taxes Property Tax Assistance

2016 ISD Summary Worksheet

220/Tarrant

220-916/Hurst-Euless-Bedford ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 6,620,677,654 .9621 6,881,485,972 6,620,677,654
B. Multi-Family Residences 1,856,535,940 .9922 1,871,130,760 1,856,535,940
C1. Vacant Lots 190,318,468 N/A 190,318,468 190,318,468
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,945 1.8731 16,521 30,945
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 276,357 N/A 276,357 276,357
F1. Commercial Real 2,021,905,986 1.0056 2,010,646,366 2,021,905,986
F2. Industrial Real 138,504,450 N/A 138,504,450 138,504,450
G. Oil, Gas, Minerals 7,369,210 N/A 7,369,210 7,369,210
J. Utilities 279,829,046 N/A 279,829,046 279,829,046
L1. Commercial Personal 1,523,829,384 1.0037 1,518,212,000 1,523,829,384
L2. Industrial Personal 348,638,949 N/A 348,638,949 348,638,949
M. Other Personal 10,345,731 N/A 10,345,731 10,345,731
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 22,855,201 N/A 22,855,201 22,855,201
S. Special Inventory 24,189,183 N/A 24,189,183 24,189,183
Subtotal 13,045,306,504 13,303,818,214 13,045,306,504
Less Total Deductions 2,043,742,146   2,122,154,448 2,043,742,146
Total Taxable Value 11,001,564,358 11,181,663,766 11,001,564,358 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
11,281,905,174 11,001,564,358 11,210,340,520 10,929,999,704


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
280,340,816 71,564,654


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
11,281,905,174 11,001,564,358 11,210,340,520 10,929,999,704

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