taxes Property Tax Assistance

2019 ISD Summary Worksheet

061-Denton

061-905/Krum ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 493,044,248 0.9649 510,979,633 493,044,248
B. MULTIFAMILY RESIDENCES 22,814,045 N/A 22,814,045 22,814,045
C1. VACANT LOTS 21,630,439 N/A 21,630,439 21,630,439
D1. QUALIFIED AG LAND 4,092,074 0.9894 4,135,891 4,092,074
D2. REAL PROP:FARM & RANCH 9,394,752 N/A 9,394,752 9,394,752
E. REAL PROP NONQUAL ACREAGE 172,172,223 0.9186 187,428,939 172,172,223
F1. COMMERCIAL REAL 56,655,297 0.8608 65,817,027 56,655,297
G. OIL,GAS,MINERALS 170,785,574 1.0152 168,228,501 170,785,574
J. UTILITIES 73,451,735 0.6056 121,287,541 73,451,735
L1. COMMERCIAL PERSONAL 19,135,977 N/A 19,135,977 19,135,977
L2. INDUSTRIAL PERSONAL 1,990,362 N/A 1,990,362 1,990,362
M. MOBILE HOMES 2,040,352 N/A 2,040,352 2,040,352
O. RESIDENTIAL INVENTORY 1,035,663 N/A 1,035,663 1,035,663
S. SPECIAL INVENTORY 526,847 N/A 526,847 526,847
Subtotal 1,048,769,588 0 1,136,445,969 1,048,769,588
Less Total Deductions 112,739,028 0 117,621,570 112,739,028
Total Taxable Value 936,030,560 0 1,018,824,399 936,030,560

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
956,469,142 936,030,560 956,469,142 936,030,560


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,438,582 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
956,469,142 936,030,560 956,469,142 936,030,560

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 20,260 N/A 20,260 20,260
D2. REAL PROP:FARM & RANCH 35,830 N/A 35,830 35,830
E. REAL PROP NONQUAL ACREAGE 1,368,015 N/A 1,368,015 1,368,015
G. OIL,GAS,MINERALS 449,275 N/A 449,275 449,275
J. UTILITIES 116,512 N/A 116,512 116,512
L1. COMMERCIAL PERSONAL 7,340 N/A 7,340 7,340
S. SPECIAL INVENTORY 280 N/A 280 280
Subtotal 1,997,512 0 1,997,512 1,997,512
Less Total Deductions 50,000 0 50,000 50,000
Total Taxable Value 1,947,512 0 1,947,512 1,947,512

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
1,967,512 1,947,512 1,967,512 1,947,512


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
1,967,512 1,947,512 1,967,512 1,947,512

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

061-905-02/Krum ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 493,044,248 0.9649 510,979,633 493,044,248
B. MULTIFAMILY RESIDENCES 22,814,045 N/A 22,814,045 22,814,045
C1. VACANT LOTS 21,630,439 N/A 21,630,439 21,630,439
D1. QUALIFIED AG LAND 4,112,334 0.9895 4,156,151 4,112,334
D2. REAL PROP:FARM & RANCH 9,430,582 N/A 9,430,582 9,430,582
E. REAL PROP NONQUAL ACREAGE 173,540,238 0.9192 188,796,954 173,540,238
F1. COMMERCIAL REAL 56,655,297 0.8608 65,817,027 56,655,297
G. OIL,GAS,MINERALS 171,234,849 1.0152 168,677,776 171,234,849
J. UTILITIES 73,568,247 0.6060 121,404,053 73,568,247
L1. COMMERCIAL PERSONAL 19,143,317 N/A 19,143,317 19,143,317
L2. INDUSTRIAL PERSONAL 1,990,362 N/A 1,990,362 1,990,362
M. MOBILE HOMES 2,040,352 N/A 2,040,352 2,040,352
O. RESIDENTIAL INVENTORY 1,035,663 N/A 1,035,663 1,035,663
S. SPECIAL INVENTORY 527,127 N/A 527,127 527,127
Subtotal 1,050,767,100 1,138,443,481 1,050,767,100
Less Total Deductions 112,789,028 117,671,570 112,789,028
Total Taxable Value 937,978,072 1,020,771,911 937,978,072

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
958,436,654 937,978,072 958,436,654 937,978,072


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
20,458,582 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
958,436,654 937,978,072 958,436,654 937,978,072

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