taxes Property Tax Assistance

2017 ISD Summary Worksheet

129/Kaufman

129-901/Crandall ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 754,210,836 .9130 826,079,777 754,210,836
B. Multi-Family Residences 1,975,690 N/A 1,975,690 1,975,690
C1. Vacant Lots 18,535,357 N/A 18,535,357 18,535,357
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,588,490 1.1160 5,007,619 5,588,490
D2. Real Prop Farm & Ranch 2,038,110 N/A 2,038,110 2,038,110
E. Real Prop NonQual Acres 44,207,448 .9750 45,340,972 44,207,448
F1. Commercial Real 21,017,109 N/A 21,017,109 21,017,109
F2. Industrial Real 246,340 N/A 246,340 246,340
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,257,780 N/A 9,257,780 9,257,780
L1. Commercial Personal 16,864,980 N/A 16,864,980 16,864,980
L2. Industrial Personal 5,730 N/A 5,730 5,730
M. Other Personal 5,052,900 N/A 5,052,900 5,052,900
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 438,370 N/A 438,370 438,370
S. Special Inventory 77,710 N/A 77,710 77,710
Subtotal 879,516,850 951,938,444 879,516,850
Less Total Deductions 131,309,195   142,437,111 131,309,195
Total Taxable Value 748,207,655 809,501,333 748,207,655 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
781,350,387 748,207,655 781,350,387 748,207,655


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
33,142,732 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
781,350,387 748,207,655 781,350,387 748,207,655

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 invalid, but local value was certified because your school district is in year one of the grace period.