taxes Property Tax Assistance

2021 ISD Summary Worksheet

Kermit ISD (all splits)   Winkler County  

248-Winkler/Winkler County

248-901/Kermit ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 184,984,746 0.8652 213,805,763 213,805,763
B - MULTIFAMILY 1,759,840 N/A 1,759,840 1,759,840
C1 - VACANT LOTS 880,810 N/A 880,810 880,810
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 906,815 1.3176 688,250 688,250
D2 - FARM & RANCH IMP 290,475 N/A 290,475 290,475
E - NON-AG LAND AND IMPROVEMENTS 13,611,634 N/A 13,611,634 13,611,634
F1 - COMMERCIAL REAL 49,745,866 1.0050 49,498,374 49,498,374
F2 - INDUSTRIAL REAL 190,026,120 N/A 190,026,120 190,026,120
G - ALL MINERALS 132,642,850 0.9736 136,239,575 136,239,575
J - ALL UTILITIES 289,190,610 1.0296 280,876,661 280,876,661
L1 - COMMERCIAL PERSONAL 30,733,070 N/A 30,733,070 30,733,070
L2 - INDUSTRIAL PERSONAL 120,214,340 N/A 120,214,340 120,214,340
M1 - MOBILE HOMES 6,790,030 N/A 6,790,030 6,790,030
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,021,777,206 0 1,045,414,942 1,045,414,942
Less Total Deductions 89,656,557 0 98,253,176 98,253,176
Total Taxable Value 932,120,649 0 947,161,766 947,161,766

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's office 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 school 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

Measure Value Description
T1 959,943,003 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 947,161,766 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 947,568,425 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 934,787,188 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 959,943,003 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 947,161,766 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 947,568,425 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 934,787,188 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,781,237 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 12,374,578 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW).


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248-901-02/Kermit ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 184,984,746 0.8652 213,805,763 213,805,763
B - MULTIFAMILY 1,759,840 N/A 1,759,840 1,759,840
C1 - VACANT LOTS 880,810 N/A 880,810 880,810
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 906,815 1.3176 688,250 688,250
D2 - FARM & RANCH IMP 290,475 N/A 290,475 290,475
E - NON-AG LAND AND IMPROVEMENTS 13,611,634 N/A 13,611,634 13,611,634
F1 - COMMERCIAL REAL 49,745,866 1.0050 49,498,374 49,498,374
F2 - INDUSTRIAL REAL 190,026,120 N/A 190,026,120 190,026,120
G - ALL MINERALS 132,642,850 0.9736 136,239,575 136,239,575
J - ALL UTILITIES 289,190,610 1.0296 280,876,661 280,876,661
L1 - COMMERCIAL PERSONAL 30,733,070 N/A 30,733,070 30,733,070
L2 - INDUSTRIAL PERSONAL 120,214,340 N/A 120,214,340 120,214,340
M1 - MOBILE HOMES 6,790,030 N/A 6,790,030 6,790,030
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,021,777,206 1,045,414,942 1,045,414,942
Less Total Deductions 89,656,557 98,253,176 98,253,176
Total Taxable Value 932,120,649 947,161,766 947,161,766

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's office 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 school 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

Measure Value Description
T1 959,943,003 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 947,161,766 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 947,568,425 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 934,787,188 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 959,943,003 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 947,161,766 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 947,568,425 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 934,787,188 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,781,237 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 12,374,578 50% of the loss to the local optional percentage homestead exemption

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