taxes Property Tax Assistance

2024 ISD Summary Worksheet

Kermit ISD (all splits)   Winkler County  

248-Winkler/Winkler County

248-901/Kermit ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 180,917,230 0.7040 256,984,702 256,984,702
B - MULTIFAMILY 2,195,140 N/A 2,195,140 2,195,140
C1 - VACANT LOTS 861,180 N/A 861,180 861,180
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 658,712 1.0221 644,450 644,450
D2 - FARM & RANCH IMP 292,230 N/A 292,230 292,230
E - NON-AG LAND AND IMPROVEMENTS 19,228,469 N/A 19,228,469 19,228,469
F1 - COMMERCIAL REAL 58,741,672 N/A 58,741,672 58,741,672
F2 - INDUSTRIAL REAL 150,091,920 N/A 150,091,920 150,091,920
G - ALL MINERALS 523,675,080 1.0024 522,421,269 522,421,269
J - ALL UTILITIES 582,144,990 0.9173 634,628,791 634,628,791
L1 - COMMERCIAL PERSONAL 30,968,930 N/A 30,968,930 30,968,930
L2 - INDUSTRIAL PERSONAL 304,753,120 N/A 304,753,120 304,753,120
M1 - MOBILE HOMES 10,059,510 N/A 10,059,510 10,059,510
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 1,864,588,183 0 1,991,871,383 1,991,871,383
Less Total Deductions 161,966,028 0 181,485,736 181,485,736
Total Taxable Value 1,702,622,155 0 1,810,385,647 1,810,385,647

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 1,847,465,846 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,810,385,647 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,842,430,482 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,805,350,283 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,866,950,846 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,879,940,846 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,814,099,548 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 1,847,465,846 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,810,385,647 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,842,430,482 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,805,350,283 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,866,950,846 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,879,940,846 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,814,099,548 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 37,080,199 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 5,035,364 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 19,485,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 12,990,000 Loss to the third 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 SCHOOL DISTRICT WAS NOT VALID IN THE LAST TWO STUDIES.


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248-901-02/Kermit ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 180,917,230 0.7040 256,984,702 256,984,702
B - MULTIFAMILY 2,195,140 N/A 2,195,140 2,195,140
C1 - VACANT LOTS 861,180 N/A 861,180 861,180
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 658,712 1.0221 644,450 644,450
D2 - FARM & RANCH IMP 292,230 N/A 292,230 292,230
E - NON-AG LAND AND IMPROVEMENTS 19,228,469 N/A 19,228,469 19,228,469
F1 - COMMERCIAL REAL 58,741,672 N/A 58,741,672 58,741,672
F2 - INDUSTRIAL REAL 150,091,920 N/A 150,091,920 150,091,920
G - ALL MINERALS 523,675,080 1.0024 522,421,269 522,421,269
J - ALL UTILITIES 582,144,990 0.9173 634,628,791 634,628,791
L1 - COMMERCIAL PERSONAL 30,968,930 N/A 30,968,930 30,968,930
L2 - INDUSTRIAL PERSONAL 304,753,120 N/A 304,753,120 304,753,120
M1 - MOBILE HOMES 10,059,510 N/A 10,059,510 10,059,510
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 1,864,588,183 1,991,871,383 1,991,871,383
Less Total Deductions 161,966,028 181,485,736 181,485,736
Total Taxable Value 1,702,622,155 1,810,385,647 1,810,385,647

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 1,847,465,846 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,810,385,647 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,842,430,482 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,805,350,283 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,866,950,846 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,879,940,846 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,814,099,548 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 1,847,465,846 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,810,385,647 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,842,430,482 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,805,350,283 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,866,950,846 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,879,940,846 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,814,099,548 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 37,080,199 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 5,035,364 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 19,485,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 12,990,000 Loss to the third most recent increase in the state-mandated homestead exemption

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