taxes Property Tax Assistance

2022 ISD Summary Worksheet

061-Denton/Denton County

061-905/Krum ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 880,007,930 N/A 880,007,930 880,007,930
B - MULTIFAMILY 30,654,922 N/A 30,654,922 30,654,922
C1 - VACANT LOTS 25,873,025 N/A 25,873,025 25,873,025
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,494,863 N/A 3,494,863 3,494,863
D2 - FARM & RANCH IMP 10,586,832 N/A 10,586,832 10,586,832
E - NON-AG LAND AND IMPROVEMENTS 290,056,418 N/A 290,056,418 290,056,418
F1 - COMMERCIAL REAL 89,862,708 N/A 89,862,708 89,862,708
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 193,318,814 N/A 193,318,814 193,318,814
J - ALL UTILITIES 74,696,245 N/A 74,696,245 74,696,245
L1 - COMMERCIAL PERSONAL 36,788,629 N/A 36,788,629 36,788,629
L2 - INDUSTRIAL PERSONAL 39,301,819 N/A 39,301,819 39,301,819
M1 - MOBILE HOMES 3,218,294 N/A 3,218,294 3,218,294
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 17,324,478 N/A 17,324,478 17,324,478
S - SPECIAL INVENTORY 283,573 N/A 283,573 283,573
Subtotal 1,695,468,550 0 1,695,468,550 1,695,468,550
Less Total Deductions 250,327,015 0 250,327,015 250,327,015
Total Taxable Value 1,445,141,535 0 1,445,141,535 1,445,141,535

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

Measure Value Description
T1 1,478,158,168 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,445,141,535 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,478,158,168 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,445,141,535 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,502,468,168 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,478,158,168 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,445,141,535 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,478,158,168 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,445,141,535 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,502,468,168 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 33,016,633 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 24,310,000 Loss to the previous increase in the state-mandated homestead

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 599,932 N/A 599,932 599,932
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 0 N/A 0 0
D2 - FARM & RANCH IMP 9,417 N/A 9,417 9,417
E - NON-AG LAND AND IMPROVEMENTS 2,488,631 N/A 2,488,631 2,488,631
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 3,611,752 N/A 3,611,752 3,611,752
J - ALL UTILITIES 97,658 N/A 97,658 97,658
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
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 6,807,390 0 6,807,390 6,807,390
Less Total Deductions 358,854 0 358,854 358,854
Total Taxable Value 6,448,536 0 6,448,536 6,448,536

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

Measure Value Description
T1 6,473,536 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,448,536 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 6,473,536 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,448,536 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,543,536 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 6,473,536 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,448,536 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 6,473,536 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,448,536 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,543,536 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 25,000 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 70,000 Loss to the previous increase in the state-mandated homestead

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

061-905-02/Krum ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 880,607,862 N/A 880,607,862 880,607,862
B - MULTIFAMILY 30,654,922 N/A 30,654,922 30,654,922
C1 - VACANT LOTS 25,873,025 N/A 25,873,025 25,873,025
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,494,863 N/A 3,494,863 3,494,863
D2 - FARM & RANCH IMP 10,596,249 N/A 10,596,249 10,596,249
E - NON-AG LAND AND IMPROVEMENTS 292,545,049 N/A 292,545,049 292,545,049
F1 - COMMERCIAL REAL 89,862,708 N/A 89,862,708 89,862,708
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 196,930,566 N/A 196,930,566 196,930,566
J - ALL UTILITIES 74,793,903 N/A 74,793,903 74,793,903
L1 - COMMERCIAL PERSONAL 36,788,629 N/A 36,788,629 36,788,629
L2 - INDUSTRIAL PERSONAL 39,301,819 N/A 39,301,819 39,301,819
M1 - MOBILE HOMES 3,218,294 N/A 3,218,294 3,218,294
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 17,324,478 N/A 17,324,478 17,324,478
S - SPECIAL INVENTORY 283,573 N/A 283,573 283,573
Subtotal 1,702,275,940 1,702,275,940 1,702,275,940
Less Total Deductions 250,685,869 250,685,869 250,685,869
Total Taxable Value 1,451,590,071 1,451,590,071 1,451,590,071

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

Measure Value Description
T1 1,484,631,704 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,451,590,071 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,484,631,704 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,451,590,071 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,509,011,704 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,484,631,704 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,451,590,071 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,484,631,704 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,451,590,071 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,509,011,704 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 33,041,633 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 24,380,000 Loss to the previous increase in the state-mandated homestead