taxes Property Tax Assistance

2019 ISD Summary Worksheet

220-Tarrant

220-914/Kennedale ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,507,717,854 0.9992 1,508,924,994 1,507,717,854
B. MULTIFAMILY RESIDENCES 136,725,765 0.9265 147,572,331 136,725,765
C1. VACANT LOTS 25,337,273 N/A 25,337,273 25,337,273
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 80,324 2.2199 36,184 80,324
D2. REAL PROP:FARM & RANCH 61,600 N/A 61,600 61,600
E. REAL PROP NONQUAL ACREAGE 6,068,675 N/A 6,068,675 6,068,675
F1. COMMERCIAL REAL 150,810,588 0.8636 174,630,139 150,810,588
F2. INDUSTRIAL REAL 12,860,544 N/A 12,860,544 12,860,544
G. OIL,GAS,MINERALS 10,587,790 N/A 10,587,790 10,587,790
J. UTILITIES 30,303,237 N/A 30,303,237 30,303,237
L1. COMMERCIAL PERSONAL 44,938,730 N/A 44,938,730 44,938,730
L2. INDUSTRIAL PERSONAL 7,279,767 N/A 7,279,767 7,279,767
M. MOBILE HOMES 1,395,416 N/A 1,395,416 1,395,416
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,309,800 N/A 1,309,800 1,309,800
S. SPECIAL INVENTORY 2,628,100 N/A 2,628,100 2,628,100
Subtotal 1,938,105,463 0 1,973,934,580 1,938,105,463
Less Total Deductions 349,049,098 0 349,370,576 349,049,098
Total Taxable Value 1,589,056,365 0 1,624,564,004 1,589,056,365

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
1,635,326,688 1,589,056,365 1,635,326,688 1,589,056,365


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,270,323 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
1,635,326,688 1,589,056,365 1,635,326,688 1,589,056,365

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

220-914-02/Kennedale ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,507,717,854 0.9992 1,508,924,994 1,507,717,854
B. MULTIFAMILY RESIDENCES 136,725,765 0.9265 147,572,331 136,725,765
C1. VACANT LOTS 25,337,273 N/A 25,337,273 25,337,273
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 80,324 2.2199 36,184 80,324
D2. REAL PROP:FARM & RANCH 61,600 N/A 61,600 61,600
E. REAL PROP NONQUAL ACREAGE 6,068,675 N/A 6,068,675 6,068,675
F1. COMMERCIAL REAL 150,810,588 0.8636 174,630,139 150,810,588
F2. INDUSTRIAL REAL 12,860,544 N/A 12,860,544 12,860,544
G. OIL,GAS,MINERALS 10,587,790 N/A 10,587,790 10,587,790
J. UTILITIES 30,303,237 N/A 30,303,237 30,303,237
L1. COMMERCIAL PERSONAL 44,938,730 N/A 44,938,730 44,938,730
L2. INDUSTRIAL PERSONAL 7,279,767 N/A 7,279,767 7,279,767
M. MOBILE HOMES 1,395,416 N/A 1,395,416 1,395,416
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,309,800 N/A 1,309,800 1,309,800
S. SPECIAL INVENTORY 2,628,100 N/A 2,628,100 2,628,100
Subtotal 1,938,105,463 1,973,934,580 1,938,105,463
Less Total Deductions 349,049,098 349,370,576 349,049,098
Total Taxable Value 1,589,056,365 1,624,564,004 1,589,056,365

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
1,635,326,688 1,589,056,365 1,635,326,688 1,589,056,365


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
46,270,323 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
1,635,326,688 1,589,056,365 1,635,326,688 1,589,056,365

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