248-Winkler/Winkler County
248-901/Kermit ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
180,812,990 |
0.6181 |
292,530,319 |
292,530,319 |
| B - MULTIFAMILY |
2,195,140 |
N/A |
2,195,140 |
2,195,140 |
| C1 - VACANT LOTS |
895,350 |
N/A |
895,350 |
895,350 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
750,234 |
0.9662 |
776,471 |
776,471 |
| D2 - FARM & RANCH IMP |
292,230 |
N/A |
292,230 |
292,230 |
| E - NON-AG LAND AND IMPROVEMENTS |
19,446,517 |
N/A |
19,446,517 |
19,446,517 |
| F1 - COMMERCIAL REAL |
59,159,782 |
N/A |
59,159,782 |
59,159,782 |
| F2 - INDUSTRIAL REAL |
279,325,440 |
N/A |
279,325,440 |
279,325,440 |
| G - ALL MINERALS |
497,408,230 |
0.9975 |
498,654,867 |
498,654,867 |
| J - ALL UTILITIES |
508,081,020 |
0.9921 |
512,126,822 |
512,126,822 |
| L1 - COMMERCIAL PERSONAL |
25,422,270 |
N/A |
25,422,270 |
25,422,270 |
| L2 - INDUSTRIAL PERSONAL |
201,853,290 |
N/A |
201,853,290 |
201,853,290 |
| M1 - MOBILE HOMES |
9,847,300 |
N/A |
9,847,300 |
9,847,300 |
| 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 |
1,785,489,793 |
0 |
1,902,525,798 |
1,902,525,798 |
| Less Total Deductions |
134,545,449 |
0 |
165,334,509 |
165,334,509 |
| Total Taxable Value |
1,650,944,344 |
0 |
1,737,191,289 |
1,737,191,289 |
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 |
1,775,319,294 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
1,737,191,289 |
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 |
1,769,972,332 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
1,731,844,327 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
1,796,139,294 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
1,810,019,294 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
1,738,175,720 |
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 |
1,775,319,294 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
1,737,191,289 |
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 |
1,769,972,332 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
1,731,844,327 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
1,796,139,294 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
1,810,019,294 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
1,738,175,720 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
38,128,005 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
5,346,962 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
20,820,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
13,880,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE
248-901-02/Kermit ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
180,812,990 |
0.6181 |
292,530,319 |
292,530,319 |
| B - MULTIFAMILY |
2,195,140 |
N/A |
2,195,140 |
2,195,140 |
| C1 - VACANT LOTS |
895,350 |
N/A |
895,350 |
895,350 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
750,234 |
0.9662 |
776,471 |
776,471 |
| D2 - FARM & RANCH IMP |
292,230 |
N/A |
292,230 |
292,230 |
| E - NON-AG LAND AND IMPROVEMENTS |
19,446,517 |
N/A |
19,446,517 |
19,446,517 |
| F1 - COMMERCIAL REAL |
59,159,782 |
N/A |
59,159,782 |
59,159,782 |
| F2 - INDUSTRIAL REAL |
279,325,440 |
N/A |
279,325,440 |
279,325,440 |
| G - ALL MINERALS |
497,408,230 |
0.9975 |
498,654,867 |
498,654,867 |
| J - ALL UTILITIES |
508,081,020 |
0.9921 |
512,126,822 |
512,126,822 |
| L1 - COMMERCIAL PERSONAL |
25,422,270 |
N/A |
25,422,270 |
25,422,270 |
| L2 - INDUSTRIAL PERSONAL |
201,853,290 |
N/A |
201,853,290 |
201,853,290 |
| M1 - MOBILE HOMES |
9,847,300 |
N/A |
9,847,300 |
9,847,300 |
| 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 |
1,785,489,793 |
|
1,902,525,798 |
1,902,525,798 |
| Less Total Deductions |
134,545,449 |
|
165,334,509 |
165,334,509 |
| Total Taxable Value |
1,650,944,344 |
|
1,737,191,289 |
1,737,191,289 |
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 |
1,775,319,294 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
1,737,191,289 |
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 |
1,769,972,332 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
1,731,844,327 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
1,796,139,294 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
1,810,019,294 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
1,738,175,720 |
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 |
1,775,319,294 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
1,737,191,289 |
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 |
1,769,972,332 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
1,731,844,327 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
1,796,139,294 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
1,810,019,294 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
1,738,175,720 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
38,128,005 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
5,346,962 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
20,820,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
13,880,000 |
Loss to Second Previous Homestead Increase |
