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

T1	T2	T3	T4	T13
1,478,158,168	1,445,141,535	1,478,158,168	1,445,141,535	1,502,468,168

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
33,016,633	0	24,310,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,478,158,168	1,445,141,535	1,478,158,168	1,445,141,535	1,502,468,168

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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

T1	T2	T3	T4	T13
6,473,536	6,448,536	6,473,536	6,448,536	6,543,536

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
25,000	0	70,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
6,473,536	6,448,536	6,473,536	6,448,536	6,543,536

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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

T1	T2	T3	T4	T13
1,484,631,704	1,451,590,071	1,484,631,704	1,451,590,071	1,509,011,704

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
33,041,633	0	24,380,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,484,631,704	1,451,590,071	1,484,631,704	1,451,590,071	1,509,011,704

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement