taxes Property Tax Assistance

2018 ISD Summary Worksheet

249/Wise

249-904/Chico ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 157,387,312 N/A 157,387,312 157,387,312
B. Multi-Family Residences 143,510 N/A 143,510 143,510
C1. Vacant Lots 21,978,318 N/A 21,978,318 21,978,318
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,300,500 N/A 3,300,500 3,300,500
D2. Real Prop Farm & Ranch 1,824,440 N/A 1,824,440 1,824,440
E. Real Prop NonQual Acres 112,901,500 N/A 112,901,500 112,901,500
F1. Commercial Real 30,752,440 N/A 30,752,440 30,752,440
F2. Industrial Real 39,691,131 N/A 39,691,131 39,691,131
G. Oil, Gas, Minerals 44,264,226 N/A 44,264,226 44,264,226
J. Utilities 41,758,731 N/A 41,758,731 41,758,731
L1. Commercial Personal 24,726,625 N/A 24,726,625 24,726,625
L2. Industrial Personal 157,147,653 N/A 157,147,653 157,147,653
M. Other Personal 3,904,151 N/A 3,904,151 3,904,151
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 102,980 N/A 102,980 102,980
S. Special Inventory 1,910 N/A 1,910 1,910
Subtotal 639,885,427 639,885,427 639,885,427
Less Total Deductions 54,048,690   54,048,690 54,048,690
Total Taxable Value 585,836,737 585,836,737 585,836,737 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
592,893,082 585,836,737 592,893,082 585,836,737


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,056,345 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
592,893,082 585,836,737 592,893,082 585,836,737

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