taxes Property Tax Assistance

2021 ISD Summary Worksheet

061-Denton /Denton County

061-905/Krum ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 660,256,488 0.9500 695,006,829 660,256,488
B - MULTIFAMILY 25,887,742 N/A 25,887,742 25,887,742
C1 - VACANT LOTS 26,686,923 N/A 26,686,923 26,686,923
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,487,119 1.0155 3,433,776 3,487,119
D2 - FARM & RANCH IMP 9,302,326 N/A 9,302,326 9,302,326
E - NON-AG LAND AND IMPROVEMENTS 205,747,926 0.9188 223,931,134 205,747,926
F1 - COMMERCIAL REAL 78,737,698 0.8973 87,749,580 78,737,698
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 99,473,071 1.1261 88,334,136 99,473,071
J - ALL UTILITIES 76,342,038 0.7846 97,300,584 76,342,038
L1 - COMMERCIAL PERSONAL 34,973,721 N/A 34,973,721 34,973,721
L2 - INDUSTRIAL PERSONAL 3,407,882 N/A 3,407,882 3,407,882
M1 - MOBILE HOMES 2,144,558 N/A 2,144,558 2,144,558
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 13,877,625 N/A 13,877,625 13,877,625
S - SPECIAL INVENTORY 323,634 N/A 323,634 323,634
Subtotal 1,240,648,751 0 1,312,360,450 1,240,648,751
Less Total Deductions 124,963,261 0 133,020,684 124,963,261
Total Taxable Value 1,115,685,490 0 1,179,339,766 1,115,685,490

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
1,137,530,850 1,115,685,490 1,137,530,850 1,115,685,490


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,845,360 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
1,137,530,850 1,115,685,490 1,137,530,850 1,115,685,490

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 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 21,300 N/A 21,300 21,300
D2 - FARM & RANCH IMP 9,350 N/A 9,350 9,350
E - NON-AG LAND AND IMPROVEMENTS 1,911,899 N/A 1,911,899 1,911,899
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 2,441,231 N/A 2,441,231 2,441,231
J - ALL UTILITIES 82,322 N/A 82,322 82,322
L1 - COMMERCIAL PERSONAL 620 N/A 620 620
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 4,466,722 0 4,466,722 4,466,722
Less Total Deductions 75,000 0 75,000 75,000
Total Taxable Value 4,391,722 0 4,391,722 4,391,722

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
4,421,722 4,391,722 4,421,722 4,391,722


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
4,421,722 4,391,722 4,421,722 4,391,722

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 660,256,488 0.9500 695,006,829 660,256,488
B - MULTIFAMILY 25,887,742 N/A 25,887,742 25,887,742
C1 - VACANT LOTS 26,686,923 N/A 26,686,923 26,686,923
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,508,419 1.0154 3,455,076 3,508,419
D2 - FARM & RANCH IMP 9,311,676 N/A 9,311,676 9,311,676
E - NON-AG LAND AND IMPROVEMENTS 207,659,825 0.9195 225,843,033 207,659,825
F1 - COMMERCIAL REAL 78,737,698 0.8973 87,749,580 78,737,698
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 101,914,302 1.1227 90,775,367 101,914,302
J - ALL UTILITIES 76,424,360 0.7848 97,382,906 76,424,360
L1 - COMMERCIAL PERSONAL 34,974,341 N/A 34,974,341 34,974,341
L2 - INDUSTRIAL PERSONAL 3,407,882 N/A 3,407,882 3,407,882
M1 - MOBILE HOMES 2,144,558 N/A 2,144,558 2,144,558
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 13,877,625 N/A 13,877,625 13,877,625
S - SPECIAL INVENTORY 323,634 N/A 323,634 323,634
Subtotal 1,245,115,473 1,316,827,172 1,245,115,473
Less Total Deductions 125,038,261 133,095,684 125,038,261
Total Taxable Value 1,120,077,212 1,183,731,488 1,120,077,212

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
1,141,952,572 1,120,077,212 1,141,952,572 1,120,077,212


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
21,875,360 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
1,141,952,572 1,120,077,212 1,141,952,572 1,120,077,212

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