taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

220/Tarrant

220-920/White Settlement 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 1,067,709,486 .9207 1,159,671,430 1,067,709,486
B. Multi-Family Residences 153,164,347 .9367 163,514,836 153,164,347
C1. Vacant Lots 29,188,094 N/A 29,188,094 29,188,094
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 457,022 2.8515 160,277 457,022
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 2,282,076 N/A 2,282,076 2,282,076
F1. Commercial Real 246,231,761 .9228 266,831,124 246,231,761
F2. Industrial Real 12,158,599 N/A 12,158,599 12,158,599
G. Oil, Gas, Minerals 66,031,630 N/A 66,031,630 66,031,630
J. Utilities 28,938,776 N/A 28,938,776 28,938,776
L1. Commercial Personal 72,582,404 1.0373 69,972,432 72,582,404
L2. Industrial Personal 119,078,909 N/A 119,078,909 119,078,909
M. Other Personal 1,159,887 N/A 1,159,887 1,159,887
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 9,511,538 N/A 9,511,538 9,511,538
S. Special Inventory 10,588,090 N/A 10,588,090 10,588,090
Subtotal 1,819,082,619 1,939,087,698 1,819,082,619
Less Total Deductions 238,340,333   255,347,560 238,340,333
Total Taxable Value 1,580,742,286 1,683,740,138 1,580,742,286 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
1,645,081,771 1,580,742,286 1,645,081,771 1,580,742,286


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
64,339,485 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
1,645,081,771 1,580,742,286 1,645,081,771 1,580,742,286

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.