taxes Property Tax Assistance

2019 ISD Summary Worksheet

133-Kerr

133-903/Kerrville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,207,417,284 0.8990 2,455,414,109 2,207,417,284
B. MULTIFAMILY RESIDENCES 101,750,853 N/A 101,750,853 101,750,853
C1. VACANT LOTS 68,375,889 N/A 68,375,889 68,375,889
D1. QUALIFIED AG LAND 4,429,109 0.7922 5,591,196 4,429,109
D2. REAL PROP:FARM & RANCH 2,140,625 N/A 2,140,625 2,140,625
E. REAL PROP NONQUAL ACREAGE 368,255,348 0.9800 375,770,763 368,255,348
F1. COMMERCIAL REAL 413,049,995 0.8492 486,398,958 413,049,995
F2. INDUSTRIAL REAL 3,610,941 N/A 3,610,941 3,610,941
J. UTILITIES 37,763,686 N/A 37,763,686 37,763,686
L1. COMMERCIAL PERSONAL 115,585,859 N/A 115,585,859 115,585,859
L2. INDUSTRIAL PERSONAL 57,250,427 N/A 57,250,427 57,250,427
M. MOBILE HOMES 28,773,989 N/A 28,773,989 28,773,989
O. RESIDENTIAL INVENTORY 7,864,022 N/A 7,864,022 7,864,022
S. SPECIAL INVENTORY 13,900,195 N/A 13,900,195 13,900,195
Subtotal 3,430,168,222 0 3,760,191,512 3,430,168,222
Less Total Deductions 598,504,680 0 731,169,616 598,504,680
Total Taxable Value 2,831,663,542 0 3,029,021,896 2,831,663,542

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
2,913,559,515 2,831,663,542 2,913,559,515 2,831,663,542


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
81,895,973 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
2,913,559,515 2,831,663,542 2,913,559,515 2,831,663,542

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 ONE OF THE GRACE PERIOD

133-903-02/Kerrville ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,207,417,284 0.8990 2,455,414,109 2,207,417,284
B. MULTIFAMILY RESIDENCES 101,750,853 N/A 101,750,853 101,750,853
C1. VACANT LOTS 68,375,889 N/A 68,375,889 68,375,889
D1. QUALIFIED AG LAND 4,429,109 0.7922 5,591,196 4,429,109
D2. REAL PROP:FARM & RANCH 2,140,625 N/A 2,140,625 2,140,625
E. REAL PROP NONQUAL ACREAGE 368,255,348 0.9800 375,770,763 368,255,348
F1. COMMERCIAL REAL 413,049,995 0.8492 486,398,958 413,049,995
F2. INDUSTRIAL REAL 3,610,941 N/A 3,610,941 3,610,941
J. UTILITIES 37,763,686 N/A 37,763,686 37,763,686
L1. COMMERCIAL PERSONAL 115,585,859 N/A 115,585,859 115,585,859
L2. INDUSTRIAL PERSONAL 57,250,427 N/A 57,250,427 57,250,427
M. MOBILE HOMES 28,773,989 N/A 28,773,989 28,773,989
O. RESIDENTIAL INVENTORY 7,864,022 N/A 7,864,022 7,864,022
S. SPECIAL INVENTORY 13,900,195 N/A 13,900,195 13,900,195
Subtotal 3,430,168,222 3,760,191,512 3,430,168,222
Less Total Deductions 598,504,680 731,169,616 598,504,680
Total Taxable Value 2,831,663,542 3,029,021,896 2,831,663,542

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
2,913,559,515 2,831,663,542 2,913,559,515 2,831,663,542


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
81,895,973 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
2,913,559,515 2,831,663,542 2,913,559,515 2,831,663,542

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