taxes Property Tax Assistance

2019 ISD Summary Worksheet

126-Johnson

126-906/Keene ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 113,604,376 0.9176 123,805,990 123,805,990
B. MULTIFAMILY RESIDENCES 17,006,848 0.9546 17,815,680 17,815,680
C1. VACANT LOTS 3,282,025 N/A 3,282,025 3,282,025
D1. QUALIFIED AG LAND 96,024 1.7453 55,018 55,018
D2. REAL PROP:FARM & RANCH 353,359 N/A 353,359 353,359
E. REAL PROP NONQUAL ACREAGE 21,152,452 0.9390 22,526,573 22,526,573
F1. COMMERCIAL REAL 18,545,792 0.9368 19,796,960 19,796,960
F2. INDUSTRIAL REAL 679,259 N/A 679,259 679,259
G. OIL,GAS,MINERALS 8,863,327 N/A 8,863,327 8,863,327
J. UTILITIES 4,408,470 N/A 4,408,470 4,408,470
L1. COMMERCIAL PERSONAL 23,565,263 0.9980 23,612,488 23,612,488
L2. INDUSTRIAL PERSONAL 278,902 N/A 278,902 278,902
M. MOBILE HOMES 2,526,473 N/A 2,526,473 2,526,473
O. RESIDENTIAL INVENTORY 696,000 N/A 696,000 696,000
S. SPECIAL INVENTORY 19,324 N/A 19,324 19,324
Subtotal 215,077,894 0 228,719,848 228,719,848
Less Total Deductions 36,832,232 0 40,958,626 40,958,626
Total Taxable Value 178,245,662 0 187,761,222 187,761,222

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
193,790,667 187,761,222 193,790,667 187,761,222


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,029,445 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
193,790,667 187,761,222 193,790,667 187,761,222

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)

126-906-02/Keene ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 113,604,376 0.9176 123,805,990 123,805,990
B. MULTIFAMILY RESIDENCES 17,006,848 0.9546 17,815,680 17,815,680
C1. VACANT LOTS 3,282,025 N/A 3,282,025 3,282,025
D1. QUALIFIED AG LAND 96,024 1.7453 55,018 55,018
D2. REAL PROP:FARM & RANCH 353,359 N/A 353,359 353,359
E. REAL PROP NONQUAL ACREAGE 21,152,452 0.9390 22,526,573 22,526,573
F1. COMMERCIAL REAL 18,545,792 0.9368 19,796,960 19,796,960
F2. INDUSTRIAL REAL 679,259 N/A 679,259 679,259
G. OIL,GAS,MINERALS 8,863,327 N/A 8,863,327 8,863,327
J. UTILITIES 4,408,470 N/A 4,408,470 4,408,470
L1. COMMERCIAL PERSONAL 23,565,263 0.9980 23,612,488 23,612,488
L2. INDUSTRIAL PERSONAL 278,902 N/A 278,902 278,902
M. MOBILE HOMES 2,526,473 N/A 2,526,473 2,526,473
O. RESIDENTIAL INVENTORY 696,000 N/A 696,000 696,000
S. SPECIAL INVENTORY 19,324 N/A 19,324 19,324
Subtotal 215,077,894 228,719,848 228,719,848
Less Total Deductions 36,832,232 40,958,626 40,958,626
Total Taxable Value 178,245,662 187,761,222 187,761,222

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
193,790,667 187,761,222 193,790,667 187,761,222


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,029,445 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
193,790,667 187,761,222 193,790,667 187,761,222

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