taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

061/Denton

061-907/Aubrey ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 531,712,635 .9615 553,003,261 531,712,635
B. Multi-Family Residences 12,170,059 N/A 12,170,059 12,170,059
C1. Vacant Lots 20,311,137 N/A 20,311,137 20,311,137
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,078,215 1.0321 2,013,638 2,078,215
D2. Real Prop Farm & Ranch 14,872,803 N/A 14,872,803 14,872,803
E. Real Prop NonQual Acres 121,518,341 .9479 128,197,427 121,518,341
F1. Commercial Real 48,324,192 .9801 49,305,369 48,324,192
F2. Industrial Real 1,603,359 N/A 1,603,359 1,603,359
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 42,084,314 .9340 45,058,152 42,084,314
L1. Commercial Personal 26,027,905 N/A 26,027,905 26,027,905
L2. Industrial Personal 445,884 N/A 445,884 445,884
M. Other Personal 475,240 N/A 475,240 475,240
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 604,088 N/A 604,088 604,088
S. Special Inventory 6,458 N/A 6,458 6,458
Subtotal 822,234,630 854,094,780 822,234,630
Less Total Deductions 105,183,586   109,676,370 105,183,586
Total Taxable Value 717,051,044 744,418,410 717,051,044 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
741,342,617 717,051,044 741,342,617 717,051,044


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,291,573 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
741,342,617 717,051,044 741,342,617 717,051,044

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