taxes Property Tax Assistance

2019 ISD Summary Worksheet

220-Tarrant

220-915/Azle ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,725,211,452 0.9781 1,763,839,538 1,725,211,452
B. MULTIFAMILY RESIDENCES 42,076,384 N/A 42,076,384 42,076,384
C1. VACANT LOTS 64,995,682 N/A 64,995,682 64,995,682
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 496,535 2.6268 189,030 496,535
D2. REAL PROP:FARM & RANCH 1,420,444 N/A 1,420,444 1,420,444
E. REAL PROP NONQUAL ACREAGE 46,913,261 N/A 46,913,261 46,913,261
F1. COMMERCIAL REAL 205,149,856 0.8748 234,510,581 205,149,856
F2. INDUSTRIAL REAL 6,394,427 N/A 6,394,427 6,394,427
G. OIL,GAS,MINERALS 28,029,400 N/A 28,029,400 28,029,400
J. UTILITIES 49,338,217 N/A 49,338,217 49,338,217
L1. COMMERCIAL PERSONAL 101,822,810 N/A 101,822,810 101,822,810
L2. INDUSTRIAL PERSONAL 5,670,366 N/A 5,670,366 5,670,366
M. MOBILE HOMES 7,113,031 N/A 7,113,031 7,113,031
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 5,025,737 N/A 5,025,737 5,025,737
S. SPECIAL INVENTORY 1,954,828 N/A 1,954,828 1,954,828
Subtotal 2,291,612,430 0 2,359,293,736 2,291,612,430
Less Total Deductions 463,848,787 0 477,293,699 463,848,787
Total Taxable Value 1,827,763,643 0 1,882,000,037 1,827,763,643

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
1,881,357,168 1,827,763,643 1,881,357,168 1,827,763,643


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
53,593,525 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
1,881,357,168 1,827,763,643 1,881,357,168 1,827,763,643

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

220-915-02/Azle ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,725,211,452 0.9781 1,763,839,538 1,725,211,452
B. MULTIFAMILY RESIDENCES 42,076,384 N/A 42,076,384 42,076,384
C1. VACANT LOTS 64,995,682 N/A 64,995,682 64,995,682
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 496,535 2.6268 189,030 496,535
D2. REAL PROP:FARM & RANCH 1,420,444 N/A 1,420,444 1,420,444
E. REAL PROP NONQUAL ACREAGE 46,913,261 N/A 46,913,261 46,913,261
F1. COMMERCIAL REAL 205,149,856 0.8748 234,510,581 205,149,856
F2. INDUSTRIAL REAL 6,394,427 N/A 6,394,427 6,394,427
G. OIL,GAS,MINERALS 28,029,400 N/A 28,029,400 28,029,400
J. UTILITIES 49,338,217 N/A 49,338,217 49,338,217
L1. COMMERCIAL PERSONAL 101,822,810 N/A 101,822,810 101,822,810
L2. INDUSTRIAL PERSONAL 5,670,366 N/A 5,670,366 5,670,366
M. MOBILE HOMES 7,113,031 N/A 7,113,031 7,113,031
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 5,025,737 N/A 5,025,737 5,025,737
S. SPECIAL INVENTORY 1,954,828 N/A 1,954,828 1,954,828
Subtotal 2,291,612,430 2,359,293,736 2,291,612,430
Less Total Deductions 463,848,787 477,293,699 463,848,787
Total Taxable Value 1,827,763,643 1,882,000,037 1,827,763,643

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
1,881,357,168 1,827,763,643 1,881,357,168 1,827,763,643


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
53,593,525 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
1,881,357,168 1,827,763,643 1,881,357,168 1,827,763,643

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