taxes Property Tax Assistance

2016 ISD Summary Worksheet

220/Tarrant

220-920/White Settlement ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,298,933,233 .9836 1,320,590,924 1,298,933,233
B. Multi-Family Residences 180,430,085 .9163 196,911,585 180,430,085
C1. Vacant Lots 30,321,445 N/A 30,321,445 30,321,445
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 478,670 2.7549 173,751 478,670
D2. Real Prop Farm & Ranch 153,728 N/A 153,728 153,728
E. Real Prop NonQual Acres 5,017,137 N/A 5,017,137 5,017,137
F1. Commercial Real 261,374,596 .9574 273,004,592 261,374,596
F2. Industrial Real 17,723,511 N/A 17,723,511 17,723,511
G. Oil, Gas, Minerals 18,217,350 N/A 18,217,350 18,217,350
J. Utilities 52,110,113 N/A 52,110,113 52,110,113
L1. Commercial Personal 67,623,930 N/A 67,623,930 67,623,930
L2. Industrial Personal 64,819,717 N/A 64,819,717 64,819,717
M. Other Personal 1,341,436 N/A 1,341,436 1,341,436
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,945,200 N/A 2,945,200 2,945,200
S. Special Inventory 21,801,425 N/A 21,801,425 21,801,425
Subtotal 2,023,291,576 2,072,755,844 2,023,291,576
Less Total Deductions 352,962,990   357,901,405 352,962,990
Total Taxable Value 1,670,328,586 1,714,854,439 1,670,328,586 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
1,737,850,327 1,670,328,586 1,737,850,327 1,670,328,586


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
67,521,741 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
1,737,850,327 1,670,328,586 1,737,850,327 1,670,328,586

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