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	1,509,060,306	0.9992	1,510,268,521	1,509,060,306
B. MULTIFAMILY RESIDENCES	136,725,765	0.9265	147,572,331	136,725,765
C1. VACANT LOTS	25,953,282	N/A	25,953,282	25,953,282
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	156,848,488	0.8636	181,621,686	156,848,488
F2. INDUSTRIAL REAL	13,088,474	N/A	13,088,474	13,088,474
G. OIL,GAS,MINERALS	11,441,600	N/A	11,441,600	11,441,600
J. UTILITIES	30,391,848	N/A	30,391,848	30,391,848
L1. COMMERCIAL PERSONAL	44,598,015	N/A	44,598,015	44,598,015
L2. INDUSTRIAL PERSONAL	7,288,551	N/A	7,288,551	7,288,551
M. MOBILE HOMES	1,393,067	N/A	1,393,067	1,393,067
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	1,946,937,895	0	1,983,721,734	1,946,937,895
Less Total Deductions	344,531,059	0	344,848,674	344,531,059
Total Taxable Value	1,602,406,836	0	1,638,873,060	1,602,406,836

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
1,648,338,197	1,602,406,836	1,648,338,197	1,602,406,836

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
45,931,361	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
1,648,338,197	1,602,406,836	1,648,338,197	1,602,406,836

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	1,509,060,306	0.9992	1,510,268,521	1,509,060,306
B. MULTIFAMILY RESIDENCES	136,725,765	0.9265	147,572,331	136,725,765
C1. VACANT LOTS	25,953,282	N/A	25,953,282	25,953,282
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	156,848,488	0.8636	181,621,686	156,848,488
F2. INDUSTRIAL REAL	13,088,474	N/A	13,088,474	13,088,474
G. OIL,GAS,MINERALS	11,441,600	N/A	11,441,600	11,441,600
J. UTILITIES	30,391,848	N/A	30,391,848	30,391,848
L1. COMMERCIAL PERSONAL	44,598,015	N/A	44,598,015	44,598,015
L2. INDUSTRIAL PERSONAL	7,288,551	N/A	7,288,551	7,288,551
M. MOBILE HOMES	1,393,067	N/A	1,393,067	1,393,067
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	1,946,937,895		1,983,721,734	1,946,937,895
Less Total Deductions	344,531,059		344,848,674	344,531,059
Total Taxable Value	1,602,406,836		1,638,873,060	1,602,406,836

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
1,648,338,197	1,602,406,836	1,648,338,197	1,602,406,836

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
45,931,361	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
1,648,338,197	1,602,406,836	1,648,338,197	1,602,406,836

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