Multi-Family Residences 4,492,295 N/A 4,492,295 4,492,295
C1. Vacant Lots 3,523,991 N/A 3,523,991 3,523,991
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,353,449 .9881 11,489,687 11,353,449
D2. Real Prop Farm & Ranch 2,659,464 N/A 2,659,464 2,659,464
E. Real Prop NonQual Acres 54,722,410 .9716 56,324,112 54,722,410
F1. Commercial Real 26,158,264 N/A 26,158,264 26,158,264
F2. Industrial Real 17,457,645 N/A 17,457,645 17,457,645
G. Oil, Gas, Minerals 45,264,950 1.0170 44,508,626 45,264,950
J. Utilities 37,927,702 1.1176 33,935,696 37,927,702
L1. Commercial Personal 27,674,319 N/A 27,674,319 27,674,319
L2. Industrial Personal 87,924,864 N/A 87,924,864 87,924,864
M. Other Personal 1,571,969 N/A 1,571,969 1,571,969
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 119,694 N/A 119,694 119,694
S. Special Inventory 50,687 N/A 50,687 50,687
Subtotal 678,423,149 680,047,083 678,423,149
Less Total Deductions 127,500,255   128,982,436 127,500,255
Total Taxable Value 550,922,894 551,064,647 550,922,894 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

243-903/Iowa Park CISD

Final Values Worksheet

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
574,743,306 550,922,894 574,743,306 550,922,894


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,820,412 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
574,743,306 550,922,894 574,743,306 550,922,894

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