taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

220/Tarrant

220-917/Castleberry ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 390,344,470 N/A 390,344,470 390,344,470
B. Multi-Family Residences 23,792,062 N/A 23,792,062 23,792,062
C1. Vacant Lots 11,158,999 N/A 11,158,999 11,158,999
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,272 N/A 13,272 13,272
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 1,000 N/A 1,000 1,000
F1. Commercial Real 68,287,566 N/A 68,287,566 68,287,566
F2. Industrial Real 4,086,450 N/A 4,086,450 4,086,450
G. Oil, Gas, Minerals 10,026,350 N/A 10,026,350 10,026,350
J. Utilities 13,557,323 N/A 13,557,323 13,557,323
L1. Commercial Personal 23,495,680 N/A 23,495,680 23,495,680
L2. Industrial Personal 31,257,372 N/A 31,257,372 31,257,372
M. Other Personal 4,537,052 N/A 4,537,052 4,537,052
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 944,284 N/A 944,284 944,284
S. Special Inventory 0 N/A 0 0
Subtotal 581,501,880 581,501,880 581,501,880
Less Total Deductions 100,299,458   100,299,458 100,299,458
Total Taxable Value 481,202,422 481,202,422 481,202,422 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
514,485,131 481,202,422 514,485,131 481,202,422 486,065,964 486,065,964


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
33,282,709 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
514,485,131 481,202,422 514,485,131 481,202,422 486,065,964 486,065,964

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