taxes Property Tax Assistance

2018 ISD Summary Worksheet

057/Dallas

070-905/Ferris ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 3,129,290 N/A 3,129,290 3,129,290
B. Multi-Family Residences 46,720 N/A 46,720 46,720
C1. Vacant Lots 2,416,490 N/A 2,416,490 2,416,490
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 124,215 N/A 124,215 124,215
D2. Real Prop Farm & Ranch 125,010 N/A 125,010 125,010
E. Real Prop NonQual Acres 103,980 N/A 103,980 103,980
F1. Commercial Real 6,551,150 N/A 6,551,150 6,551,150
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,624,080 N/A 1,624,080 1,624,080
L1. Commercial Personal 9,838,390 N/A 9,838,390 9,838,390
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 49,570 N/A 49,570 49,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 24,008,895 24,008,895 24,008,895
Less Total Deductions 689,051   689,051 689,051
Total Taxable Value 23,319,844 23,319,844 23,319,844 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
23,503,424 23,319,844 23,503,424 23,319,844


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
183,580 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
23,503,424 23,319,844 23,503,424 23,319,844

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

070/Ellis

070-905/Ferris ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 297,461,333 .8644 344,124,633 297,461,333
B. Multi-Family Residences 5,843,450 N/A 5,843,450 5,843,450
C1. Vacant Lots 5,819,264 N/A 5,819,264 5,819,264
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,347,440 1.3155 6,345,332 8,347,440
D2. Real Prop Farm & Ranch 2,647,022 N/A 2,647,022 2,647,022
E. Real Prop NonQual Acres 71,997,830 .9892 72,783,896 71,997,830
F1. Commercial Real 23,205,936 .7925 29,281,938 23,205,936
F2. Industrial Real 4,641,280 N/A 4,641,280 4,641,280
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 17,610,069 N/A 17,610,069 17,610,069
L1. Commercial Personal 14,029,635 N/A 14,029,635 14,029,635
L2. Industrial Personal 14,918,672 N/A 14,918,672 14,918,672
M. Other Personal 12,661,700 N/A 12,661,700 12,661,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,701,724 N/A 4,701,724 4,701,724
S. Special Inventory 184,090 N/A 184,090 184,090
Subtotal 484,069,445 535,592,705 484,069,445
Less Total Deductions 100,340,023   115,285,344 100,340,023
Total Taxable Value 383,729,422 420,307,361 383,729,422 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
399,879,818 383,729,422 399,879,818 383,729,422


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,150,396 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
399,879,818 383,729,422 399,879,818 383,729,422

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 invalid, but local value was certified because your school district is in year one of the grace period.

070-905/Ferris ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 300,590,623 .8656 347,253,923 300,590,623
B. Multi-Family Residences 5,890,170 N/A 5,890,170 5,890,170
C1. Vacant Lots 8,235,754 N/A 8,235,754 8,235,754
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,471,655 1.3095 6,469,547 8,471,655
D2. Real Prop Farm & Ranch 2,772,032 N/A 2,772,032 2,772,032
E. Real Prop NonQual Acres 72,101,810 .9892 72,887,876 72,101,810
F1. Commercial Real 29,757,086 .8304 35,833,088 29,757,086
F2. Industrial Real 4,641,280 N/A 4,641,280 4,641,280
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 19,234,149 N/A 19,234,149 19,234,149
L1. Commercial Personal 23,868,025 N/A 23,868,025 23,868,025
L2. Industrial Personal 14,918,672 N/A 14,918,672 14,918,672
M. Other Personal 12,711,270 N/A 12,711,270 12,711,270
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,701,724 N/A 4,701,724 4,701,724
S. Special Inventory 184,090 N/A 184,090 184,090
Subtotal 508,078,340 559,601,600 508,078,340
Less Total Deductions 101,029,074   115,974,395 101,029,074
Total Taxable Value 407,049,266 443,627,205 407,049,266 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

2018 ISD Summary Worksheet

070-905/Ferris 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
423,383,242 407,049,266 423,383,242 407,049,266


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,333,976 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
423,383,242 407,049,266 423,383,242 407,049,266

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