taxes Property Tax Assistance

2018 ISD Summary Worksheet

061/Denton

061-910/Argyle ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,662,144,459 N/A 1,662,144,459 1,662,144,459
B. Multi-Family Residences 516,250 N/A 516,250 516,250
C1. Vacant Lots 61,624,791 N/A 61,624,791 61,624,791
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 846,558 N/A 846,558 846,558
D2. Real Prop Farm & Ranch 14,425,325 N/A 14,425,325 14,425,325
E. Real Prop NonQual Acres 279,862,332 N/A 279,862,332 279,862,332
F1. Commercial Real 76,198,474 N/A 76,198,474 76,198,474
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 11,354,604 N/A 11,354,604 11,354,604
J. Utilities 30,216,349 N/A 30,216,349 30,216,349
L1. Commercial Personal 32,123,590 N/A 32,123,590 32,123,590
L2. Industrial Personal 831,810 N/A 831,810 831,810
M. Other Personal 497,695 N/A 497,695 497,695
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 111,871,442 N/A 111,871,442 111,871,442
S. Special Inventory 0 N/A 0 0
Subtotal 2,282,513,679 2,282,513,679 2,282,513,679
Less Total Deductions 195,799,361   195,799,361 195,799,361
Total Taxable Value 2,086,714,318 2,086,714,318 2,086,714,318 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
2,117,302,043 2,086,714,318 2,117,302,043 2,086,714,318


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,587,725 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
2,117,302,043 2,086,714,318 2,117,302,043 2,086,714,318

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