taxes Property Tax Assistance

2023 ISD Summary Worksheet

133-Kerr/Kerr County

133-903/Kerrville ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,617,593,775 0.9616 3,762,056,754 3,617,593,775
B - MULTIFAMILY 170,629,379 N/A 170,629,379 170,629,379
C1 - VACANT LOTS 71,430,363 N/A 71,430,363 71,430,363
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,961,211 0.8751 6,812,149 5,961,211
D2 - FARM & RANCH IMP 2,275,767 N/A 2,275,767 2,275,767
E - NON-AG LAND AND IMPROVEMENTS 634,323,290 0.9499 667,779,019 634,323,290
F1 - COMMERCIAL REAL 571,839,195 0.9704 589,281,940 571,839,195
F2 - INDUSTRIAL REAL 7,555,446 N/A 7,555,446 7,555,446
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 54,796,545 N/A 54,796,545 54,796,545
L1 - COMMERCIAL PERSONAL 140,236,435 N/A 140,236,435 140,236,435
L2 - INDUSTRIAL PERSONAL 47,530,012 N/A 47,530,012 47,530,012
M1 - MOBILE HOMES 54,832,747 N/A 54,832,747 54,832,747
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,455,584 N/A 5,455,584 5,455,584
S - SPECIAL INVENTORY 18,777,637 N/A 18,777,637 18,777,637
Subtotal 5,403,237,386 0 5,599,449,777 5,403,237,386
Less Total Deductions 1,944,468,658 0 2,028,437,848 1,944,468,658
Total Taxable Value 3,458,768,728 0 3,571,011,929 3,458,768,728

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 3,939,368,127 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,458,768,728 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 3,939,368,127 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,458,768,728 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,080,608,127 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 4,174,768,127 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 3,879,925,935 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 3,939,368,127 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,458,768,728 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 3,939,368,127 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,458,768,728 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,080,608,127 T13 plus the loss to the chapter 313 agreement
T16 4,174,768,127 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 3,879,925,935 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 480,599,399 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 141,240,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 94,160,000 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

133-903-02/Kerrville ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,617,593,775 0.9616 3,762,056,754 3,617,593,775
B - MULTIFAMILY 170,629,379 N/A 170,629,379 170,629,379
C1 - VACANT LOTS 71,430,363 N/A 71,430,363 71,430,363
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,961,211 0.8751 6,812,149 5,961,211
D2 - FARM & RANCH IMP 2,275,767 N/A 2,275,767 2,275,767
E - NON-AG LAND AND IMPROVEMENTS 634,323,290 0.9499 667,779,019 634,323,290
F1 - COMMERCIAL REAL 571,839,195 0.9704 589,281,940 571,839,195
F2 - INDUSTRIAL REAL 7,555,446 N/A 7,555,446 7,555,446
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 54,796,545 N/A 54,796,545 54,796,545
L1 - COMMERCIAL PERSONAL 140,236,435 N/A 140,236,435 140,236,435
L2 - INDUSTRIAL PERSONAL 47,530,012 N/A 47,530,012 47,530,012
M1 - MOBILE HOMES 54,832,747 N/A 54,832,747 54,832,747
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,455,584 N/A 5,455,584 5,455,584
S - SPECIAL INVENTORY 18,777,637 N/A 18,777,637 18,777,637
Subtotal 5,403,237,386 5,599,449,777 5,403,237,386
Less Total Deductions 1,944,468,658 2,028,437,848 1,944,468,658
Total Taxable Value 3,458,768,728 3,571,011,929 3,458,768,728

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 3,939,368,127 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,458,768,728 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 3,939,368,127 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,458,768,728 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,080,608,127 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 4,174,768,127 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 3,879,925,935 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 3,939,368,127 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,458,768,728 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 3,939,368,127 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,458,768,728 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,080,608,127 T13 plus the loss to the chapter 313 agreement
T16 4,174,768,127 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 3,879,925,935 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 480,599,399 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 141,240,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 94,160,000 Loss to Second Previous Homestead Increase