taxes Property Tax Assistance

2023 ISD Summary Worksheet

Kerens ISD (all splits)   Navarro County  

175-Navarro/Navarro County

175-907/Kerens ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 325,707,291 1.0049 324,119,107 325,707,291
B - MULTIFAMILY 637,550 N/A 637,550 637,550
C1 - VACANT LOTS 65,689,952 0.9073 72,401,578 65,689,952
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,478,746 1.0456 13,846,958 14,478,746
D2 - FARM & RANCH IMP 1,815,531 N/A 1,815,531 1,815,531
E - NON-AG LAND AND IMPROVEMENTS 173,730,217 1.0887 159,575,840 173,730,217
F1 - COMMERCIAL REAL 16,114,230 N/A 16,114,230 16,114,230
F2 - INDUSTRIAL REAL 163,125,680 N/A 163,125,680 163,125,680
G - ALL MINERALS 4,948,870 N/A 4,948,870 4,948,870
J - ALL UTILITIES 108,469,120 0.9618 112,777,209 108,469,120
L1 - COMMERCIAL PERSONAL 8,429,290 N/A 8,429,290 8,429,290
L2 - INDUSTRIAL PERSONAL 42,304,280 N/A 42,304,280 42,304,280
M1 - MOBILE HOMES 7,897,900 N/A 7,897,900 7,897,900
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 54,290 N/A 54,290 54,290
Subtotal 933,402,947 0 928,048,313 933,402,947
Less Total Deductions 192,515,106 0 191,710,898 192,515,106
Total Taxable Value 740,887,841 0 736,337,415 740,887,841

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

Measure Value Description
T1 782,117,880 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 740,887,841 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 782,117,880 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 740,887,841 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 798,212,880 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 808,942,880 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 755,160,485 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 782,117,880 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 740,887,841 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 782,117,880 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 740,887,841 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 798,212,880 T13 plus the loss to the chapter 313 agreement
T16 808,942,880 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 755,160,485 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 41,230,039 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 16,095,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,730,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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175-907-02/Kerens ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 325,707,291 1.0049 324,119,107 325,707,291
B - MULTIFAMILY 637,550 N/A 637,550 637,550
C1 - VACANT LOTS 65,689,952 0.9073 72,401,578 65,689,952
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,478,746 1.0456 13,846,958 14,478,746
D2 - FARM & RANCH IMP 1,815,531 N/A 1,815,531 1,815,531
E - NON-AG LAND AND IMPROVEMENTS 173,730,217 1.0887 159,575,840 173,730,217
F1 - COMMERCIAL REAL 16,114,230 N/A 16,114,230 16,114,230
F2 - INDUSTRIAL REAL 163,125,680 N/A 163,125,680 163,125,680
G - ALL MINERALS 4,948,870 N/A 4,948,870 4,948,870
J - ALL UTILITIES 108,469,120 0.9618 112,777,209 108,469,120
L1 - COMMERCIAL PERSONAL 8,429,290 N/A 8,429,290 8,429,290
L2 - INDUSTRIAL PERSONAL 42,304,280 N/A 42,304,280 42,304,280
M1 - MOBILE HOMES 7,897,900 N/A 7,897,900 7,897,900
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 54,290 N/A 54,290 54,290
Subtotal 933,402,947 928,048,313 933,402,947
Less Total Deductions 192,515,106 191,710,898 192,515,106
Total Taxable Value 740,887,841 736,337,415 740,887,841

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

Measure Value Description
T1 782,117,880 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 740,887,841 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 782,117,880 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 740,887,841 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 798,212,880 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 808,942,880 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 755,160,485 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 782,117,880 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 740,887,841 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 782,117,880 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 740,887,841 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 798,212,880 T13 plus the loss to the chapter 313 agreement
T16 808,942,880 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 755,160,485 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 41,230,039 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 16,095,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,730,000 Loss to Second Previous Homestead Increase

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