taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

220/Tarrant

220-902/Birdville 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 4,747,605,921 .8981 5,286,277,609 4,747,605,921
B. Multi-Family Residences 822,348,459 1.0380 792,243,217 822,348,459
C1. Vacant Lots 120,178,761 N/A 120,178,761 120,178,761
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 45,313 1.5874 28,546 45,313
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 0 N/A 0 0
F1. Commercial Real 1,614,418,678 .8848 1,824,614,238 1,614,418,678
F2. Industrial Real 88,721,035 N/A 88,721,035 88,721,035
G. Oil, Gas, Minerals 83,393,580 N/A 83,393,580 83,393,580
J. Utilities 97,972,157 N/A 97,972,157 97,972,157
L1. Commercial Personal 752,887,612 1.0115 744,327,842 752,887,612
L2. Industrial Personal 203,505,222 N/A 203,505,222 203,505,222
M. Other Personal 9,815,878 N/A 9,815,878 9,815,878
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 12,260,012 N/A 12,260,012 12,260,012
S. Special Inventory 71,203,955 N/A 71,203,955 71,203,955
Subtotal 8,624,356,583 9,334,542,052 8,624,356,583
Less Total Deductions 1,119,744,119   1,256,227,966 1,119,744,119
Total Taxable Value 7,504,612,464 8,078,314,086 7,504,612,464 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
7,766,425,604 7,504,612,464 7,766,425,604 7,504,612,464


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
261,813,140 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
7,766,425,604 7,504,612,464 7,766,425,604 7,504,612,464

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.