taxes Property Tax Assistance

2017 ISD Summary Worksheet

220/Tarrant

220-904/Everman ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 728,854,917 .9561 762,320,800 728,854,917
B. Multi-Family Residences 37,515,658 N/A 37,515,658 37,515,658
C1. Vacant Lots 24,318,211 N/A 24,318,211 24,318,211
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 419,773 1.5892 264,143 419,773
D2. Real Prop Farm & Ranch 1,155,330 N/A 1,155,330 1,155,330
E. Real Prop NonQual Acres 8,389,326 N/A 8,389,326 8,389,326
F1. Commercial Real 149,391,916 .8913 167,611,260 149,391,916
F2. Industrial Real 153,734,363 N/A 153,734,363 153,734,363
G. Oil, Gas, Minerals 18,942,460 N/A 18,942,460 18,942,460
J. Utilities 76,205,076 1.1211 67,973,487 76,205,076
L1. Commercial Personal 99,754,562 1.0192 97,875,355 99,754,562
L2. Industrial Personal 170,864,434 N/A 170,864,434 170,864,434
M. Other Personal 8,411,818 N/A 8,411,818 8,411,818
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,136,973 N/A 3,136,973 3,136,973
S. Special Inventory 1,260,832 N/A 1,260,832 1,260,832
Subtotal 1,482,355,649 1,523,774,450 1,482,355,649
Less Total Deductions 262,656,085   272,233,819 262,656,085
Total Taxable Value 1,219,699,564 1,251,540,631 1,219,699,564 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
1,258,708,159 1,219,699,564 1,258,708,159 1,219,699,564


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
39,008,595 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
1,258,708,159 1,219,699,564 1,258,708,159 1,219,699,564

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