taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

220/Tarrant

220-901/Arlington 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 10,865,658,927 .9086 11,958,682,508 10,865,658,927
B. Multi-Family Residences 2,701,269,566 .9639 2,802,437,562 2,701,269,566
C1. Vacant Lots 289,250,947 .9379 308,402,758 289,250,947
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 84,149 1.2044 69,868 84,149
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 47,700 N/A 47,700 47,700
F1. Commercial Real 5,241,419,377 .8827 5,937,939,704 5,241,419,377
F2. Industrial Real 304,844,660 N/A 304,844,660 304,844,660
G. Oil, Gas, Minerals 273,473,220 1.0191 268,347,777 273,473,220
J. Utilities 249,955,591 .9687 258,031,992 249,955,591
L1. Commercial Personal 2,969,804,019 1.0145 2,927,357,338 2,969,804,019
L2. Industrial Personal 1,648,262,728 N/A 1,648,262,728 1,648,262,728
M. Other Personal 19,400,712 N/A 19,400,712 19,400,712
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 14,222,323 N/A 14,222,323 14,222,323
S. Special Inventory 144,436,075 N/A 144,436,075 144,436,075
Subtotal 24,722,129,994 26,592,483,705 24,722,129,994
Less Total Deductions 3,752,388,988   4,018,236,560 3,752,388,988
Total Taxable Value 20,969,741,006 22,574,247,145 20,969,741,006 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
21,524,448,983 20,969,741,006 21,524,448,983 20,969,741,006


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
554,707,977 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
21,524,448,983 20,969,741,006 21,524,448,983 20,969,741,006

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.