taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

220/Tarrant

220-905/Fort Worth 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 15,713,319,893 .8885 17,685,222,164 15,713,319,893
B. Multi-Family Residences 2,680,691,198 .9460 2,833,711,626 2,680,691,198
C1. Vacant Lots 597,474,010 .9518 627,730,626 597,474,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,508,959 2.2459 671,879 1,508,959
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 4,360,770 N/A 4,360,770 4,360,770
F1. Commercial Real 7,144,046,753 .8381 8,524,098,262 7,144,046,753
F2. Industrial Real 279,681,108 N/A 279,681,108 279,681,108
G. Oil, Gas, Minerals 695,423,490 1.0109 687,925,106 695,423,490
J. Utilities 832,679,300 .9885 842,366,515 832,679,300
L1. Commercial Personal 3,117,534,880 1.0010 3,114,420,460 3,117,534,880
L2. Industrial Personal 1,422,904,228 N/A 1,422,904,228 1,422,904,228
M. Other Personal 29,467,411 N/A 29,467,411 29,467,411
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 62,516,283 N/A 62,516,283 62,516,283
S. Special Inventory 135,857,248 N/A 135,857,248 135,857,248
Subtotal 32,717,465,531 36,250,933,686 32,717,465,531
Less Total Deductions 5,079,190,163   5,619,248,935 5,079,190,163
Total Taxable Value 27,638,275,368 30,631,684,751 27,638,275,368 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
28,371,730,112 27,638,275,368 28,371,730,112 27,638,275,368


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
733,454,744 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
28,371,730,112 27,638,275,368 28,371,730,112 27,638,275,368

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.