taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

126/Johnson

126-902/Burleson ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,767,573,989 .9499 1,860,800,073 1,767,573,989
B. Multi-Family Residences 71,195,075 N/A 71,195,075 71,195,075
C1. Vacant Lots 58,167,531 N/A 58,167,531 58,167,531
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 761,542 1.4356 530,462 761,542
D2. Real Prop Farm & Ranch 2,855,408 N/A 2,855,408 2,855,408
E. Real Prop NonQual Acres 163,129,712 .9217 176,987,862 163,129,712
F1. Commercial Real 301,913,122 .9614 314,034,868 301,913,122
F2. Industrial Real 34,955,613 N/A 34,955,613 34,955,613
G. Oil, Gas, Minerals 225,180,235 1.0324 218,113,362 225,180,235
J. Utilities 73,731,885 N/A 73,731,885 73,731,885
L1. Commercial Personal 121,670,020 N/A 121,670,020 121,670,020
L2. Industrial Personal 39,956,266 N/A 39,956,266 39,956,266
M. Other Personal 7,448,482 N/A 7,448,482 7,448,482
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,476,018 N/A 1,476,018 1,476,018
S. Special Inventory 11,419,554 N/A 11,419,554 11,419,554
Subtotal 2,881,434,452 2,993,342,479 2,881,434,452
Less Total Deductions 469,194,048   493,991,527 469,194,048
Total Taxable Value 2,412,240,404 2,499,350,952 2,412,240,404 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
2,501,627,846 2,412,240,404 2,501,627,846 2,412,240,404


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
89,387,442 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
2,501,627,846 2,412,240,404 2,501,627,846 2,412,240,404

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

220/Tarrant

126-902/Burleson ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 794,593,652 .9031 879,851,237 794,593,652
B. Multi-Family Residences 14,418,054 N/A 14,418,054 14,418,054
C1. Vacant Lots 28,618,317 N/A 28,618,317 28,618,317
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 189,790 1.4741 128,751 189,790
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 1,805,461 N/A 1,805,461 1,805,461
F1. Commercial Real 274,515,727 .9119 301,037,095 274,515,727
F2. Industrial Real 5,337,630 N/A 5,337,630 5,337,630
G. Oil, Gas, Minerals 82,367,790 .9904 83,166,185 82,367,790
J. Utilities 38,250,341 N/A 38,250,341 38,250,341
L1. Commercial Personal 89,115,996 .9521 93,599,408 89,115,996
L2. Industrial Personal 6,051,507 N/A 6,051,507 6,051,507
M. Other Personal 914,683 N/A 914,683 914,683
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 16,048,123 N/A 16,048,123 16,048,123
S. Special Inventory 13,583,862 N/A 13,583,862 13,583,862
Subtotal 1,365,810,933 1,482,810,654 1,365,810,933
Less Total Deductions 158,053,091   173,813,730 158,053,091
Total Taxable Value 1,207,757,842 1,308,996,924 1,207,757,842 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
1,245,228,179 1,207,757,842 1,245,228,179 1,207,757,842


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
37,470,337 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
1,245,228,179 1,207,757,842 1,245,228,179 1,207,757,842

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 invalid, but local value was certified because your school district is in year one of the grace period.

126-902/Burleson ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,562,167,641 .9349 2,740,651,310 2,562,167,641
B. Multi-Family Residences 85,613,129 N/A 85,613,129 85,613,129
C1. Vacant Lots 86,785,848 N/A 86,785,848 86,785,848
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 951,332 1.4431 659,213 951,332
D2. Real Prop Farm & Ranch 2,855,408 N/A 2,855,408 2,855,408
E. Real Prop NonQual Acres 164,935,173 .9225 178,793,323 164,935,173
F1. Commercial Real 576,428,849 .9372 615,071,963 576,428,849
F2. Industrial Real 40,293,243 N/A 40,293,243 40,293,243
G. Oil, Gas, Minerals 307,548,025 1.0208 301,279,547 307,548,025
J. Utilities 111,982,226 N/A 111,982,226 111,982,226
L1. Commercial Personal 210,786,016 .9792 215,269,428 210,786,016
L2. Industrial Personal 46,007,773 N/A 46,007,773 46,007,773
M. Other Personal 8,363,165 N/A 8,363,165 8,363,165
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 17,524,141 N/A 17,524,141 17,524,141
S. Special Inventory 25,003,416 N/A 25,003,416 25,003,416
Subtotal 4,247,245,385 4,476,153,133 4,247,245,385
Less Total Deductions 627,247,139   667,805,257 627,247,139
Total Taxable Value 3,619,998,246 3,808,347,876 3,619,998,246 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