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