taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

220/Tarrant

220-917/Castleberry 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 387,746,523 .8761 442,582,494 387,746,523
B. Multi-Family Residences 25,377,666 N/A 25,377,666 25,377,666
C1. Vacant Lots 9,456,911 N/A 9,456,911 9,456,911
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,492 .9424 9,011 8,492
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 0 N/A 0 0
F1. Commercial Real 68,562,947 .9040 75,843,968 68,562,947
F2. Industrial Real 3,907,850 N/A 3,907,850 3,907,850
G. Oil, Gas, Minerals 9,365,630 N/A 9,365,630 9,365,630
J. Utilities 9,661,352 N/A 9,661,352 9,661,352
L1. Commercial Personal 30,729,355 N/A 30,729,355 30,729,355
L2. Industrial Personal 37,146,438 N/A 37,146,438 37,146,438
M. Other Personal 4,486,639 N/A 4,486,639 4,486,639
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 940,018 N/A 940,018 940,018
S. Special Inventory 841,111 N/A 841,111 841,111
Subtotal 588,230,932 650,348,443 588,230,932
Less Total Deductions 150,539,928   165,039,109 150,539,928
Total Taxable Value 437,691,004 485,309,334 437,691,004 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
469,571,703 437,691,004 469,571,703 437,691,004


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,880,699 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
469,571,703 437,691,004 469,571,703 437,691,004

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.