taxes Property Tax Assistance

2016 ISD Summary Worksheet

220/Tarrant

220-907/Keller ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 13,652,553,243 .9684 14,098,051,676 13,652,553,243
B. Multi-Family Residences 811,564,171 1.0123 801,703,221 811,564,171
C1. Vacant Lots 291,177,293 N/A 291,177,293 291,177,293
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 316,702 1.8807 168,395 316,702
D2. Real Prop Farm & Ranch 867,552 N/A 867,552 867,552
E. Real Prop NonQual Acres 43,115,427 N/A 43,115,427 43,115,427
F1. Commercial Real 1,929,639,089 .9553 2,019,929,958 1,929,639,089
F2. Industrial Real 18,738,159 N/A 18,738,159 18,738,159
G. Oil, Gas, Minerals 2,352,610 N/A 2,352,610 2,352,610
J. Utilities 159,322,329 N/A 159,322,329 159,322,329
L1. Commercial Personal 574,935,854 1.0027 573,387,707 574,935,854
L2. Industrial Personal 31,703,213 N/A 31,703,213 31,703,213
M. Other Personal 21,400,923 N/A 21,400,923 21,400,923
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 57,018,668 N/A 57,018,668 57,018,668
S. Special Inventory 5,564,177 N/A 5,564,177 5,564,177
Subtotal 17,600,269,410 18,124,501,308 17,600,269,410
Less Total Deductions 2,596,585,596   2,680,131,224 2,596,585,596
Total Taxable Value 15,003,683,814 15,444,370,084 15,003,683,814 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
15,396,016,302 15,003,683,814 15,396,016,302 15,003,683,814


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
392,332,488 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
15,396,016,302 15,003,683,814 15,396,016,302 15,003,683,814

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