taxes Property Tax Assistance

2017 ISD Summary Worksheet

220/Tarrant

220-907/Keller ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 14,935,971,137 .9673 15,440,888,181 14,935,971,137
B. Multi-Family Residences 967,655,635 .9667 1,000,988,554 967,655,635
C1. Vacant Lots 275,205,522 .7301 376,942,230 275,205,522
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 305,472 2.2306 136,947 305,472
D2. Real Prop Farm & Ranch 976,401 N/A 976,401 976,401
E. Real Prop NonQual Acres 46,022,188 N/A 46,022,188 46,022,188
F1. Commercial Real 2,174,725,295 .8857 2,455,374,613 2,174,725,295
F2. Industrial Real 18,398,640 N/A 18,398,640 18,398,640
G. Oil, Gas, Minerals 2,254,450 N/A 2,254,450 2,254,450
J. Utilities 157,579,035 N/A 157,579,035 157,579,035
L1. Commercial Personal 707,700,067 1.0401 680,415,409 707,700,067
L2. Industrial Personal 61,833,804 N/A 61,833,804 61,833,804
M. Other Personal 17,379,188 N/A 17,379,188 17,379,188
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 65,403,834 N/A 65,403,834 65,403,834
S. Special Inventory 8,931,321 N/A 8,931,321 8,931,321
Subtotal 19,440,341,989 20,333,524,795 19,440,341,989
Less Total Deductions 2,608,260,252   2,698,460,061 2,608,260,252
Total Taxable Value 16,832,081,737 17,635,064,734 16,832,081,737 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
17,212,139,596 16,832,081,737 17,212,139,596 16,832,081,737


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
380,057,859 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
17,212,139,596 16,832,081,737 17,212,139,596 16,832,081,737

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