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