taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

220/Tarrant

220-916/Hurst-Euless-Bedford 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 5,396,818,430 .8902 6,062,478,578 5,396,818,430
B. Multi-Family Residences 1,490,953,213 .9838 1,515,504,384 1,490,953,213
C1. Vacant Lots 192,162,716 N/A 192,162,716 192,162,716
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 27,505 2.3719 11,596 27,505
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 95,228 N/A 95,228 95,228
F1. Commercial Real 1,858,037,858 .9108 2,040,006,432 1,858,037,858
F2. Industrial Real 117,680,040 N/A 117,680,040 117,680,040
G. Oil, Gas, Minerals 29,039,860 N/A 29,039,860 29,039,860
J. Utilities 197,116,543 .9617 204,966,770 197,116,543
L1. Commercial Personal 1,248,138,202 .9932 1,256,683,651 1,248,138,202
L2. Industrial Personal 374,224,082 N/A 374,224,082 374,224,082
M. Other Personal 10,065,191 N/A 10,065,191 10,065,191
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 50,587,946 N/A 50,587,946 50,587,946
S. Special Inventory 24,638,401 N/A 24,638,401 24,638,401
Subtotal 10,989,585,215 11,878,144,875 10,989,585,215
Less Total Deductions 1,386,155,742   1,558,790,256 1,386,155,742
Total Taxable Value 9,603,429,473 10,319,354,619 9,603,429,473 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
9,876,451,194 9,603,429,473 9,807,308,575 9,534,286,854


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
273,021,721 69,142,619


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
9,876,451,194 9,603,429,473 9,807,308,575 9,534,286,854

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.