taxes Property Tax Assistance

2018 ISD Summary Worksheet

107-Henderson

129-904/Kemp ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	80,597,760	0.8688	92,769,061	80,597,760
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	6,130,980	N/A	6,130,980	6,130,980
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,035,340	0.9761	2,085,257	2,035,340
D2. REAL PROP:FARM & RANCH	139,110	N/A	139,110	139,110
E. REAL PROP NONQUAL ACREAGE	31,831,970	0.8865	35,907,468	31,831,970
F1. COMMERCIAL REAL	2,876,260	N/A	2,876,260	2,876,260
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	33,800	N/A	33,800	33,800
J. UTILITIES	4,710,750	N/A	4,710,750	4,710,750
L1. COMMERCIAL PERSONAL	721,520	N/A	721,520	721,520
L2. INDUSTRIAL PERSONAL	490,250	N/A	490,250	490,250
M. MOBILE HOMES	1,908,030	N/A	1,908,030	1,908,030
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	42,010	N/A	42,010	42,010
Subtotal	131,517,780	0	147,814,496	131,517,780
Less Total Deductions	32,564,741	0	38,076,781	32,564,741
Total Taxable Value	98,953,039	0	109,737,715	98,953,039

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
104,556,291	98,953,039	104,556,291	98,953,039

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,603,252	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
104,556,291	98,953,039	104,556,291	98,953,039

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 ONE OF THE GRACE PERIOD

129-Kaufman

129-904/Kemp ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	153,672,906	0.9087	169,112,915	169,112,915
B. MULTIFAMILY RESIDENCES	10,360,350	N/A	10,360,350	10,360,350
C1. VACANT LOTS	29,668,574	N/A	29,668,574	29,668,574
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,459,680	1.0582	5,159,406	5,159,406
D2. REAL PROP:FARM & RANCH	3,825,263	N/A	3,825,263	3,825,263
E. REAL PROP NONQUAL ACREAGE	72,801,591	0.7353	99,009,372	99,009,372
F1. COMMERCIAL REAL	26,248,385	0.9490	27,658,994	27,658,994
F2. INDUSTRIAL REAL	687,460	N/A	687,460	687,460
G. OIL,GAS,MINERALS	256,217	N/A	256,217	256,217
J. UTILITIES	10,793,540	N/A	10,793,540	10,793,540
L1. COMMERCIAL PERSONAL	19,239,402	0.9675	19,885,687	19,885,687
L2. INDUSTRIAL PERSONAL	3,460,850	N/A	3,460,850	3,460,850
M. MOBILE HOMES	7,984,849	N/A	7,984,849	7,984,849
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	4,250,500	N/A	4,250,500	4,250,500
S. SPECIAL INVENTORY	1,250	N/A	1,250	1,250
Subtotal	348,710,817	0	392,115,227	392,115,227
Less Total Deductions	62,828,187	0	69,532,529	69,532,529
Total Taxable Value	285,882,630	0	322,582,698	322,582,698

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
335,453,965	322,582,698	335,453,965	322,582,698

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
12,871,267	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
335,453,965	322,582,698	335,453,965	322,582,698

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

129-904-02/Kemp ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	234,270,666	0.8946	261,881,976	249,710,675
B. MULTIFAMILY RESIDENCES	10,360,350	N/A	10,360,350	10,360,350
C1. VACANT LOTS	35,799,554	N/A	35,799,554	35,799,554
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,495,020	1.0346	7,244,663	7,194,746
D2. REAL PROP:FARM & RANCH	3,964,373	N/A	3,964,373	3,964,373
E. REAL PROP NONQUAL ACREAGE	104,633,561	0.7755	134,916,840	130,841,342
F1. COMMERCIAL REAL	29,124,645	0.9538	30,535,254	30,535,254
F2. INDUSTRIAL REAL	687,460	N/A	687,460	687,460
G. OIL,GAS,MINERALS	290,017	N/A	290,017	290,017
J. UTILITIES	15,504,290	N/A	15,504,290	15,504,290
L1. COMMERCIAL PERSONAL	19,960,922	0.9686	20,607,207	20,607,207
L2. INDUSTRIAL PERSONAL	3,951,100	N/A	3,951,100	3,951,100
M. MOBILE HOMES	9,892,879	N/A	9,892,879	9,892,879
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	4,250,500	N/A	4,250,500	4,250,500
S. SPECIAL INVENTORY	43,260	N/A	43,260	43,260
Subtotal	480,228,597		539,929,723	523,633,007
Less Total Deductions	95,392,928		107,609,310	102,097,270
Total Taxable Value	384,835,669		432,320,413	421,535,737

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
440,010,256	421,535,737	440,010,256	421,535,737

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
18,474,519	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
440,010,256	421,535,737	440,010,256	421,535,737

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