taxes Property Tax Assistance

2016 ISD Summary Worksheet

220/Tarrant

220-907/Keller ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 13,662,451,971 .9684 14,108,273,411 13,662,451,971
B. Multi-Family Residences 814,718,942 1.0123 804,819,660 814,718,942
C1. Vacant Lots 280,685,686 N/A 280,685,686 280,685,686
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 303,372 1.8478 164,178 303,372
D2. Real Prop Farm & Ranch 488,218 N/A 488,218 488,218
E. Real Prop NonQual Acres 43,459,289 N/A 43,459,289 43,459,289
F1. Commercial Real 1,948,381,483 .9553 2,039,549,338 1,948,381,483
F2. Industrial Real 18,489,364 N/A 18,489,364 18,489,364
G. Oil, Gas, Minerals 2,353,870 N/A 2,353,870 2,353,870
J. Utilities 156,915,028 N/A 156,915,028 156,915,028
L1. Commercial Personal 574,280,687 1.0027 572,734,304 574,280,687
L2. Industrial Personal 31,703,213 N/A 31,703,213 31,703,213
M. Other Personal 21,450,218 N/A 21,450,218 21,450,218
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 56,548,168 N/A 56,548,168 56,548,168
S. Special Inventory 5,559,678 N/A 5,559,678 5,559,678
Subtotal 17,617,789,187 18,143,193,623 17,617,789,187
Less Total Deductions 2,581,149,720   2,664,067,701 2,581,149,720
Total Taxable Value 15,036,639,467 15,479,125,922 15,036,639,467 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
15,424,536,405 15,036,639,467 15,424,536,405 15,036,639,467


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
387,896,938 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
15,424,536,405 15,036,639,467 15,424,536,405 15,036,639,467

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