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 142,113,320 0.9804 144,954,427 142,113,320
B. MULTIFAMILY RESIDENCES 635,710 N/A 635,710 635,710
C1. VACANT LOTS 18,949,352 0.9898 19,144,627 18,949,352
D1. QUALIFIED AG LAND 13,114,488 0.9461 13,861,914 13,114,488
D2. REAL PROP:FARM & RANCH 1,689,193 N/A 1,689,193 1,689,193
E. REAL PROP NONQUAL ACREAGE 79,582,169 0.9888 80,483,585 79,582,169
F1. COMMERCIAL REAL 11,289,846 N/A 11,289,846 11,289,846
F2. INDUSTRIAL REAL 222,070 N/A 222,070 222,070
G. OIL,GAS,MINERALS 4,008,870 N/A 4,008,870 4,008,870
J. UTILITIES 100,407,290 0.9628 104,286,757 100,407,290
L1. COMMERCIAL PERSONAL 3,942,150 N/A 3,942,150 3,942,150
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
O. RESIDENTIAL INVENTORY 132,130 N/A 132,130 132,130
S. SPECIAL INVENTORY 28,390 N/A 28,390 28,390
Subtotal 385,445,148 0 394,009,839 385,445,148
Less Total Deductions 50,129,445 0 51,294,694 50,129,445
Total Taxable Value 335,315,703 0 342,715,145 335,315,703

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
343,321,386 335,315,703 343,321,386 335,315,703


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,005,683 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
343,321,386 335,315,703 343,321,386 335,315,703

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 142,113,320 0.9804 144,954,427 142,113,320
B. MULTIFAMILY RESIDENCES 635,710 N/A 635,710 635,710
C1. VACANT LOTS 18,949,352 0.9898 19,144,627 18,949,352
D1. QUALIFIED AG LAND 13,114,488 0.9461 13,861,914 13,114,488
D2. REAL PROP:FARM & RANCH 1,689,193 N/A 1,689,193 1,689,193
E. REAL PROP NONQUAL ACREAGE 79,582,169 0.9888 80,483,585 79,582,169
F1. COMMERCIAL REAL 11,289,846 N/A 11,289,846 11,289,846
F2. INDUSTRIAL REAL 222,070 N/A 222,070 222,070
G. OIL,GAS,MINERALS 4,008,870 N/A 4,008,870 4,008,870
J. UTILITIES 100,407,290 0.9628 104,286,757 100,407,290
L1. COMMERCIAL PERSONAL 3,942,150 N/A 3,942,150 3,942,150
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
O. RESIDENTIAL INVENTORY 132,130 N/A 132,130 132,130
S. SPECIAL INVENTORY 28,390 N/A 28,390 28,390
Subtotal 385,445,148 394,009,839 385,445,148
Less Total Deductions 50,129,445 51,294,694 50,129,445
Total Taxable Value 335,315,703 342,715,145 335,315,703

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
343,321,386 335,315,703 343,321,386 335,315,703


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,005,683 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
343,321,386 335,315,703 343,321,386 335,315,703

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