taxes Property Tax Assistance

2017 ISD Summary Worksheet

061/Denton

061-905/Krum ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 405,316,649 .9713 417,292,957 405,316,649
B. Multi-Family Residences 17,748,997 N/A 17,748,997 17,748,997
C1. Vacant Lots 6,905,476 N/A 6,905,476 6,905,476
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,240,706 .9686 4,378,201 4,240,706
D2. Real Prop Farm & Ranch 8,463,655 N/A 8,463,655 8,463,655
E. Real Prop NonQual Acres 137,546,416 .9580 143,576,635 137,546,416
F1. Commercial Real 44,473,557 .9491 46,858,663 44,473,557
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 133,658,329 1.0085 132,531,809 133,658,329
J. Utilities 43,465,795 .7395 58,777,275 43,465,795
L1. Commercial Personal 16,342,874 N/A 16,342,874 16,342,874
L2. Industrial Personal 6,302,541 N/A 6,302,541 6,302,541
M. Other Personal 1,232,838 N/A 1,232,838 1,232,838
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,681 N/A 2,681 2,681
S. Special Inventory 568,914 N/A 568,914 568,914
Subtotal 826,269,428 860,983,516 826,269,428
Less Total Deductions 98,855,725   101,998,381 98,855,725
Total Taxable Value 727,413,703 758,985,135 727,413,703 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
747,329,636 727,413,703 747,329,636 727,413,703


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,915,933 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
747,329,636 727,413,703 747,329,636 727,413,703

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

249/Wise

061-905/Krum ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,830 N/A 21,830 21,830
D2. Real Prop Farm & Ranch 9,020 N/A 9,020 9,020
E. Real Prop NonQual Acres 597,840 N/A 597,840 597,840
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 203,104 N/A 203,104 203,104
J. Utilities 120,100 N/A 120,100 120,100
L1. Commercial Personal 5,850 N/A 5,850 5,850
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,280 N/A 4,280 4,280
Subtotal 962,024 962,024 962,024
Less Total Deductions 60,000   60,000 60,000
Total Taxable Value 902,024 902,024 902,024 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
922,024 902,024 922,024 902,024


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
922,024 902,024 922,024 902,024

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

061-905/Krum ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 405,316,649 .9713 417,292,957 405,316,649
B. Multi-Family Residences 17,748,997 N/A 17,748,997 17,748,997
C1. Vacant Lots 6,905,476 N/A 6,905,476 6,905,476
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,262,536 .9688 4,400,031 4,262,536
D2. Real Prop Farm & Ranch 8,472,675 N/A 8,472,675 8,472,675
E. Real Prop NonQual Acres 138,144,256 .9582 144,174,475 138,144,256
F1. Commercial Real 44,473,557 .9491 46,858,663 44,473,557
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 133,861,433 1.0085 132,734,913 133,861,433
J. Utilities 43,585,895 .7400 58,897,375 43,585,895
L1. Commercial Personal 16,348,724 N/A 16,348,724 16,348,724
L2. Industrial Personal 6,302,541 N/A 6,302,541 6,302,541
M. Other Personal 1,232,838 N/A 1,232,838 1,232,838
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,681 N/A 2,681 2,681
S. Special Inventory 573,194 N/A 573,194 573,194
Subtotal 827,231,452 861,945,540 827,231,452
Less Total Deductions 98,915,725   102,058,381 98,915,725
Total Taxable Value 728,315,727 759,887,159 728,315,727 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

061-905/Krum ISD

Final Values Worksheet

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
748,251,660 728,315,727 748,251,660 728,315,727


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,935,933 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
748,251,660 728,315,727 748,251,660 728,315,727

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