taxes Property Tax Assistance

2022 ISD Summary Worksheet

Kermit ISD (all splits)   Winkler County  

248-Winkler/Winkler County

248-901/Kermit ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 190,470,052 0.8420 226,211,463 226,211,463
B - MULTIFAMILY 1,985,370 N/A 1,985,370 1,985,370
C1 - VACANT LOTS 943,880 N/A 943,880 943,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 864,082 0.7533 1,147,083 1,147,083
D2 - FARM & RANCH IMP 226,475 N/A 226,475 226,475
E - NON-AG LAND AND IMPROVEMENTS 13,585,011 N/A 13,585,011 13,585,011
F1 - COMMERCIAL REAL 55,809,189 0.8878 62,862,344 62,862,344
F2 - INDUSTRIAL REAL 173,054,970 N/A 173,054,970 173,054,970
G - ALL MINERALS 446,962,790 1.0057 444,429,542 444,429,542
J - ALL UTILITIES 432,032,800 0.9633 448,492,474 448,492,474
L1 - COMMERCIAL PERSONAL 25,177,920 N/A 25,177,920 25,177,920
L2 - INDUSTRIAL PERSONAL 139,645,130 N/A 139,645,130 139,645,130
M1 - MOBILE HOMES 9,275,920 N/A 9,275,920 9,275,920
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 1,490,033,589 0 1,547,037,582 1,547,037,582
Less Total Deductions 95,354,697 0 105,323,642 105,323,642
Total Taxable Value 1,394,678,892 0 1,441,713,940 1,441,713,940

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 1,458,835,290 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,441,713,940 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,448,062,690 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,430,941,340 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,472,575,290 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 1,458,835,290 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,441,713,940 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,448,062,690 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,430,941,340 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,472,575,290 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 17,121,350 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 10,772,600 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 13,740,000 Loss to the second most recent increase in the state-mandated 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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 190,470,052 0.8420 226,211,463 226,211,463
B - MULTIFAMILY 1,985,370 N/A 1,985,370 1,985,370
C1 - VACANT LOTS 943,880 N/A 943,880 943,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 864,082 0.7533 1,147,083 1,147,083
D2 - FARM & RANCH IMP 226,475 N/A 226,475 226,475
E - NON-AG LAND AND IMPROVEMENTS 13,585,011 N/A 13,585,011 13,585,011
F1 - COMMERCIAL REAL 55,809,189 0.8878 62,862,344 62,862,344
F2 - INDUSTRIAL REAL 173,054,970 N/A 173,054,970 173,054,970
G - ALL MINERALS 446,962,790 1.0057 444,429,542 444,429,542
J - ALL UTILITIES 432,032,800 0.9633 448,492,474 448,492,474
L1 - COMMERCIAL PERSONAL 25,177,920 N/A 25,177,920 25,177,920
L2 - INDUSTRIAL PERSONAL 139,645,130 N/A 139,645,130 139,645,130
M1 - MOBILE HOMES 9,275,920 N/A 9,275,920 9,275,920
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 1,490,033,589 1,547,037,582 1,547,037,582
Less Total Deductions 95,354,697 105,323,642 105,323,642
Total Taxable Value 1,394,678,892 1,441,713,940 1,441,713,940

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 1,458,835,290 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,441,713,940 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,448,062,690 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,430,941,340 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,472,575,290 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 1,458,835,290 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,441,713,940 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,448,062,690 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,430,941,340 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,472,575,290 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 17,121,350 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 10,772,600 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 13,740,000 Loss to the second most recent increase in the state-mandated homestead exemption

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