taxes Property Tax Assistance

2018 ISD Summary Worksheet

175-Navarro

175-907/Kerens ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	131,883,370	N/A	131,883,370	131,883,370
B. MULTIFAMILY RESIDENCES	307,000	N/A	307,000	307,000
C1. VACANT LOTS	17,031,128	N/A	17,031,128	17,031,128
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,153,459	N/A	15,153,459	15,153,459
D2. REAL PROP:FARM & RANCH	1,570,113	N/A	1,570,113	1,570,113
E. REAL PROP NONQUAL ACREAGE	70,777,935	N/A	70,777,935	70,777,935
F1. COMMERCIAL REAL	9,556,570	N/A	9,556,570	9,556,570
F2. INDUSTRIAL REAL	87,840	N/A	87,840	87,840
G. OIL,GAS,MINERALS	4,021,905	N/A	4,021,905	4,021,905
J. UTILITIES	61,874,510	N/A	61,874,510	61,874,510
L1. COMMERCIAL PERSONAL	3,181,790	N/A	3,181,790	3,181,790
L2. INDUSTRIAL PERSONAL	5,108,590	N/A	5,108,590	5,108,590
M. MOBILE HOMES	1,906,600	N/A	1,906,600	1,906,600
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	648,290	N/A	648,290	648,290
S. SPECIAL INVENTORY	27,950	N/A	27,950	27,950
Subtotal	323,137,050	0	323,137,050	323,137,050
Less Total Deductions	52,596,541	0	52,596,541	52,596,541
Total Taxable Value	270,540,509	0	270,540,509	270,540,509

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
278,657,145	270,540,509	278,657,145	270,540,509

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,116,636	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
278,657,145	270,540,509	278,657,145	270,540,509

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

175-907-02/Kerens ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	131,883,370	N/A	131,883,370	131,883,370
B. MULTIFAMILY RESIDENCES	307,000	N/A	307,000	307,000
C1. VACANT LOTS	17,031,128	N/A	17,031,128	17,031,128
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,153,459	N/A	15,153,459	15,153,459
D2. REAL PROP:FARM & RANCH	1,570,113	N/A	1,570,113	1,570,113
E. REAL PROP NONQUAL ACREAGE	70,777,935	N/A	70,777,935	70,777,935
F1. COMMERCIAL REAL	9,556,570	N/A	9,556,570	9,556,570
F2. INDUSTRIAL REAL	87,840	N/A	87,840	87,840
G. OIL,GAS,MINERALS	4,021,905	N/A	4,021,905	4,021,905
J. UTILITIES	61,874,510	N/A	61,874,510	61,874,510
L1. COMMERCIAL PERSONAL	3,181,790	N/A	3,181,790	3,181,790
L2. INDUSTRIAL PERSONAL	5,108,590	N/A	5,108,590	5,108,590
M. MOBILE HOMES	1,906,600	N/A	1,906,600	1,906,600
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	648,290	N/A	648,290	648,290
S. SPECIAL INVENTORY	27,950	N/A	27,950	27,950
Subtotal	323,137,050		323,137,050	323,137,050
Less Total Deductions	52,596,541		52,596,541	52,596,541
Total Taxable Value	270,540,509		270,540,509	270,540,509

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
278,657,145	270,540,509	278,657,145	270,540,509

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,116,636	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
278,657,145	270,540,509	278,657,145	270,540,509

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