taxes Property Tax Assistance

2016 ISD Summary Worksheet

220/Tarrant

220-919/Carroll ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 6,169,136,214 .9583 6,437,583,444 6,169,136,214
B. Multi-Family Residences 4,178,617 N/A 4,178,617 4,178,617
C1. Vacant Lots 156,281,383 N/A 156,281,383 156,281,383
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 123,620 1.9246 64,233 123,620
D2. Real Prop Farm & Ranch 607,946 N/A 607,946 607,946
E. Real Prop NonQual Acres 32,927,472 N/A 32,927,472 32,927,472
F1. Commercial Real 1,281,255,869 .9845 1,301,428,003 1,281,255,869
F2. Industrial Real 1,681,843 N/A 1,681,843 1,681,843
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 244,862,830 N/A 244,862,830 244,862,830
L1. Commercial Personal 288,756,512 1.0418 277,170,774 288,756,512
L2. Industrial Personal 8,644,731 N/A 8,644,731 8,644,731
M. Other Personal 30,100 N/A 30,100 30,100
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 36,894,022 N/A 36,894,022 36,894,022
S. Special Inventory 1,611,562 N/A 1,611,562 1,611,562
Subtotal 8,226,992,721 8,503,966,960 8,226,992,721
Less Total Deductions 1,144,949,798   1,192,127,161 1,144,949,798
Total Taxable Value 7,082,042,923 7,311,839,799 7,082,042,923 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
7,162,478,978 7,082,042,923 7,162,478,978 7,082,042,923


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
80,436,055 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
7,162,478,978 7,082,042,923 7,162,478,978 7,082,042,923

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