taxes Property Tax Assistance

2016 ISD Summary Worksheet

220/Tarrant

220-905/Fort Worth ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 18,669,350,597 .9532 19,585,974,189 18,669,350,597
B. Multi-Family Residences 3,426,996,559 1.0599 3,233,320,652 3,426,996,559
C1. Vacant Lots 669,032,687 .9417 710,452,041 669,032,687
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,521,572 2.1248 716,104 1,521,572
D2. Real Prop Farm & Ranch 682,733 N/A 682,733 682,733
E. Real Prop NonQual Acres 20,692,154 N/A 20,692,154 20,692,154
F1. Commercial Real 7,292,775,251 .9758 7,473,637,273 7,292,775,251
F2. Industrial Real 321,583,589 N/A 321,583,589 321,583,589
G. Oil, Gas, Minerals 226,440,990 1.0048 225,359,266 226,440,990
J. Utilities 1,152,674,164 .9346 1,233,334,222 1,152,674,164
L1. Commercial Personal 3,433,684,116 1.0109 3,396,660,516 3,433,684,116
L2. Industrial Personal 1,261,478,900 N/A 1,261,478,900 1,261,478,900
M. Other Personal 32,752,182 N/A 32,752,182 32,752,182
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 18,187,209 N/A 18,187,209 18,187,209
S. Special Inventory 147,473,645 N/A 147,473,645 147,473,645
Subtotal 36,675,326,348 37,662,304,675 36,675,326,348
Less Total Deductions 6,521,620,588   6,804,953,100 6,521,620,588
Total Taxable Value 30,153,705,760 30,857,351,575 30,153,705,760 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
30,903,276,110 30,153,705,760 30,903,276,110 30,153,705,760


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
749,570,350 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
30,903,276,110 30,153,705,760 30,903,276,110 30,153,705,760

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