taxes Property Tax Assistance

2020 ISD Summary Worksheet

061-Denton /Denton County

061-905/Krum ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 540,136,305 N/A 540,136,305 540,136,305
B - MULTIFAMILY 23,837,294 N/A 23,837,294 23,837,294
C1 - VACANT LOTS 12,050,070 N/A 12,050,070 12,050,070
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,640,716 N/A 3,640,716 3,640,716
D2 - FARM & RANCH IMP 10,617,045 N/A 10,617,045 10,617,045
E - NON-AG LAND AND IMPROVEMENTS 178,845,325 N/A 178,845,325 178,845,325
F1 - COMMERCIAL REAL 74,848,622 N/A 74,848,622 74,848,622
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 89,716,087 N/A 89,716,087 89,716,087
J - ALL UTILITIES 71,452,374 N/A 71,452,374 71,452,374
L1 - COMMERCIAL PERSONAL 29,418,848 N/A 29,418,848 29,418,848
L2 - INDUSTRIAL PERSONAL 2,870,253 N/A 2,870,253 2,870,253
M1 - MOBILE HOMES 1,911,537 N/A 1,911,537 1,911,537
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 15,689,479 N/A 15,689,479 15,689,479
S - SPECIAL INVENTORY 407,862 N/A 407,862 407,862
Subtotal 1,055,441,817 0 1,055,441,817 1,055,441,817
Less Total Deductions 106,581,314 0 106,581,314 106,581,314
Total Taxable Value 948,860,503 0 948,860,503 948,860,503

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
969,794,613 948,860,503 969,794,613 948,860,503


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,934,110 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
969,794,613 948,860,503 969,794,613 948,860,503

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 /Wise County

061-905/Krum ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 21,750 N/A 21,750 21,750
D2 - FARM & RANCH IMP 9,620 N/A 9,620 9,620
E - NON-AG LAND AND IMPROVEMENTS 1,573,115 N/A 1,573,115 1,573,115
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 67,109 N/A 67,109 67,109
J - ALL UTILITIES 78,252 N/A 78,252 78,252
L1 - COMMERCIAL PERSONAL 110 N/A 110 110
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,749,956 0 1,749,956 1,749,956
Less Total Deductions 75,000 0 75,000 75,000
Total Taxable Value 1,674,956 0 1,674,956 1,674,956

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
1,704,956 1,674,956 1,704,956 1,674,956


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,000 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
1,704,956 1,674,956 1,704,956 1,674,956

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 540,136,305 N/A 540,136,305 540,136,305
B - MULTIFAMILY 23,837,294 N/A 23,837,294 23,837,294
C1 - VACANT LOTS 12,050,070 N/A 12,050,070 12,050,070
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,662,466 N/A 3,662,466 3,662,466
D2 - FARM & RANCH IMP 10,626,665 N/A 10,626,665 10,626,665
E - NON-AG LAND AND IMPROVEMENTS 180,418,440 N/A 180,418,440 180,418,440
F1 - COMMERCIAL REAL 74,848,622 N/A 74,848,622 74,848,622
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 89,783,196 N/A 89,783,196 89,783,196
J - ALL UTILITIES 71,530,626 N/A 71,530,626 71,530,626
L1 - COMMERCIAL PERSONAL 29,418,958 N/A 29,418,958 29,418,958
L2 - INDUSTRIAL PERSONAL 2,870,253 N/A 2,870,253 2,870,253
M1 - MOBILE HOMES 1,911,537 N/A 1,911,537 1,911,537
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 15,689,479 N/A 15,689,479 15,689,479
S - SPECIAL INVENTORY 407,862 N/A 407,862 407,862
Subtotal 1,057,191,773 1,057,191,773 1,057,191,773
Less Total Deductions 106,656,314 106,656,314 106,656,314
Total Taxable Value 950,535,459 950,535,459 950,535,459

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
971,499,569 950,535,459 971,499,569 950,535,459


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
20,964,110 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
971,499,569 950,535,459 971,499,569 950,535,459

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