taxes Property Tax Assistance

2018 ISD Summary Worksheet

248-Winkler

248-901/Kermit ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	140,111,748	0.9252	151,439,416	140,111,748
B. MULTIFAMILY RESIDENCES	1,661,930	N/A	1,661,930	1,661,930
C1. VACANT LOTS	831,040	N/A	831,040	831,040
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	802,792	0.9513	843,894	802,792
D2. REAL PROP:FARM & RANCH	250,076	N/A	250,076	250,076
E. REAL PROP NONQUAL ACREAGE	8,366,953	N/A	8,366,953	8,366,953
F1. COMMERCIAL REAL	36,280,136	0.9320	38,927,185	36,280,136
F2. INDUSTRIAL REAL	152,389,310	N/A	152,389,310	152,389,310
G. OIL,GAS,MINERALS	173,464,880	1.0162	170,699,547	173,464,880
J. UTILITIES	162,716,360	0.9625	169,055,958	162,716,360
L1. COMMERCIAL PERSONAL	19,462,990	N/A	19,462,990	19,462,990
L2. INDUSTRIAL PERSONAL	134,251,360	N/A	134,251,360	134,251,360
M. MOBILE HOMES	2,221,120	N/A	2,221,120	2,221,120
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	832,810,695	0	850,400,779	832,810,695
Less Total Deductions	143,967,197	0	147,326,135	143,967,197
Total Taxable Value	688,843,498	0	703,074,644	688,843,498

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
701,226,181	688,843,498	692,267,961	679,885,278

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
12,382,683	8,958,220

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
781,452,481	769,069,798	772,494,261	760,111,578

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

248-901-02/Kermit ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	140,111,748	0.9252	151,439,416	140,111,748
B. MULTIFAMILY RESIDENCES	1,661,930	N/A	1,661,930	1,661,930
C1. VACANT LOTS	831,040	N/A	831,040	831,040
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	802,792	0.9513	843,894	802,792
D2. REAL PROP:FARM & RANCH	250,076	N/A	250,076	250,076
E. REAL PROP NONQUAL ACREAGE	8,366,953	N/A	8,366,953	8,366,953
F1. COMMERCIAL REAL	36,280,136	0.9320	38,927,185	36,280,136
F2. INDUSTRIAL REAL	152,389,310	N/A	152,389,310	152,389,310
G. OIL,GAS,MINERALS	173,464,880	1.0162	170,699,547	173,464,880
J. UTILITIES	162,716,360	0.9625	169,055,958	162,716,360
L1. COMMERCIAL PERSONAL	19,462,990	N/A	19,462,990	19,462,990
L2. INDUSTRIAL PERSONAL	134,251,360	N/A	134,251,360	134,251,360
M. MOBILE HOMES	2,221,120	N/A	2,221,120	2,221,120
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	832,810,695		850,400,779	832,810,695
Less Total Deductions	143,967,197		147,326,135	143,967,197
Total Taxable Value	688,843,498		703,074,644	688,843,498

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
701,226,181	688,843,498	692,267,961	679,885,278

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
12,382,683	8,958,220

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
781,452,481	769,069,798	772,494,261	760,111,578

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