taxes Property Tax Assistance

2017 ISD Summary Worksheet

061/Denton

061-910/Argyle ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,391,677,852 .9713 1,432,799,189 1,391,677,852
B. Multi-Family Residences 506,250 N/A 506,250 506,250
C1. Vacant Lots 66,605,559 N/A 66,605,559 66,605,559
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 859,173 .9524 902,081 859,173
D2. Real Prop Farm & Ranch 14,126,978 N/A 14,126,978 14,126,978
E. Real Prop NonQual Acres 275,027,751 .9357 293,927,275 275,027,751
F1. Commercial Real 68,700,473 N/A 68,700,473 68,700,473
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 12,372,107 N/A 12,372,107 12,372,107
J. Utilities 28,879,047 N/A 28,879,047 28,879,047
L1. Commercial Personal 28,203,168 N/A 28,203,168 28,203,168
L2. Industrial Personal 269,640 N/A 269,640 269,640
M. Other Personal 435,517 N/A 435,517 435,517
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 53,309,997 N/A 53,309,997 53,309,997
S. Special Inventory 0 N/A 0 0
Subtotal 1,940,973,512 2,001,037,281 1,940,973,512
Less Total Deductions 170,934,603   178,604,781 170,934,603
Total Taxable Value 1,770,038,909 1,822,432,500 1,770,038,909 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
1,797,675,755 1,770,038,909 1,797,675,755 1,770,038,909


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,636,846 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
1,797,675,755 1,770,038,909 1,797,675,755 1,770,038,909

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