taxes Property Tax Assistance

2016 ISD Summary Worksheet

220/Tarrant

220-904/Everman ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 652,564,452 .9619 678,411,947 652,564,452
B. Multi-Family Residences 31,765,129 N/A 31,765,129 31,765,129
C1. Vacant Lots 23,108,123 N/A 23,108,123 23,108,123
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 409,920 1.4042 291,929 409,920
D2. Real Prop Farm & Ranch 363,959 N/A 363,959 363,959
E. Real Prop NonQual Acres 8,165,260 N/A 8,165,260 8,165,260
F1. Commercial Real 141,428,058 .9212 153,525,899 141,428,058
F2. Industrial Real 148,545,570 N/A 148,545,570 148,545,570
G. Oil, Gas, Minerals 20,161,650 N/A 20,161,650 20,161,650
J. Utilities 76,190,551 .9171 83,077,692 76,190,551
L1. Commercial Personal 108,274,903 1.0394 104,170,582 108,274,903
L2. Industrial Personal 202,002,848 N/A 202,002,848 202,002,848
M. Other Personal 10,087,392 N/A 10,087,392 10,087,392
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,393,510 N/A 4,393,510 4,393,510
S. Special Inventory 1,179,696 N/A 1,179,696 1,179,696
Subtotal 1,428,641,021 1,469,251,186 1,428,641,021
Less Total Deductions 247,243,144   254,802,092 247,243,144
Total Taxable Value 1,181,397,877 1,214,449,094 1,181,397,877 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
1,219,452,500 1,181,397,877 1,219,452,500 1,181,397,877


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
38,054,623 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
1,219,452,500 1,181,397,877 1,219,452,500 1,181,397,877

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