taxes Property Tax Assistance

2018 ISD Summary Worksheet

129/Kaufman

129-901/Crandall ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 908,430,708 .9504 955,840,391 908,430,708
B. Multi-Family Residences 1,975,690 N/A 1,975,690 1,975,690
C1. Vacant Lots 22,399,795 N/A 22,399,795 22,399,795
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,282,820 1.1319 4,667,316 5,282,820
D2. Real Prop Farm & Ranch 2,481,290 N/A 2,481,290 2,481,290
E. Real Prop NonQual Acres 53,729,806 .9009 59,640,144 53,729,806
F1. Commercial Real 22,583,869 N/A 22,583,869 22,583,869
F2. Industrial Real 246,340 N/A 246,340 246,340
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,419,450 N/A 10,419,450 10,419,450
L1. Commercial Personal 16,591,440 N/A 16,591,440 16,591,440
L2. Industrial Personal 5,730 N/A 5,730 5,730
M. Other Personal 6,801,930 N/A 6,801,930 6,801,930
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,556,350 N/A 1,556,350 1,556,350
S. Special Inventory 76,890 N/A 76,890 76,890
Subtotal 1,052,582,108 1,105,286,625 1,052,582,108
Less Total Deductions 149,085,080   156,279,085 149,085,080
Total Taxable Value 903,497,028 949,007,540 903,497,028 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
939,633,608 903,497,028 939,633,608 903,497,028


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
36,136,580 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
939,633,608 903,497,028 939,633,608 903,497,028

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 invalid, but local value was certified because your school district is in year two of the grace period.