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 729,487,163 .9561 762,982,076 729,487,163
B. Multi-Family Residences 38,090,448 N/A 38,090,448 38,090,448
C1. Vacant Lots 25,368,906 N/A 25,368,906 25,368,906
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 409,215 1.6341 250,415 409,215
D2. Real Prop Farm & Ranch 511,643 N/A 511,643 511,643
E. Real Prop NonQual Acres 8,428,347 N/A 8,428,347 8,428,347
F1. Commercial Real 154,888,569 .8913 173,778,267 154,888,569
F2. Industrial Real 154,302,725 N/A 154,302,725 154,302,725
G. Oil, Gas, Minerals 18,834,060 N/A 18,834,060 18,834,060
J. Utilities 76,255,652 1.1211 68,018,600 76,255,652
L1. Commercial Personal 102,347,557 1.0192 100,419,503 102,347,557
L2. Industrial Personal 206,557,563 N/A 206,557,563 206,557,563
M. Other Personal 8,499,445 N/A 8,499,445 8,499,445
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 1,528,379,098 1,570,439,803 1,528,379,098
Less Total Deductions 259,726,451   269,175,302 259,726,451
Total Taxable Value 1,268,652,647 1,301,264,501 1,268,652,647 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
1,307,011,689 1,268,652,647 1,307,011,689 1,268,652,647


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
38,359,042 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
1,307,011,689 1,268,652,647 1,307,011,689 1,268,652,647

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