taxes Property Tax Assistance

2018 ISD Summary Worksheet

220/Tarrant

220-907/Keller ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 15,849,075,241 N/A 15,849,075,241 15,849,075,241
B. Multi-Family Residences 1,078,203,835 N/A 1,078,203,835 1,078,203,835
C1. Vacant Lots 248,779,688 N/A 248,779,688 248,779,688
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 313,581 N/A 313,581 313,581
D2. Real Prop Farm & Ranch 2,063,334 N/A 2,063,334 2,063,334
E. Real Prop NonQual Acres 46,480,355 N/A 46,480,355 46,480,355
F1. Commercial Real 2,305,825,728 N/A 2,305,825,728 2,305,825,728
F2. Industrial Real 22,029,786 N/A 22,029,786 22,029,786
G. Oil, Gas, Minerals 2,934,500 N/A 2,934,500 2,934,500
J. Utilities 170,426,932 N/A 170,426,932 170,426,932
L1. Commercial Personal 622,865,784 N/A 622,865,784 622,865,784
L2. Industrial Personal 65,802,540 N/A 65,802,540 65,802,540
M. Other Personal 16,980,635 N/A 16,980,635 16,980,635
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 66,740,060 N/A 66,740,060 66,740,060
S. Special Inventory 12,081,284 N/A 12,081,284 12,081,284
Subtotal 20,510,603,283 20,510,603,283 20,510,603,283
Less Total Deductions 2,591,776,071   2,591,776,071 2,591,776,071
Total Taxable Value 17,918,827,212 17,918,827,212 17,918,827,212 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
18,309,898,312 17,918,827,212 18,309,898,312 17,918,827,212


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
391,071,100 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
18,309,898,312 17,918,827,212 18,309,898,312 17,918,827,212

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