taxes Property Tax Assistance

2021 ISD Summary Worksheet

220-Tarrant /Tarrant County

220-914/Kennedale ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,639,334,588 0.9745 1,682,231,491 1,639,334,588
B - MULTIFAMILY 125,652,110 0.9126 137,685,854 125,652,110
C1 - VACANT LOTS 25,814,971 N/A 25,814,971 25,814,971
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 69,663 1.4142 49,260 69,663
D2 - FARM & RANCH IMP 55,975 N/A 55,975 55,975
E - NON-AG LAND AND IMPROVEMENTS 5,529,659 N/A 5,529,659 5,529,659
F1 - COMMERCIAL REAL 176,811,053 0.9600 184,178,180 176,811,053
F2 - INDUSTRIAL REAL 13,036,362 N/A 13,036,362 13,036,362
G - ALL MINERALS 5,704,040 N/A 5,704,040 5,704,040
J - ALL UTILITIES 35,242,899 N/A 35,242,899 35,242,899
L1 - COMMERCIAL PERSONAL 47,552,634 N/A 47,552,634 47,552,634
L2 - INDUSTRIAL PERSONAL 7,691,222 N/A 7,691,222 7,691,222
M1 - MOBILE HOMES 1,261,995 N/A 1,261,995 1,261,995
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,747,000 N/A 5,747,000 5,747,000
S - SPECIAL INVENTORY 2,538,263 N/A 2,538,263 2,538,263
Subtotal 2,092,042,434 0 2,154,319,805 2,092,042,434
Less Total Deductions 330,640,648 0 341,473,802 330,640,648
Total Taxable Value 1,761,401,786 0 1,812,846,003 1,761,401,786

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
1,806,876,989 1,761,401,786 1,806,876,989 1,761,401,786


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
45,475,203 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
1,806,876,989 1,761,401,786 1,806,876,989 1,761,401,786

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

220-914-02/Kennedale ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,639,334,588 0.9745 1,682,231,491 1,639,334,588
B - MULTIFAMILY 125,652,110 0.9126 137,685,854 125,652,110
C1 - VACANT LOTS 25,814,971 N/A 25,814,971 25,814,971
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 69,663 1.4142 49,260 69,663
D2 - FARM & RANCH IMP 55,975 N/A 55,975 55,975
E - NON-AG LAND AND IMPROVEMENTS 5,529,659 N/A 5,529,659 5,529,659
F1 - COMMERCIAL REAL 176,811,053 0.9600 184,178,180 176,811,053
F2 - INDUSTRIAL REAL 13,036,362 N/A 13,036,362 13,036,362
G - ALL MINERALS 5,704,040 N/A 5,704,040 5,704,040
J - ALL UTILITIES 35,242,899 N/A 35,242,899 35,242,899
L1 - COMMERCIAL PERSONAL 47,552,634 N/A 47,552,634 47,552,634
L2 - INDUSTRIAL PERSONAL 7,691,222 N/A 7,691,222 7,691,222
M1 - MOBILE HOMES 1,261,995 N/A 1,261,995 1,261,995
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,747,000 N/A 5,747,000 5,747,000
S - SPECIAL INVENTORY 2,538,263 N/A 2,538,263 2,538,263
Subtotal 2,092,042,434 2,154,319,805 2,092,042,434
Less Total Deductions 330,640,648 341,473,802 330,640,648
Total Taxable Value 1,761,401,786 1,812,846,003 1,761,401,786

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
1,806,876,989 1,761,401,786 1,806,876,989 1,761,401,786


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
45,475,203 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
1,806,876,989 1,761,401,786 1,806,876,989 1,761,401,786

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