taxes Property Tax Assistance

2019 ISD Summary Worksheet

248-Winkler

248-901/Kermit ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	153,989,661	N/A	153,989,661	153,989,661
B. MULTIFAMILY RESIDENCES	1,669,270	N/A	1,669,270	1,669,270
C1. VACANT LOTS	858,240	N/A	858,240	858,240
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	827,688	N/A	827,688	827,688
D2. REAL PROP:FARM & RANCH	247,625	N/A	247,625	247,625
E. REAL PROP NONQUAL ACREAGE	8,160,642	N/A	8,160,642	8,160,642
F1. COMMERCIAL REAL	45,005,519	N/A	45,005,519	45,005,519
F2. INDUSTRIAL REAL	271,102,290	N/A	271,102,290	271,102,290
G. OIL,GAS,MINERALS	266,938,380	N/A	266,938,380	266,938,380
J. UTILITIES	234,156,210	N/A	234,156,210	234,156,210
L1. COMMERCIAL PERSONAL	22,871,630	N/A	22,871,630	22,871,630
L2. INDUSTRIAL PERSONAL	315,564,430	N/A	315,564,430	315,564,430
M. MOBILE HOMES	4,852,740	N/A	4,852,740	4,852,740
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	1,326,244,325	0	1,326,244,325	1,326,244,325
Less Total Deductions	94,242,466	0	94,242,466	94,242,466
Total Taxable Value	1,232,001,859	0	1,232,001,859	1,232,001,859

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
1,244,510,945	1,232,001,859	1,234,629,459	1,222,120,373

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
12,509,086	9,881,486

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
1,244,510,945	1,232,001,859	1,234,629,459	1,222,120,373

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

248-901-02/Kermit ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	153,989,661	N/A	153,989,661	153,989,661
B. MULTIFAMILY RESIDENCES	1,669,270	N/A	1,669,270	1,669,270
C1. VACANT LOTS	858,240	N/A	858,240	858,240
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	827,688	N/A	827,688	827,688
D2. REAL PROP:FARM & RANCH	247,625	N/A	247,625	247,625
E. REAL PROP NONQUAL ACREAGE	8,160,642	N/A	8,160,642	8,160,642
F1. COMMERCIAL REAL	45,005,519	N/A	45,005,519	45,005,519
F2. INDUSTRIAL REAL	271,102,290	N/A	271,102,290	271,102,290
G. OIL,GAS,MINERALS	266,938,380	N/A	266,938,380	266,938,380
J. UTILITIES	234,156,210	N/A	234,156,210	234,156,210
L1. COMMERCIAL PERSONAL	22,871,630	N/A	22,871,630	22,871,630
L2. INDUSTRIAL PERSONAL	315,564,430	N/A	315,564,430	315,564,430
M. MOBILE HOMES	4,852,740	N/A	4,852,740	4,852,740
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	1,326,244,325		1,326,244,325	1,326,244,325
Less Total Deductions	94,242,466		94,242,466	94,242,466
Total Taxable Value	1,232,001,859		1,232,001,859	1,232,001,859

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
1,244,510,945	1,232,001,859	1,234,629,459	1,222,120,373

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
12,509,086	9,881,486

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
1,244,510,945	1,232,001,859	1,234,629,459	1,222,120,373

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