taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

220/Tarrant

220-919/Carroll 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 5,146,759,123 .9137 5,632,876,352 5,146,759,123
B. Multi-Family Residences 2,301,400 N/A 2,301,400 2,301,400
C1. Vacant Lots 111,310,502 N/A 111,310,502 111,310,502
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 130,888 2.0687 63,270 130,888
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 2,323,329 N/A 2,323,329 2,323,329
F1. Commercial Real 1,128,422,142 .9322 1,210,493,609 1,128,422,142
F2. Industrial Real 1,851,042 N/A 1,851,042 1,851,042
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 207,811,474 N/A 207,811,474 207,811,474
L1. Commercial Personal 258,730,571 1.0193 253,831,621 258,730,571
L2. Industrial Personal 8,374,419 N/A 8,374,419 8,374,419
M. Other Personal 33,900 N/A 33,900 33,900
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 83,331,362 N/A 83,331,362 83,331,362
S. Special Inventory 1,348 N/A 1,348 1,348
Subtotal 6,951,381,500 7,514,603,628 6,951,381,500
Less Total Deductions 664,171,382   723,351,090 664,171,382
Total Taxable Value 6,287,210,118 6,791,252,538 6,287,210,118 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
6,364,566,120 6,287,210,118 6,364,566,120 6,287,210,118


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
77,356,002 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
6,364,566,120 6,287,210,118 6,364,566,120 6,287,210,118

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.