taxes Property Tax Assistance

2016 ISD Summary Worksheet

061/Denton

061-905/Krum ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 368,379,487 N/A 368,379,487 368,379,487
B. Multi-Family Residences 15,624,341 N/A 15,624,341 15,624,341
C1. Vacant Lots 6,282,705 N/A 6,282,705 6,282,705
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,556,059 N/A 4,556,059 4,556,059
D2. Real Prop Farm & Ranch 8,911,085 N/A 8,911,085 8,911,085
E. Real Prop NonQual Acres 122,985,833 N/A 122,985,833 122,985,833
F1. Commercial Real 37,172,876 N/A 37,172,876 37,172,876
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 92,513,869 N/A 92,513,869 92,513,869
J. Utilities 63,414,185 N/A 63,414,185 63,414,185
L1. Commercial Personal 15,024,661 N/A 15,024,661 15,024,661
L2. Industrial Personal 3,683,944 N/A 3,683,944 3,683,944
M. Other Personal 1,153,633 N/A 1,153,633 1,153,633
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 36,956 N/A 36,956 36,956
S. Special Inventory 6,825 N/A 6,825 6,825
Subtotal 739,746,459 739,746,459 739,746,459
Less Total Deductions 88,434,388   88,434,388 88,434,388
Total Taxable Value 651,312,071 651,312,071 651,312,071 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
671,186,349 651,312,071 671,186,349 651,312,071


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,874,278 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
671,186,349 651,312,071 671,186,349 651,312,071

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

249/Wise

061-905/Krum ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,570 N/A 22,570 22,570
D2. Real Prop Farm & Ranch 280 N/A 280 280
E. Real Prop NonQual Acres 299,890 N/A 299,890 299,890
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 179,930 N/A 179,930 179,930
J. Utilities 127,400 N/A 127,400 127,400
L1. Commercial Personal 380 N/A 380 380
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,280 N/A 4,280 4,280
Subtotal 634,730 634,730 634,730
Less Total Deductions 35,000   35,000 35,000
Total Taxable Value 599,730 599,730 599,730 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
609,730 599,730 609,730 599,730


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,000 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
609,730 599,730 609,730 599,730

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

061-905/Krum ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 368,379,487 N/A 368,379,487 368,379,487
B. Multi-Family Residences 15,624,341 N/A 15,624,341 15,624,341
C1. Vacant Lots 6,282,705 N/A 6,282,705 6,282,705
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,578,629 N/A 4,578,629 4,578,629
D2. Real Prop Farm & Ranch 8,911,365 N/A 8,911,365 8,911,365
E. Real Prop NonQual Acres 123,285,723 N/A 123,285,723 123,285,723
F1. Commercial Real 37,172,876 N/A 37,172,876 37,172,876
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 92,693,799 N/A 92,693,799 92,693,799
J. Utilities 63,541,585 N/A 63,541,585 63,541,585
L1. Commercial Personal 15,025,041 N/A 15,025,041 15,025,041
L2. Industrial Personal 3,683,944 N/A 3,683,944 3,683,944
M. Other Personal 1,153,633 N/A 1,153,633 1,153,633
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 36,956 N/A 36,956 36,956
S. Special Inventory 11,105 N/A 11,105 11,105
Subtotal 740,381,189 740,381,189 740,381,189
Less Total Deductions 88,469,388   88,469,388 88,469,388
Total Taxable Value 651,911,801 651,911,801 651,911,801 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