taxes Property Tax Assistance

2016 ISD Summary Worksheet

129/Kaufman

129-902/Forney ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,412,820,708 .9637 2,503,705,207 2,412,820,708
B. Multi-Family Residences 31,494,860 N/A 31,494,860 31,494,860
C1. Vacant Lots 40,402,632 N/A 40,402,632 40,402,632
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,298,860 1.0455 4,111,925 4,298,860
D2. Real Prop Farm & Ranch 2,880,634 N/A 2,880,634 2,880,634
E. Real Prop NonQual Acres 80,156,098 N/A 80,156,098 80,156,098
F1. Commercial Real 215,442,979 .8606 250,340,436 215,442,979
F2. Industrial Real 501,002,700 N/A 501,002,700 501,002,700
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 51,664,570 N/A 51,664,570 51,664,570
L1. Commercial Personal 80,489,801 N/A 80,489,801 80,489,801
L2. Industrial Personal 168,301,000 N/A 168,301,000 168,301,000
M. Other Personal 2,409,690 N/A 2,409,690 2,409,690
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,315,472 N/A 8,315,472 8,315,472
S. Special Inventory 501,310 N/A 501,310 501,310
Subtotal 3,600,181,314 3,725,776,335 3,600,181,314
Less Total Deductions 531,247,753   546,639,021 531,247,753
Total Taxable Value 3,068,933,561 3,179,137,314 3,068,933,561 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
3,155,676,614 3,068,933,561 3,155,676,614 3,068,933,561


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
86,743,053 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
3,155,676,614 3,068,933,561 3,155,676,614 3,068,933,561

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