taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

129/Kaufman

129-901/Crandall ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 572,721,850 .9580 597,830,741 572,721,850
B. Multi-Family Residences 1,975,690 N/A 1,975,690 1,975,690
C1. Vacant Lots 7,565,400 N/A 7,565,400 7,565,400
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,656,720 .9848 5,744,198 5,656,720
D2. Real Prop Farm & Ranch 1,868,530 N/A 1,868,530 1,868,530
E. Real Prop NonQual Acres 43,192,894 1.1017 39,205,677 43,192,894
F1. Commercial Real 21,007,249 N/A 21,007,249 21,007,249
F2. Industrial Real 246,340 N/A 246,340 246,340
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,217,780 N/A 9,217,780 9,217,780
L1. Commercial Personal 6,596,440 N/A 6,596,440 6,596,440
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 3,831,050 N/A 3,831,050 3,831,050
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,990,950 N/A 4,990,950 4,990,950
S. Special Inventory 77,030 N/A 77,030 77,030
Subtotal 678,947,923 700,157,075 678,947,923
Less Total Deductions 103,849,215   107,773,091 103,849,215
Total Taxable Value 575,098,708 592,383,984 575,098,708 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
606,932,240 575,098,708 606,932,240 575,098,708


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,833,532 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
606,932,240 575,098,708 606,932,240 575,098,708

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