taxes Property Tax Assistance

2017 ISD Summary Worksheet

129/Kaufman

129-902/Forney ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 2,818,895,123 .9625 2,928,722,206 2,818,895,123
B. Multi-Family Residences 63,751,340 N/A 63,751,340 63,751,340
C1. Vacant Lots 41,716,739 N/A 41,716,739 41,716,739
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,244,700 1.0945 3,878,068 4,244,700
D2. Real Prop Farm & Ranch 2,124,089 N/A 2,124,089 2,124,089
E. Real Prop NonQual Acres 86,185,711 N/A 86,185,711 86,185,711
F1. Commercial Real 228,250,812 .9419 242,330,196 228,250,812
F2. Industrial Real 548,344,580 N/A 548,344,580 548,344,580
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 50,349,090 N/A 50,349,090 50,349,090
L1. Commercial Personal 89,769,851 N/A 89,769,851 89,769,851
L2. Industrial Personal 183,246,680 N/A 183,246,680 183,246,680
M. Other Personal 2,373,120 N/A 2,373,120 2,373,120
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 12,057,249 N/A 12,057,249 12,057,249
S. Special Inventory 470,150 N/A 470,150 470,150
Subtotal 4,131,779,234 4,255,319,069 4,131,779,234
Less Total Deductions 583,147,853   601,062,608 583,147,853
Total Taxable Value 3,548,631,381 3,654,256,461 3,548,631,381 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
3,637,780,214 3,548,631,381 3,637,780,214 3,548,631,381


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
89,148,833 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
3,637,780,214 3,548,631,381 3,637,780,214 3,548,631,381

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