taxes Property Tax Assistance

2018 ISD Summary Worksheet

057-Dallas

070-905/Ferris ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,129,290 N/A 3,129,290 3,129,290
B. MULTIFAMILY RESIDENCES 46,720 N/A 46,720 46,720
C1. VACANT LOTS 2,416,490 N/A 2,416,490 2,416,490
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 124,215 N/A 124,215 124,215
D2. REAL PROP:FARM & RANCH 125,010 N/A 125,010 125,010
E. REAL PROP NONQUAL ACREAGE 103,980 N/A 103,980 103,980
F1. COMMERCIAL REAL 6,551,150 N/A 6,551,150 6,551,150
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 1,624,080 N/A 1,624,080 1,624,080
L1. COMMERCIAL PERSONAL 9,838,390 N/A 9,838,390 9,838,390
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 49,570 N/A 49,570 49,570
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 24,008,895 0 24,008,895 24,008,895
Less Total Deductions 689,051 0 689,051 689,051
Total Taxable Value 23,319,844 0 23,319,844 23,319,844

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
23,503,424 23,319,844 23,503,424 23,319,844


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
183,580 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
23,503,424 23,319,844 23,503,424 23,319,844

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

070-Ellis

070-905/Ferris ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 297,361,553 0.9063 328,104,991 297,361,553
B. MULTIFAMILY RESIDENCES 5,843,450 N/A 5,843,450 5,843,450
C1. VACANT LOTS 5,819,264 N/A 5,819,264 5,819,264
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 8,344,404 1.3155 6,343,081 8,344,404
D2. REAL PROP:FARM & RANCH 2,647,022 N/A 2,647,022 2,647,022
E. REAL PROP NONQUAL ACREAGE 71,513,913 0.9892 72,294,696 71,513,913
F1. COMMERCIAL REAL 23,176,147 0.8239 28,129,806 23,176,147
F2. INDUSTRIAL REAL 4,641,280 N/A 4,641,280 4,641,280
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 17,610,069 N/A 17,610,069 17,610,069
L1. COMMERCIAL PERSONAL 13,957,025 N/A 13,957,025 13,957,025
L2. INDUSTRIAL PERSONAL 14,918,672 N/A 14,918,672 14,918,672
M. MOBILE HOMES 12,586,920 N/A 12,586,920 12,586,920
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 4,701,724 N/A 4,701,724 4,701,724
S. SPECIAL INVENTORY 184,090 N/A 184,090 184,090
Subtotal 483,305,533 0 517,782,090 483,305,533
Less Total Deductions 102,105,745 0 112,546,693 102,105,745
Total Taxable Value 381,199,788 0 405,235,397 381,199,788

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
397,490,788 381,199,788 397,490,788 381,199,788


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,291,000 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
397,490,788 381,199,788 397,490,788 381,199,788

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

070-905-02/Ferris ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 300,490,843 0.9072 331,234,281 300,490,843
B. MULTIFAMILY RESIDENCES 5,890,170 N/A 5,890,170 5,890,170
C1. VACANT LOTS 8,235,754 N/A 8,235,754 8,235,754
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 8,468,619 1.3095 6,467,296 8,468,619
D2. REAL PROP:FARM & RANCH 2,772,032 N/A 2,772,032 2,772,032
E. REAL PROP NONQUAL ACREAGE 71,617,893 0.9892 72,398,676 71,617,893
F1. COMMERCIAL REAL 29,727,297 0.8572 34,680,956 29,727,297
F2. INDUSTRIAL REAL 4,641,280 N/A 4,641,280 4,641,280
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 19,234,149 N/A 19,234,149 19,234,149
L1. COMMERCIAL PERSONAL 23,795,415 N/A 23,795,415 23,795,415
L2. INDUSTRIAL PERSONAL 14,918,672 N/A 14,918,672 14,918,672
M. MOBILE HOMES 12,636,490 N/A 12,636,490 12,636,490
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 4,701,724 N/A 4,701,724 4,701,724
S. SPECIAL INVENTORY 184,090 N/A 184,090 184,090
Subtotal 507,314,428 541,790,985 507,314,428
Less Total Deductions 102,794,796 113,235,744 102,794,796
Total Taxable Value 404,519,632 428,555,241 404,519,632

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
420,994,212 404,519,632 420,994,212 404,519,632


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
16,474,580 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
420,994,212 404,519,632 420,994,212 404,519,632

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