taxes Property Tax Assistance

2023 ISD Summary Worksheet

061-Denton/Denton County

061-905/Krum ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,216,520,760 0.9824 1,238,315,106 1,216,520,760
B - MULTIFAMILY 48,924,274 N/A 48,924,274 48,924,274
C1 - VACANT LOTS 25,191,779 N/A 25,191,779 25,191,779
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,460,304 1.0919 3,169,134 3,460,304
D2 - FARM & RANCH IMP 8,066,869 N/A 8,066,869 8,066,869
E - NON-AG LAND AND IMPROVEMENTS 388,091,574 0.9575 405,317,571 388,091,574
F1 - COMMERCIAL REAL 124,390,300 1.1906 104,476,986 124,390,300
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 174,196,365 1.0191 170,931,572 174,196,365
J - ALL UTILITIES 83,142,231 N/A 83,142,231 83,142,231
L1 - COMMERCIAL PERSONAL 39,853,301 N/A 39,853,301 39,853,301
L2 - INDUSTRIAL PERSONAL 169,777,442 N/A 169,777,442 169,777,442
M1 - MOBILE HOMES 2,884,813 N/A 2,884,813 2,884,813
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 13,456,617 N/A 13,456,617 13,456,617
S - SPECIAL INVENTORY 503,403 N/A 503,403 503,403
Subtotal 2,298,460,032 0 2,314,011,098 2,298,460,032
Less Total Deductions 491,246,678 0 497,633,466 491,246,678
Total Taxable Value 1,807,213,354 0 1,816,377,632 1,807,213,354

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

Measure Value Description
T1 1,947,304,348 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,807,213,354 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,947,304,348 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,807,213,354 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,985,869,348 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,011,579,348 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,838,671,515 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,947,304,348 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,807,213,354 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,947,304,348 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,807,213,354 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,985,869,348 T13 plus the loss to the chapter 313 agreement
T16 2,011,579,348 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,838,671,515 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 140,090,994 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 38,565,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 25,710,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

249-Wise/Wise County

061-905/Krum ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,024 N/A 3,024 3,024
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,058 N/A 19,058 19,058
D2 - FARM & RANCH IMP 57,068 N/A 57,068 57,068
E - NON-AG LAND AND IMPROVEMENTS 3,865,555 N/A 3,865,555 3,865,555
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 5,095,318 N/A 5,095,318 5,095,318
J - ALL UTILITIES 165,970 N/A 165,970 165,970
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 9,205,993 0 9,205,993 9,205,993
Less Total Deductions 734,116 0 734,116 734,116
Total Taxable Value 8,471,877 0 8,471,877 8,471,877

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

Measure Value Description
T1 8,771,877 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,471,877 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 8,771,877 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,471,877 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 8,846,877 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 8,896,877 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 8,471,877 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 8,771,877 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,471,877 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 8,771,877 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,471,877 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 8,846,877 T13 plus the loss to the chapter 313 agreement
T16 8,896,877 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 8,471,877 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 300,000 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 75,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 50,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED

061-905-02/Krum ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,216,523,784 0.9824 1,238,318,130 1,216,523,784
B - MULTIFAMILY 48,924,274 N/A 48,924,274 48,924,274
C1 - VACANT LOTS 25,191,779 N/A 25,191,779 25,191,779
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,479,362 1.0913 3,188,192 3,479,362
D2 - FARM & RANCH IMP 8,123,937 N/A 8,123,937 8,123,937
E - NON-AG LAND AND IMPROVEMENTS 391,957,129 0.9579 409,183,126 391,957,129
F1 - COMMERCIAL REAL 124,390,300 1.1906 104,476,986 124,390,300
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 179,291,683 1.0185 176,026,890 179,291,683
J - ALL UTILITIES 83,308,201 N/A 83,308,201 83,308,201
L1 - COMMERCIAL PERSONAL 39,853,301 N/A 39,853,301 39,853,301
L2 - INDUSTRIAL PERSONAL 169,777,442 N/A 169,777,442 169,777,442
M1 - MOBILE HOMES 2,884,813 N/A 2,884,813 2,884,813
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 13,456,617 N/A 13,456,617 13,456,617
S - SPECIAL INVENTORY 503,403 N/A 503,403 503,403
Subtotal 2,307,666,025 2,323,217,091 2,307,666,025
Less Total Deductions 491,980,794 498,367,582 491,980,794
Total Taxable Value 1,815,685,231 1,824,849,509 1,815,685,231

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

Measure Value Description
T1 1,956,076,225 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,815,685,231 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,956,076,225 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,815,685,231 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,994,716,225 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,020,476,225 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,847,143,392 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,956,076,225 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,815,685,231 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,956,076,225 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,815,685,231 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,994,716,225 T13 plus the loss to the chapter 313 agreement
T16 2,020,476,225 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,847,143,392 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 140,390,994 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 38,640,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 25,760,000 Loss to Second Previous Homestead Increase