taxes Property Tax Assistance

2016 ISD Summary Worksheet

220/Tarrant

220-917/Castleberry ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 482,279,982 .9730 495,662,880 482,279,982
B. Multi-Family Residences 29,541,406 N/A 29,541,406 29,541,406
C1. Vacant Lots 11,980,835 N/A 11,980,835 11,980,835
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,991 .9369 2,125 1,991
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 33,422 N/A 33,422 33,422
F1. Commercial Real 88,716,080 .8687 102,125,106 88,716,080
F2. Industrial Real 4,995,937 N/A 4,995,937 4,995,937
G. Oil, Gas, Minerals 783,150 N/A 783,150 783,150
J. Utilities 14,505,331 N/A 14,505,331 14,505,331
L1. Commercial Personal 27,446,134 .9873 27,799,184 27,446,134
L2. Industrial Personal 36,649,706 N/A 36,649,706 36,649,706
M. Other Personal 4,463,400 N/A 4,463,400 4,463,400
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 9,024,001 N/A 9,024,001 9,024,001
S. Special Inventory 874,536 N/A 874,536 874,536
Subtotal 711,295,911 738,441,019 711,295,911
Less Total Deductions 173,448,360   177,601,834 173,448,360
Total Taxable Value 537,847,551 560,839,185 537,847,551 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
570,030,520 537,847,551 570,030,520 537,847,551


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,182,969 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
570,030,520 537,847,551 570,030,520 537,847,551

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