taxes Property Tax Assistance

2017 ISD Summary Worksheet

220/Tarrant

220-916/Hurst-Euless-Bedford ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 7,420,757,760 .9446 7,855,978,996 7,420,757,760
B. Multi-Family Residences 2,240,261,053 1.0268 2,181,789,105 2,240,261,053
C1. Vacant Lots 200,957,894 N/A 200,957,894 200,957,894
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,270 2.1706 14,406 31,270
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 304,993 N/A 304,993 304,993
F1. Commercial Real 2,298,498,026 .9165 2,507,908,375 2,298,498,026
F2. Industrial Real 144,949,653 N/A 144,949,653 144,949,653
G. Oil, Gas, Minerals 6,573,010 N/A 6,573,010 6,573,010
J. Utilities 293,456,729 1.2156 241,408,958 293,456,729
L1. Commercial Personal 1,658,291,934 .9789 1,694,036,096 1,658,291,934
L2. Industrial Personal 325,841,364 N/A 325,841,364 325,841,364
M. Other Personal 8,497,154 N/A 8,497,154 8,497,154
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 56,798,774 N/A 56,798,774 56,798,774
S. Special Inventory 24,625,891 N/A 24,625,891 24,625,891
Subtotal 14,679,845,505 15,249,684,669 14,679,845,505
Less Total Deductions 2,094,531,982   2,224,741,227 2,094,531,982
Total Taxable Value 12,585,313,523 13,024,943,442 12,585,313,523 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
12,863,100,691 12,585,313,523 12,792,782,073 12,514,994,905


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
277,787,168 70,318,618


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
12,863,100,691 12,585,313,523 12,792,782,073 12,514,994,905

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