taxes Property Tax Assistance

2019 ISD Summary Worksheet

175-Navarro

175-907/Kerens ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	142,092,800	0.9804	144,933,497	142,092,800
B. MULTIFAMILY RESIDENCES	635,710	N/A	635,710	635,710
C1. VACANT LOTS	18,950,552	0.9898	19,145,840	18,950,552
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	13,114,932	0.9461	13,862,126	13,114,932
D2. REAL PROP:FARM & RANCH	1,689,193	N/A	1,689,193	1,689,193
E. REAL PROP NONQUAL ACREAGE	79,482,774	0.9888	80,383,064	79,482,774
F1. COMMERCIAL REAL	11,195,800	N/A	11,195,800	11,195,800
F2. INDUSTRIAL REAL	222,070	N/A	222,070	222,070
G. OIL,GAS,MINERALS	3,966,010	N/A	3,966,010	3,966,010
J. UTILITIES	100,406,850	0.9628	104,286,300	100,406,850
L1. COMMERCIAL PERSONAL	3,920,190	N/A	3,920,190	3,920,190
L2. INDUSTRIAL PERSONAL	7,341,270	N/A	7,341,270	7,341,270
M. MOBILE HOMES	1,988,900	N/A	1,988,900	1,988,900
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	132,130	N/A	132,130	132,130
S. SPECIAL INVENTORY	28,390	N/A	28,390	28,390
Subtotal	385,167,571	0	393,730,490	385,167,571
Less Total Deductions	51,755,261	0	53,041,089	51,755,261
Total Taxable Value	333,412,310	0	340,689,401	333,412,310

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
341,551,161	333,412,310	341,551,161	333,412,310

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,138,851	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
341,551,161	333,412,310	341,551,161	333,412,310

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

175-907-02/Kerens ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	142,092,800	0.9804	144,933,497	142,092,800
B. MULTIFAMILY RESIDENCES	635,710	N/A	635,710	635,710
C1. VACANT LOTS	18,950,552	0.9898	19,145,840	18,950,552
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	13,114,932	0.9461	13,862,126	13,114,932
D2. REAL PROP:FARM & RANCH	1,689,193	N/A	1,689,193	1,689,193
E. REAL PROP NONQUAL ACREAGE	79,482,774	0.9888	80,383,064	79,482,774
F1. COMMERCIAL REAL	11,195,800	N/A	11,195,800	11,195,800
F2. INDUSTRIAL REAL	222,070	N/A	222,070	222,070
G. OIL,GAS,MINERALS	3,966,010	N/A	3,966,010	3,966,010
J. UTILITIES	100,406,850	0.9628	104,286,300	100,406,850
L1. COMMERCIAL PERSONAL	3,920,190	N/A	3,920,190	3,920,190
L2. INDUSTRIAL PERSONAL	7,341,270	N/A	7,341,270	7,341,270
M. MOBILE HOMES	1,988,900	N/A	1,988,900	1,988,900
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	132,130	N/A	132,130	132,130
S. SPECIAL INVENTORY	28,390	N/A	28,390	28,390
Subtotal	385,167,571		393,730,490	385,167,571
Less Total Deductions	51,755,261		53,041,089	51,755,261
Total Taxable Value	333,412,310		340,689,401	333,412,310

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
341,551,161	333,412,310	341,551,161	333,412,310

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,138,851	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
341,551,161	333,412,310	341,551,161	333,412,310

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