taxes Property Tax Assistance

2021 ISD Summary Worksheet

175-Navarro /Navarro County

175-907/Kerens ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 169,512,340 0.9021 187,908,591 169,512,340
B - MULTIFAMILY 733,870 N/A 733,870 733,870
C1 - VACANT LOTS 36,030,152 1.0143 35,522,185 36,030,152
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,008,936 1.2231 12,271,290 15,008,936
D2 - FARM & RANCH IMP 2,214,884 N/A 2,214,884 2,214,884
E - NON-AG LAND AND IMPROVEMENTS 92,898,669 0.9757 95,212,329 92,898,669
F1 - COMMERCIAL REAL 15,897,867 N/A 15,897,867 15,897,867
F2 - INDUSTRIAL REAL 134,790 N/A 134,790 134,790
G - ALL MINERALS 2,250,870 N/A 2,250,870 2,250,870
J - ALL UTILITIES 108,121,030 0.9294 116,334,226 108,121,030
L1 - COMMERCIAL PERSONAL 3,243,190 N/A 3,243,190 3,243,190
L2 - INDUSTRIAL PERSONAL 5,000,630 N/A 5,000,630 5,000,630
M1 - MOBILE HOMES 3,133,450 N/A 3,133,450 3,133,450
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 115,760 N/A 115,760 115,760
Subtotal 454,296,438 0 479,973,932 454,296,438
Less Total Deductions 52,293,088 0 60,171,198 52,293,088
Total Taxable Value 402,003,350 0 419,802,734 402,003,350

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
409,869,595 402,003,350 409,869,595 402,003,350


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,866,245 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
409,869,595 402,003,350 409,869,595 402,003,350

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

175-907-02/Kerens ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 169,512,340 0.9021 187,908,591 169,512,340
B - MULTIFAMILY 733,870 N/A 733,870 733,870
C1 - VACANT LOTS 36,030,152 1.0143 35,522,185 36,030,152
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,008,936 1.2231 12,271,290 15,008,936
D2 - FARM & RANCH IMP 2,214,884 N/A 2,214,884 2,214,884
E - NON-AG LAND AND IMPROVEMENTS 92,898,669 0.9757 95,212,329 92,898,669
F1 - COMMERCIAL REAL 15,897,867 N/A 15,897,867 15,897,867
F2 - INDUSTRIAL REAL 134,790 N/A 134,790 134,790
G - ALL MINERALS 2,250,870 N/A 2,250,870 2,250,870
J - ALL UTILITIES 108,121,030 0.9294 116,334,226 108,121,030
L1 - COMMERCIAL PERSONAL 3,243,190 N/A 3,243,190 3,243,190
L2 - INDUSTRIAL PERSONAL 5,000,630 N/A 5,000,630 5,000,630
M1 - MOBILE HOMES 3,133,450 N/A 3,133,450 3,133,450
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 115,760 N/A 115,760 115,760
Subtotal 454,296,438 479,973,932 454,296,438
Less Total Deductions 52,293,088 60,171,198 52,293,088
Total Taxable Value 402,003,350 419,802,734 402,003,350

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
409,869,595 402,003,350 409,869,595 402,003,350


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,866,245 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
409,869,595 402,003,350 409,869,595 402,003,350

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