taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

061/Denton

061-905/Krum ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 333,110,314 .9496 350,790,137 333,110,314
B. Multi-Family Residences 14,916,454 N/A 14,916,454 14,916,454
C1. Vacant Lots 5,164,689 N/A 5,164,689 5,164,689
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,612,903 .9198 5,015,271 4,612,903
D2. Real Prop Farm & Ranch 8,553,598 N/A 8,553,598 8,553,598
E. Real Prop NonQual Acres 113,466,870 1.0006 113,398,831 113,466,870
F1. Commercial Real 34,231,407 N/A 34,231,407 34,231,407
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 201,223,942 1.0241 196,488,568 201,223,942
J. Utilities 62,955,040 .7775 80,971,113 62,955,040
L1. Commercial Personal 13,222,429 N/A 13,222,429 13,222,429
L2. Industrial Personal 18,244,423 N/A 18,244,423 18,244,423
M. Other Personal 1,089,787 N/A 1,089,787 1,089,787
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 48,892 N/A 48,892 48,892
S. Special Inventory 3,571 N/A 3,571 3,571
Subtotal 810,844,319 842,139,170 810,844,319
Less Total Deductions 75,823,104   79,741,328 75,823,104
Total Taxable Value 735,021,215 762,397,842 735,021,215 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
754,443,723 735,021,215 754,443,723 735,021,215


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,422,508 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
754,443,723 735,021,215 754,443,723 735,021,215

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 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) 22,550 N/A 22,550 22,550
D2. Real Prop Farm & Ranch 280 N/A 280 280
E. Real Prop NonQual Acres 125,880 N/A 125,880 125,880
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 458,370 N/A 458,370 458,370
J. Utilities 121,430 N/A 121,430 121,430
L1. Commercial Personal 100 N/A 100 100
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 732,890 732,890 732,890
Less Total Deductions 35,000   35,000 35,000
Total Taxable Value 697,890 697,890 697,890 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
707,890 697,890 707,890 697,890


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
707,890 697,890 707,890 697,890

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

The PVS found your local value to be valid, and local value was certified

061-905/Krum ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 333,110,314 .9496 350,790,137 333,110,314
B. Multi-Family Residences 14,916,454 N/A 14,916,454 14,916,454
C1. Vacant Lots 5,164,689 N/A 5,164,689 5,164,689
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,635,453 .9201 5,037,821 4,635,453
D2. Real Prop Farm & Ranch 8,553,878 N/A 8,553,878 8,553,878
E. Real Prop NonQual Acres 113,592,750 1.0006 113,524,711 113,592,750
F1. Commercial Real 34,231,407 N/A 34,231,407 34,231,407
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 201,682,312 1.0240 196,946,938 201,682,312
J. Utilities 63,076,470 .7778 81,092,543 63,076,470
L1. Commercial Personal 13,222,529 N/A 13,222,529 13,222,529
L2. Industrial Personal 18,244,423 N/A 18,244,423 18,244,423
M. Other Personal 1,089,787 N/A 1,089,787 1,089,787
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 48,892 N/A 48,892 48,892
S. Special Inventory 7,851 N/A 7,851 7,851
Subtotal 811,577,209 842,872,060 811,577,209
Less Total Deductions 75,858,104   79,776,328 75,858,104
Total Taxable Value 735,719,105 763,095,732 735,719,105 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