taxes Property Tax Assistance

2016 ISD Summary Worksheet

061/Denton

061-910/Argyle ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,188,259,826 N/A 1,188,259,826 1,188,259,826
B. Multi-Family Residences 148,492 N/A 148,492 148,492
C1. Vacant Lots 46,334,841 N/A 46,334,841 46,334,841
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,130,584 N/A 1,130,584 1,130,584
D2. Real Prop Farm & Ranch 13,512,685 N/A 13,512,685 13,512,685
E. Real Prop NonQual Acres 242,548,158 N/A 242,548,158 242,548,158
F1. Commercial Real 61,658,995 N/A 61,658,995 61,658,995
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 7,895,046 N/A 7,895,046 7,895,046
J. Utilities 18,749,137 N/A 18,749,137 18,749,137
L1. Commercial Personal 24,831,825 N/A 24,831,825 24,831,825
L2. Industrial Personal 294,648 N/A 294,648 294,648
M. Other Personal 404,079 N/A 404,079 404,079
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 46,238,570 N/A 46,238,570 46,238,570
S. Special Inventory 0 N/A 0 0
Subtotal 1,652,006,886 1,652,006,886 1,652,006,886
Less Total Deductions 154,305,767   154,305,767 154,305,767
Total Taxable Value 1,497,701,119 1,497,701,119 1,497,701,119 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
1,522,885,752 1,497,701,119 1,522,885,752 1,497,701,119


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,184,633 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
1,522,885,752 1,497,701,119 1,522,885,752 1,497,701,119

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