taxes Property Tax Assistance

2019 ISD Summary Worksheet

107-Henderson

129-904/Kemp ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 88,255,280 0.8563 103,065,841 88,255,280
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 6,499,030 N/A 6,499,030 6,499,030
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,152,400 0.9917 2,170,484 2,152,400
D2. REAL PROP:FARM & RANCH 383,920 N/A 383,920 383,920
E. REAL PROP NONQUAL ACREAGE 34,819,410 0.8837 39,401,845 34,819,410
F1. COMMERCIAL REAL 2,922,570 N/A 2,922,570 2,922,570
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 33,800 N/A 33,800 33,800
J. UTILITIES 14,141,480 N/A 14,141,480 14,141,480
L1. COMMERCIAL PERSONAL 693,960 N/A 693,960 693,960
L2. INDUSTRIAL PERSONAL 422,890 N/A 422,890 422,890
M. MOBILE HOMES 2,239,570 N/A 2,239,570 2,239,570
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 48,040 N/A 48,040 48,040
Subtotal 152,612,350 0 172,023,430 152,612,350
Less Total Deductions 33,859,834 0 40,367,753 33,859,834
Total Taxable Value 118,752,516 0 131,655,677 118,752,516

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
124,063,363 118,752,516 124,063,363 118,752,516


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,310,847 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
124,063,363 118,752,516 124,063,363 118,752,516

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 TWO OF THE GRACE PERIOD

129-Kaufman

129-904/Kemp ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 198,841,328 0.9029 220,225,194 220,225,194
B. MULTIFAMILY RESIDENCES 16,452,090 N/A 16,452,090 16,452,090
C1. VACANT LOTS 32,299,582 0.9933 32,517,449 32,517,449
C2. COLONIA LOTS 99,417,349 N/A 99,417,349 99,417,349
D1. QUALIFIED AG LAND 5,090,750 0.9924 5,138,130 5,138,130
D2. REAL PROP:FARM & RANCH 3,804,764 N/A 3,804,764 3,804,764
E. REAL PROP NONQUAL ACREAGE 0 1.0030 0 0
F1. COMMERCIAL REAL 37,616,696 0.9345 40,253,286 40,253,286
F2. INDUSTRIAL REAL 800,000 N/A 800,000 800,000
G. OIL,GAS,MINERALS 306,180 N/A 306,180 306,180
J. UTILITIES 23,695,130 N/A 23,695,130 23,695,130
L1. COMMERCIAL PERSONAL 16,320,890 1.0223 15,964,873 15,964,873
L2. INDUSTRIAL PERSONAL 3,582,960 N/A 3,582,960 3,582,960
M. MOBILE HOMES 12,730,791 N/A 12,730,791 12,730,791
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 10,094,750 N/A 10,094,750 10,094,750
S. SPECIAL INVENTORY 26,830 N/A 26,830 26,830
Subtotal 461,080,090 0 485,009,776 485,009,776
Less Total Deductions 97,029,024 0 108,184,991 108,184,991
Total Taxable Value 364,051,066 0 376,824,785 376,824,785

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
390,278,844 376,824,785 390,278,844 376,824,785


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,454,059 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
390,278,844 376,824,785 390,278,844 376,824,785

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 287,096,608 0.8880 323,291,035 308,480,474
B. MULTIFAMILY RESIDENCES 16,452,090 N/A 16,452,090 16,452,090
C1. VACANT LOTS 38,798,612 0.9944 39,016,479 39,016,479
C2. COLONIA LOTS 99,417,349 N/A 99,417,349 99,417,349
D1. QUALIFIED AG LAND 7,243,150 0.9910 7,308,614 7,290,530
D2. REAL PROP:FARM & RANCH 4,188,684 N/A 4,188,684 4,188,684
E. REAL PROP NONQUAL ACREAGE 34,819,410 0.8837 39,401,845 34,819,410
F1. COMMERCIAL REAL 40,539,266 0.9389 43,175,856 43,175,856
F2. INDUSTRIAL REAL 800,000 N/A 800,000 800,000
G. OIL,GAS,MINERALS 339,980 N/A 339,980 339,980
J. UTILITIES 37,836,610 N/A 37,836,610 37,836,610
L1. COMMERCIAL PERSONAL 17,014,850 1.0214 16,658,833 16,658,833
L2. INDUSTRIAL PERSONAL 4,005,850 N/A 4,005,850 4,005,850
M. MOBILE HOMES 14,970,361 N/A 14,970,361 14,970,361
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 10,094,750 N/A 10,094,750 10,094,750
S. SPECIAL INVENTORY 74,870 N/A 74,870 74,870
Subtotal 613,692,440 657,033,206 637,622,126
Less Total Deductions 130,888,858 148,552,744 142,044,825
Total Taxable Value 482,803,582 508,480,462 495,577,301

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
514,342,207 495,577,301 514,342,207 495,577,301


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
18,764,906 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
514,342,207 495,577,301 514,342,207 495,577,301

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