taxes Property Tax Assistance

2018 ISD Summary Worksheet

129/Kaufman

129-902/Forney ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 3,220,361,728 N/A 3,220,361,728 3,220,361,728
B. Multi-Family Residences 65,660,050 N/A 65,660,050 65,660,050
C1. Vacant Lots 76,838,040 N/A 76,838,040 76,838,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,192,220 N/A 4,192,220 4,192,220
D2. Real Prop Farm & Ranch 2,434,732 N/A 2,434,732 2,434,732
E. Real Prop NonQual Acres 86,159,025 N/A 86,159,025 86,159,025
F1. Commercial Real 236,630,603 N/A 236,630,603 236,630,603
F2. Industrial Real 566,963,080 N/A 566,963,080 566,963,080
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 64,697,920 N/A 64,697,920 64,697,920
L1. Commercial Personal 93,695,807 N/A 93,695,807 93,695,807
L2. Industrial Personal 203,930,379 N/A 203,930,379 203,930,379
M. Other Personal 2,853,340 N/A 2,853,340 2,853,340
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,219,720 N/A 10,219,720 10,219,720
S. Special Inventory 838,200 N/A 838,200 838,200
Subtotal 4,635,474,844 4,635,474,844 4,635,474,844
Less Total Deductions 608,087,354   608,087,354 608,087,354
Total Taxable Value 4,027,387,490 4,027,387,490 4,027,387,490 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
4,124,302,235 4,027,387,490 4,124,302,235 4,027,387,490


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
96,914,745 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
4,124,302,235 4,027,387,490 4,124,302,235 4,027,387,490

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