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