taxes Property Tax Assistance

2018 ISD Summary Worksheet

113-Houston

113-906/Kennard ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 20,620,420 0.8391 24,574,449 24,574,449
B. MULTIFAMILY RESIDENCES 243,060 N/A 243,060 243,060
C1. VACANT LOTS 1,556,070 N/A 1,556,070 1,556,070
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 21,573,500 0.9929 21,726,891 21,726,891
D2. REAL PROP:FARM & RANCH 5,060,860 N/A 5,060,860 5,060,860
E. REAL PROP NONQUAL ACREAGE 55,763,420 0.6934 80,420,277 80,420,277
F1. COMMERCIAL REAL 1,870,140 N/A 1,870,140 1,870,140
F2. INDUSTRIAL REAL 125,790 N/A 125,790 125,790
G. OIL,GAS,MINERALS 2,507,250 N/A 2,507,250 2,507,250
J. UTILITIES 10,232,920 0.9102 11,242,496 11,242,496
L1. COMMERCIAL PERSONAL 2,223,280 N/A 2,223,280 2,223,280
L2. INDUSTRIAL PERSONAL 1,365,280 N/A 1,365,280 1,365,280
M. MOBILE HOMES 5,396,280 N/A 5,396,280 5,396,280
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 128,538,270 0 158,312,123 158,312,123
Less Total Deductions 23,136,962 0 27,019,223 27,019,223
Total Taxable Value 105,401,308 0 131,292,900 131,292,900

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
136,536,530 131,292,900 136,536,530 131,292,900


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,243,630 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
136,536,530 131,292,900 136,536,530 131,292,900

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)

228-Trinity

113-906/Kennard ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 64,283 N/A 64,283 64,283
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 0 N/A 0 0
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 243,869 N/A 243,869 243,869
D2. REAL PROP:FARM & RANCH 6,301 N/A 6,301 6,301
E. REAL PROP NONQUAL ACREAGE 1,066,965 N/A 1,066,965 1,066,965
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 36,145 N/A 36,145 36,145
L1. COMMERCIAL PERSONAL 49,586 N/A 49,586 49,586
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 0 N/A 0 0
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,467,149 0 1,467,149 1,467,149
Less Total Deductions 337,636 0 337,636 337,636
Total Taxable Value 1,129,513 0 1,129,513 1,129,513

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
1,189,513 1,129,513 1,189,513 1,129,513


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,000 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
1,189,513 1,129,513 1,189,513 1,129,513

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

113-906-02/Kennard ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 20,684,703 0.8395 24,638,732 24,638,732
B. MULTIFAMILY RESIDENCES 243,060 N/A 243,060 243,060
C1. VACANT LOTS 1,556,070 N/A 1,556,070 1,556,070
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 21,817,369 0.9930 21,970,760 21,970,760
D2. REAL PROP:FARM & RANCH 5,067,161 N/A 5,067,161 5,067,161
E. REAL PROP NONQUAL ACREAGE 56,830,385 0.6974 81,487,242 81,487,242
F1. COMMERCIAL REAL 1,870,140 N/A 1,870,140 1,870,140
F2. INDUSTRIAL REAL 125,790 N/A 125,790 125,790
G. OIL,GAS,MINERALS 2,507,250 N/A 2,507,250 2,507,250
J. UTILITIES 10,269,065 0.9105 11,278,641 11,278,641
L1. COMMERCIAL PERSONAL 2,272,866 N/A 2,272,866 2,272,866
L2. INDUSTRIAL PERSONAL 1,365,280 N/A 1,365,280 1,365,280
M. MOBILE HOMES 5,396,280 N/A 5,396,280 5,396,280
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 130,005,419 159,779,272 159,779,272
Less Total Deductions 23,474,598 27,356,859 27,356,859
Total Taxable Value 106,530,821 132,422,413 132,422,413

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
137,726,043 132,422,413 137,726,043 132,422,413


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,303,630 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
137,726,043 132,422,413 137,726,043 132,422,413

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