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 1,300,318,266 .9836 1,321,999,050 1,300,318,266
B. Multi-Family Residences 180,641,772 .9163 197,142,608 180,641,772
C1. Vacant Lots 30,308,957 N/A 30,308,957 30,308,957
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 462,830 2.8897 160,164 462,830
D2. Real Prop Farm & Ranch 157,769 N/A 157,769 157,769
E. Real Prop NonQual Acres 5,199,514 N/A 5,199,514 5,199,514
F1. Commercial Real 254,008,496 .9574 265,310,733 254,008,496
F2. Industrial Real 17,723,511 N/A 17,723,511 17,723,511
G. Oil, Gas, Minerals 18,232,300 N/A 18,232,300 18,232,300
J. Utilities 52,720,424 N/A 52,720,424 52,720,424
L1. Commercial Personal 68,518,449 N/A 68,518,449 68,518,449
L2. Industrial Personal 76,826,536 N/A 76,826,536 76,826,536
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 22,440,103 N/A 22,440,103 22,440,103
Subtotal 2,031,845,563 2,081,026,754 2,031,845,563
Less Total Deductions 349,391,114   354,294,492 349,391,114
Total Taxable Value 1,682,454,449 1,726,732,262 1,682,454,449 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
1,749,263,954 1,682,454,449 1,749,263,954 1,682,454,449


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
66,809,505 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
1,749,263,954 1,682,454,449 1,749,263,954 1,682,454,449

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