taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

126/Johnson

220-908/Mansfield ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 203,650,299 N/A 203,650,299 203,650,299
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 10,249,901 N/A 10,249,901 10,249,901
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 697,626 N/A 697,626 697,626
D2. Real Prop Farm & Ranch 1,289,176 N/A 1,289,176 1,289,176
E. Real Prop NonQual Acres 60,516,821 N/A 60,516,821 60,516,821
F1. Commercial Real 26,342,195 N/A 26,342,195 26,342,195
F2. Industrial Real 63,847,979 N/A 63,847,979 63,847,979
G. Oil, Gas, Minerals 52,337,371 N/A 52,337,371 52,337,371
J. Utilities 20,749,448 N/A 20,749,448 20,749,448
L1. Commercial Personal 41,430,327 N/A 41,430,327 41,430,327
L2. Industrial Personal 77,266,431 N/A 77,266,431 77,266,431
M. Other Personal 2,959,507 N/A 2,959,507 2,959,507
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,139,534 N/A 1,139,534 1,139,534
S. Special Inventory 0 N/A 0 0
Subtotal 562,476,615 562,476,615 562,476,615
Less Total Deductions 52,499,694   52,499,694 52,499,694
Total Taxable Value 509,976,921 509,976,921 509,976,921 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
520,630,609 509,976,921 520,630,609 509,976,921


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,653,688 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
520,630,609 509,976,921 520,630,609 509,976,921

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

220-908/Mansfield 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 7,944,569,124 .9468 8,390,968,657 7,944,569,124
B. Multi-Family Residences 476,421,364 .9965 478,094,695 476,421,364
C1. Vacant Lots 184,500,773 N/A 184,500,773 184,500,773
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 870,364 1.6183 537,838 870,364
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 7,465,530 N/A 7,465,530 7,465,530
F1. Commercial Real 1,156,312,749 .9320 1,240,678,915 1,156,312,749
F2. Industrial Real 82,716,897 N/A 82,716,897 82,716,897
G. Oil, Gas, Minerals 311,083,660 1.0386 299,522,107 311,083,660
J. Utilities 129,974,957 N/A 129,974,957 129,974,957
L1. Commercial Personal 762,807,814 .9792 779,011,248 762,807,814
L2. Industrial Personal 239,238,984 N/A 239,238,984 239,238,984
M. Other Personal 19,699,969 N/A 19,699,969 19,699,969
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 64,833,482 N/A 64,833,482 64,833,482
S. Special Inventory 5,137,243 N/A 5,137,243 5,137,243
Subtotal 11,385,632,910 11,922,381,295 11,385,632,910
Less Total Deductions 1,386,373,286   1,452,070,107 1,386,373,286
Total Taxable Value 9,999,259,624 10,470,311,188 9,999,259,624 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
10,307,959,026 9,999,259,624 10,307,959,026 9,999,259,624


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
308,699,402 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
10,307,959,026 9,999,259,624 10,307,959,026 9,999,259,624

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.

220-908/Mansfield ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 8,148,219,423 .9481 8,594,618,956 8,148,219,423
B. Multi-Family Residences 476,421,364 .9965 478,094,695 476,421,364
C1. Vacant Lots 194,750,674 N/A 194,750,674 194,750,674
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,567,990 1.2692 1,235,464 1,567,990
D2. Real Prop Farm & Ranch 1,289,176 N/A 1,289,176 1,289,176
E. Real Prop NonQual Acres 67,982,351 N/A 67,982,351 67,982,351
F1. Commercial Real 1,182,654,944 .9334 1,267,021,110 1,182,654,944
F2. Industrial Real 146,564,876 N/A 146,564,876 146,564,876
G. Oil, Gas, Minerals 363,421,031 1.0329 351,859,478 363,421,031
J. Utilities 150,724,405 N/A 150,724,405 150,724,405
L1. Commercial Personal 804,238,141 .9803 820,441,575 804,238,141
L2. Industrial Personal 316,505,415 N/A 316,505,415 316,505,415
M. Other Personal 22,659,476 N/A 22,659,476 22,659,476
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 65,973,016 N/A 65,973,016 65,973,016
S. Special Inventory 5,137,243 N/A 5,137,243 5,137,243
Subtotal 11,948,109,525 12,484,857,910 11,948,109,525
Less Total Deductions 1,438,872,980   1,504,569,801 1,438,872,980
Total Taxable Value 10,509,236,545 10,980,288,109 10,509,236,545 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