taxes Property Tax Assistance

2023 ISD Summary Worksheet

175-Navarro/Navarro County

175-907/Kerens ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 330,415,151 1.0049 328,804,011 330,415,151
B - MULTIFAMILY 637,550 N/A 637,550 637,550
C1 - VACANT LOTS 66,907,072 0.9073 73,743,053 66,907,072
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,434,916 1.0458 13,803,310 14,434,916
D2 - FARM & RANCH IMP 2,235,051 N/A 2,235,051 2,235,051
E - NON-AG LAND AND IMPROVEMENTS 180,354,407 1.0887 165,660,335 180,354,407
F1 - COMMERCIAL REAL 17,021,340 N/A 17,021,340 17,021,340
F2 - INDUSTRIAL REAL 163,125,680 N/A 163,125,680 163,125,680
G - ALL MINERALS 4,948,870 N/A 4,948,870 4,948,870
J - ALL UTILITIES 108,469,120 0.9618 112,777,209 108,469,120
L1 - COMMERCIAL PERSONAL 8,470,960 N/A 8,470,960 8,470,960
L2 - INDUSTRIAL PERSONAL 42,423,440 N/A 42,423,440 42,423,440
M1 - MOBILE HOMES 7,951,190 N/A 7,951,190 7,951,190
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 54,290 N/A 54,290 54,290
Subtotal 947,449,037 0 941,656,289 947,449,037
Less Total Deductions 191,595,634 0 190,783,119 191,595,634
Total Taxable Value 755,853,403 0 750,873,170 755,853,403

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 796,406,253 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 755,853,403 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 796,406,253 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 755,853,403 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 812,036,253 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 822,456,253 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 777,517,273 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 796,406,253 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 755,853,403 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 796,406,253 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 755,853,403 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 812,036,253 T13 plus the loss to the chapter 313 agreement
T16 822,456,253 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 777,517,273 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 40,552,850 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 15,630,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,420,000 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

175-907-02/Kerens ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 330,415,151 1.0049 328,804,011 330,415,151
B - MULTIFAMILY 637,550 N/A 637,550 637,550
C1 - VACANT LOTS 66,907,072 0.9073 73,743,053 66,907,072
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,434,916 1.0458 13,803,310 14,434,916
D2 - FARM & RANCH IMP 2,235,051 N/A 2,235,051 2,235,051
E - NON-AG LAND AND IMPROVEMENTS 180,354,407 1.0887 165,660,335 180,354,407
F1 - COMMERCIAL REAL 17,021,340 N/A 17,021,340 17,021,340
F2 - INDUSTRIAL REAL 163,125,680 N/A 163,125,680 163,125,680
G - ALL MINERALS 4,948,870 N/A 4,948,870 4,948,870
J - ALL UTILITIES 108,469,120 0.9618 112,777,209 108,469,120
L1 - COMMERCIAL PERSONAL 8,470,960 N/A 8,470,960 8,470,960
L2 - INDUSTRIAL PERSONAL 42,423,440 N/A 42,423,440 42,423,440
M1 - MOBILE HOMES 7,951,190 N/A 7,951,190 7,951,190
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 54,290 N/A 54,290 54,290
Subtotal 947,449,037 941,656,289 947,449,037
Less Total Deductions 191,595,634 190,783,119 191,595,634
Total Taxable Value 755,853,403 750,873,170 755,853,403

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 796,406,253 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 755,853,403 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 796,406,253 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 755,853,403 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 812,036,253 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 822,456,253 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 777,517,273 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 796,406,253 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 755,853,403 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 796,406,253 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 755,853,403 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 812,036,253 T13 plus the loss to the chapter 313 agreement
T16 822,456,253 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 777,517,273 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 40,552,850 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 15,630,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,420,000 Loss to Second Previous Homestead Increase