taxes Property Tax Assistance

2018 ISD Summary Worksheet

061-Denton

061-905/Krum ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 441,626,132 N/A 441,626,132 441,626,132
B. MULTIFAMILY RESIDENCES 21,626,963 N/A 21,626,963 21,626,963
C1. VACANT LOTS 6,987,816 N/A 6,987,816 6,987,816
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,143,722 N/A 4,143,722 4,143,722
D2. REAL PROP:FARM & RANCH 8,325,564 N/A 8,325,564 8,325,564
E. REAL PROP NONQUAL ACREAGE 151,649,184 N/A 151,649,184 151,649,184
F1. COMMERCIAL REAL 48,639,445 N/A 48,639,445 48,639,445
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 162,372,779 N/A 162,372,779 162,372,779
J. UTILITIES 67,657,571 N/A 67,657,571 67,657,571
L1. COMMERCIAL PERSONAL 16,461,957 N/A 16,461,957 16,461,957
L2. INDUSTRIAL PERSONAL 2,340,265 N/A 2,340,265 2,340,265
M. MOBILE HOMES 1,582,078 N/A 1,582,078 1,582,078
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 898,211 N/A 898,211 898,211
Subtotal 934,311,687 0 934,311,687 934,311,687
Less Total Deductions 101,167,119 0 101,167,119 101,167,119
Total Taxable Value 833,144,568 0 833,144,568 833,144,568

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
853,082,847 833,144,568 853,082,847 833,144,568


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,938,279 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
853,082,847 833,144,568 853,082,847 833,144,568

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

249-Wise

061-905/Krum ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 0 N/A 0 0
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 0 N/A 0 0
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 22,270 N/A 22,270 22,270
D2. REAL PROP:FARM & RANCH 35,880 N/A 35,880 35,880
E. REAL PROP NONQUAL ACREAGE 719,320 N/A 719,320 719,320
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 410,161 N/A 410,161 410,161
J. UTILITIES 125,091 N/A 125,091 125,091
L1. COMMERCIAL PERSONAL 6,830 N/A 6,830 6,830
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 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 4,280 N/A 4,280 4,280
Subtotal 1,323,832 0 1,323,832 1,323,832
Less Total Deductions 73,370 0 73,370 73,370
Total Taxable Value 1,250,462 0 1,250,462 1,250,462

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
1,270,462 1,250,462 1,270,462 1,250,462


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
1,270,462 1,250,462 1,270,462 1,250,462

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

061-905-02/Krum ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 441,626,132 N/A 441,626,132 441,626,132
B. MULTIFAMILY RESIDENCES 21,626,963 N/A 21,626,963 21,626,963
C1. VACANT LOTS 6,987,816 N/A 6,987,816 6,987,816
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,165,992 N/A 4,165,992 4,165,992
D2. REAL PROP:FARM & RANCH 8,361,444 N/A 8,361,444 8,361,444
E. REAL PROP NONQUAL ACREAGE 152,368,504 N/A 152,368,504 152,368,504
F1. COMMERCIAL REAL 48,639,445 N/A 48,639,445 48,639,445
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 162,782,940 N/A 162,782,940 162,782,940
J. UTILITIES 67,782,662 N/A 67,782,662 67,782,662
L1. COMMERCIAL PERSONAL 16,468,787 N/A 16,468,787 16,468,787
L2. INDUSTRIAL PERSONAL 2,340,265 N/A 2,340,265 2,340,265
M. MOBILE HOMES 1,582,078 N/A 1,582,078 1,582,078
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 902,491 N/A 902,491 902,491
Subtotal 935,635,519 935,635,519 935,635,519
Less Total Deductions 101,240,489 101,240,489 101,240,489
Total Taxable Value 834,395,030 834,395,030 834,395,030

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
854,353,309 834,395,030 854,353,309 834,395,030


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
19,958,279 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
854,353,309 834,395,030 854,353,309 834,395,030

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