taxes Property Tax Assistance

2024 ISD Summary Worksheet

Krum ISD (all splits)   Denton County   Wise County  

061-Denton/Denton County

061-905/Krum ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,298,042,154 N/A 1,298,042,154 1,298,042,154
B - MULTIFAMILY 56,277,696 N/A 56,277,696 56,277,696
C1 - VACANT LOTS 30,138,695 N/A 30,138,695 30,138,695
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,332,403 N/A 3,332,403 3,332,403
D2 - FARM & RANCH IMP 12,359,879 N/A 12,359,879 12,359,879
E - NON-AG LAND AND IMPROVEMENTS 391,002,248 N/A 391,002,248 391,002,248
F1 - COMMERCIAL REAL 155,051,978 N/A 155,051,978 155,051,978
F2 - INDUSTRIAL REAL 115,919,100 N/A 115,919,100 115,919,100
G - ALL MINERALS 130,726,067 N/A 130,726,067 130,726,067
J - ALL UTILITIES 88,550,573 N/A 88,550,573 88,550,573
L1 - COMMERCIAL PERSONAL 74,404,200 N/A 74,404,200 74,404,200
L2 - INDUSTRIAL PERSONAL 58,165,789 N/A 58,165,789 58,165,789
M1 - MOBILE HOMES 4,149,685 N/A 4,149,685 4,149,685
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 23,753,493 N/A 23,753,493 23,753,493
S - SPECIAL INVENTORY 803,545 N/A 803,545 803,545
Subtotal 2,442,677,505 0 2,442,677,505 2,442,677,505
Less Total Deductions 507,739,557 0 507,739,557 507,739,557
Total Taxable Value 1,934,937,948 0 1,934,937,948 1,934,937,948

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's office 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 school 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 2,094,612,067 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,934,937,948 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,094,612,067 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,934,937,948 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,137,977,067 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,166,887,067 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,935,065,204 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,094,612,067 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,934,937,948 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,094,612,067 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,934,937,948 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,137,977,067 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,166,887,067 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,935,065,204 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 159,674,119 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 43,365,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 28,910,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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249-Wise/Wise County

061-905/Krum ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 672,842 N/A 672,842 672,842
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,532 N/A 18,532 18,532
D2 - FARM & RANCH IMP 75,418 N/A 75,418 75,418
E - NON-AG LAND AND IMPROVEMENTS 4,344,119 N/A 4,344,119 4,344,119
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 2,718,470 N/A 2,718,470 2,718,470
J - ALL UTILITIES 189,250 N/A 189,250 189,250
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 8,018,631 0 8,018,631 8,018,631
Less Total Deductions 579,728 0 579,728 579,728
Total Taxable Value 7,438,903 0 7,438,903 7,438,903

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's office 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 school 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 7,667,373 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,438,903 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 7,667,373 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,438,903 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,772,373 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 7,842,373 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 7,438,903 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 7,667,373 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,438,903 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 7,667,373 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,438,903 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,772,373 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 7,842,373 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 7,438,903 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 228,470 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 105,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 70,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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061-905-02/Krum ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,298,042,154 N/A 1,298,042,154 1,298,042,154
B - MULTIFAMILY 56,277,696 N/A 56,277,696 56,277,696
C1 - VACANT LOTS 30,811,537 N/A 30,811,537 30,811,537
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,350,935 N/A 3,350,935 3,350,935
D2 - FARM & RANCH IMP 12,435,297 N/A 12,435,297 12,435,297
E - NON-AG LAND AND IMPROVEMENTS 395,346,367 N/A 395,346,367 395,346,367
F1 - COMMERCIAL REAL 155,051,978 N/A 155,051,978 155,051,978
F2 - INDUSTRIAL REAL 115,919,100 N/A 115,919,100 115,919,100
G - ALL MINERALS 133,444,537 N/A 133,444,537 133,444,537
J - ALL UTILITIES 88,739,823 N/A 88,739,823 88,739,823
L1 - COMMERCIAL PERSONAL 74,404,200 N/A 74,404,200 74,404,200
L2 - INDUSTRIAL PERSONAL 58,165,789 N/A 58,165,789 58,165,789
M1 - MOBILE HOMES 4,149,685 N/A 4,149,685 4,149,685
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 23,753,493 N/A 23,753,493 23,753,493
S - SPECIAL INVENTORY 803,545 N/A 803,545 803,545
Subtotal 2,450,696,136 2,450,696,136 2,450,696,136
Less Total Deductions 508,319,285 508,319,285 508,319,285
Total Taxable Value 1,942,376,851 1,942,376,851 1,942,376,851

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's office 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 school 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 2,102,279,440 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,942,376,851 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,102,279,440 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,942,376,851 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,145,749,440 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,174,729,440 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,942,504,107 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,102,279,440 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,942,376,851 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,102,279,440 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,942,376,851 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,145,749,440 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,174,729,440 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,942,504,107 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 159,902,589 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 43,470,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 28,980,000 Loss to the third most recent increase in the state-mandated homestead exemption

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