taxes Property Tax Assistance

2020 ISD Summary Worksheet

175-Navarro

175-907/Kerens ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 156,140,200 N/A 156,140,200 156,140,200
B - MULTIFAMILY 733,870 N/A 733,870 733,870
C1 - VACANT LOTS 29,975,586 N/A 29,975,586 29,975,586
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,056,525 N/A 14,056,525 14,056,525
D2 - FARM & RANCH IMP 2,388,744 N/A 2,388,744 2,388,744
E - NON-AG LAND AND IMPROVEMENTS 81,537,496 N/A 81,537,496 81,537,496
F1 - COMMERCIAL REAL 13,654,491 N/A 13,654,491 13,654,491
F2 - INDUSTRIAL REAL 134,790 N/A 134,790 134,790
G - ALL MINERALS 2,942,990 N/A 2,942,990 2,942,990
J - ALL UTILITIES 108,091,720 N/A 108,091,720 108,091,720
L1 - COMMERCIAL PERSONAL 3,377,250 N/A 3,377,250 3,377,250
L2 - INDUSTRIAL PERSONAL 9,595,160 N/A 9,595,160 9,595,160
M1 - MOBILE HOMES 2,550,870 N/A 2,550,870 2,550,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 23,780 N/A 23,780 23,780
S - SPECIAL INVENTORY 154,630 N/A 154,630 154,630
Subtotal 425,358,102 0 425,358,102 425,358,102
Less Total Deductions 53,294,648 0 53,294,648 53,294,648
Total Taxable Value 372,063,454 0 372,063,454 372,063,454

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
380,063,756 372,063,454 380,063,756 372,063,454


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,000,302 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
380,063,756 372,063,454 380,063,756 372,063,454

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 156,140,200 N/A 156,140,200 156,140,200
B - MULTIFAMILY 733,870 N/A 733,870 733,870
C1 - VACANT LOTS 29,975,586 N/A 29,975,586 29,975,586
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,056,525 N/A 14,056,525 14,056,525
D2 - FARM & RANCH IMP 2,388,744 N/A 2,388,744 2,388,744
E - NON-AG LAND AND IMPROVEMENTS 81,537,496 N/A 81,537,496 81,537,496
F1 - COMMERCIAL REAL 13,654,491 N/A 13,654,491 13,654,491
F2 - INDUSTRIAL REAL 134,790 N/A 134,790 134,790
G - ALL MINERALS 2,942,990 N/A 2,942,990 2,942,990
J - ALL UTILITIES 108,091,720 N/A 108,091,720 108,091,720
L1 - COMMERCIAL PERSONAL 3,377,250 N/A 3,377,250 3,377,250
L2 - INDUSTRIAL PERSONAL 9,595,160 N/A 9,595,160 9,595,160
M1 - MOBILE HOMES 2,550,870 N/A 2,550,870 2,550,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 23,780 N/A 23,780 23,780
S - SPECIAL INVENTORY 154,630 N/A 154,630 154,630
Subtotal 425,358,102 425,358,102 425,358,102
Less Total Deductions 53,294,648 53,294,648 53,294,648
Total Taxable Value 372,063,454 372,063,454 372,063,454

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
380,063,756 372,063,454 380,063,756 372,063,454


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,000,302 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
380,063,756 372,063,454 380,063,756 372,063,454

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