taxes Property Tax Assistance

2022 ISD Summary Worksheet

Kerens ISD (all splits)   Navarro County  

175-Navarro/Navarro County

175-907/Kerens ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 234,527,471 0.9022 259,950,644 234,527,471
B - MULTIFAMILY 733,870 N/A 733,870 733,870
C1 - VACANT LOTS 45,534,172 0.9384 48,523,201 45,534,172
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,090,429 1.0385 14,531,533 15,090,429
D2 - FARM & RANCH IMP 2,311,693 N/A 2,311,693 2,311,693
E - NON-AG LAND AND IMPROVEMENTS 126,075,693 1.0236 123,168,907 126,075,693
F1 - COMMERCIAL REAL 17,030,030 N/A 17,030,030 17,030,030
F2 - INDUSTRIAL REAL 37,077,710 N/A 37,077,710 37,077,710
G - ALL MINERALS 5,188,130 N/A 5,188,130 5,188,130
J - ALL UTILITIES 115,088,520 0.9367 122,865,934 115,088,520
L1 - COMMERCIAL PERSONAL 3,368,480 N/A 3,368,480 3,368,480
L2 - INDUSTRIAL PERSONAL 37,165,850 N/A 37,165,850 37,165,850
M1 - MOBILE HOMES 5,245,300 N/A 5,245,300 5,245,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 67,550 N/A 67,550 67,550
Subtotal 644,504,898 0 677,228,832 644,504,898
Less Total Deductions 92,835,416 0 104,077,365 92,835,416
Total Taxable Value 551,669,482 0 573,151,467 551,669,482

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 563,042,449 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 551,669,482 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 563,042,449 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 551,669,482 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 572,842,449 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 563,042,449 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 551,669,482 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 563,042,449 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 551,669,482 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 572,842,449 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,372,967 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 9,800,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD.


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175-907-02/Kerens ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 234,527,471 0.9022 259,950,644 234,527,471
B - MULTIFAMILY 733,870 N/A 733,870 733,870
C1 - VACANT LOTS 45,534,172 0.9384 48,523,201 45,534,172
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,090,429 1.0385 14,531,533 15,090,429
D2 - FARM & RANCH IMP 2,311,693 N/A 2,311,693 2,311,693
E - NON-AG LAND AND IMPROVEMENTS 126,075,693 1.0236 123,168,907 126,075,693
F1 - COMMERCIAL REAL 17,030,030 N/A 17,030,030 17,030,030
F2 - INDUSTRIAL REAL 37,077,710 N/A 37,077,710 37,077,710
G - ALL MINERALS 5,188,130 N/A 5,188,130 5,188,130
J - ALL UTILITIES 115,088,520 0.9367 122,865,934 115,088,520
L1 - COMMERCIAL PERSONAL 3,368,480 N/A 3,368,480 3,368,480
L2 - INDUSTRIAL PERSONAL 37,165,850 N/A 37,165,850 37,165,850
M1 - MOBILE HOMES 5,245,300 N/A 5,245,300 5,245,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 67,550 N/A 67,550 67,550
Subtotal 644,504,898 677,228,832 644,504,898
Less Total Deductions 92,835,416 104,077,365 92,835,416
Total Taxable Value 551,669,482 573,151,467 551,669,482

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 563,042,449 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 551,669,482 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 563,042,449 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 551,669,482 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 572,842,449 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 563,042,449 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 551,669,482 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 563,042,449 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 551,669,482 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 572,842,449 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,372,967 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 9,800,000 Loss to the second most recent increase in the state-mandated homestead exemption

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