taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

220/Tarrant

220-904/Everman 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 467,027,474 .8485 550,415,408 467,027,474
B. Multi-Family Residences 22,061,192 N/A 22,061,192 22,061,192
C1. Vacant Lots 20,754,207 N/A 20,754,207 20,754,207
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 415,422 1.5575 266,730 415,422
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 1,595,467 N/A 1,595,467 1,595,467
F1. Commercial Real 124,791,247 .9277 134,516,813 124,791,247
F2. Industrial Real 147,212,561 N/A 147,212,561 147,212,561
G. Oil, Gas, Minerals 37,322,540 N/A 37,322,540 37,322,540
J. Utilities 76,187,610 .9739 78,229,397 76,187,610
L1. Commercial Personal 101,337,229 1.0324 98,156,944 101,337,229
L2. Industrial Personal 189,550,250 N/A 189,550,250 189,550,250
M. Other Personal 9,295,289 N/A 9,295,289 9,295,289
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,545,639 N/A 11,545,639 11,545,639
S. Special Inventory 779,233 N/A 779,233 779,233
Subtotal 1,209,875,360 1,301,701,670 1,209,875,360
Less Total Deductions 167,610,793   186,705,636 167,610,793
Total Taxable Value 1,042,264,567 1,114,996,034 1,042,264,567 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
1,079,625,568 1,042,264,567 1,079,625,568 1,042,264,567


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
37,361,001 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
1,079,625,568 1,042,264,567 1,079,625,568 1,042,264,567

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.