taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

061/Denton

061-905/Krum ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 304,610,288 N/A 304,610,288 304,610,288
B. Multi-Family Residences 14,444,922 N/A 14,444,922 14,444,922
C1. Vacant Lots 5,491,754 N/A 5,491,754 5,491,754
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,580,438 N/A 4,580,438 4,580,438
D2. Real Prop Farm & Ranch 8,198,132 N/A 8,198,132 8,198,132
E. Real Prop NonQual Acres 102,399,187 N/A 102,399,187 102,399,187
F1. Commercial Real 34,163,093 N/A 34,163,093 34,163,093
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 250,317,552 N/A 250,317,552 250,317,552
J. Utilities 46,207,013 N/A 46,207,013 46,207,013
L1. Commercial Personal 13,730,471 N/A 13,730,471 13,730,471
L2. Industrial Personal 20,619,400 N/A 20,619,400 20,619,400
M. Other Personal 1,083,055 N/A 1,083,055 1,083,055
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,464,924 N/A 1,464,924 1,464,924
S. Special Inventory 2,264 N/A 2,264 2,264
Subtotal 807,312,493 807,312,493 807,312,493
Less Total Deductions 50,407,880   50,407,880 50,407,880
Total Taxable Value 756,904,613 756,904,613 756,904,613 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
776,347,094 756,904,613 776,347,094 756,904,613 759,007,860 759,007,860


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,442,481 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
776,347,094 756,904,613 776,347,094 756,904,613 759,007,860 759,007,860

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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

061-905/Krum ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,540 N/A 22,540 22,540
D2. Real Prop Farm & Ranch 280 N/A 280 280
E. Real Prop NonQual Acres 185,850 N/A 185,850 185,850
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 534,560 N/A 534,560 534,560
J. Utilities 125,120 N/A 125,120 125,120
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,280 N/A 4,280 4,280
Subtotal 872,630 872,630 872,630
Less Total Deductions 26,558   26,558 26,558
Total Taxable Value 846,072 846,072 846,072 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
856,072 846,072 856,072 846,072 846,072 846,072


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
856,072 846,072 856,072 846,072 846,072 846,072

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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/Krum ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 304,610,288 N/A 304,610,288 304,610,288
B. Multi-Family Residences 14,444,922 N/A 14,444,922 14,444,922
C1. Vacant Lots 5,491,754 N/A 5,491,754 5,491,754
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,602,978 N/A 4,602,978 4,602,978
D2. Real Prop Farm & Ranch 8,198,412 N/A 8,198,412 8,198,412
E. Real Prop NonQual Acres 102,585,037 N/A 102,585,037 102,585,037
F1. Commercial Real 34,163,093 N/A 34,163,093 34,163,093
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 250,852,112 N/A 250,852,112 250,852,112
J. Utilities 46,332,133 N/A 46,332,133 46,332,133
L1. Commercial Personal 13,730,471 N/A 13,730,471 13,730,471
L2. Industrial Personal 20,619,400 N/A 20,619,400 20,619,400
M. Other Personal 1,083,055 N/A 1,083,055 1,083,055
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,464,924 N/A 1,464,924 1,464,924
S. Special Inventory 6,544 N/A 6,544 6,544
Subtotal 808,185,123 808,185,123 808,185,123
Less Total Deductions 50,434,438   50,434,438 50,434,438
Total Taxable Value 757,750,685 757,750,685 757,750,685 T2

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