taxes Property Tax Assistance

2025 ISD Summary Worksheet

Kermit ISD (all splits)   Winkler County  

248-Winkler/Winkler County

248-901/Kermit ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 267,518,098 0.9359 285,840,472 267,518,098
B - MULTIFAMILY 3,310,530 N/A 3,310,530 3,310,530
C1 - VACANT LOTS 911,350 N/A 911,350 911,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 583,989 0.8893 656,709 583,989
D2 - FARM & RANCH IMP 326,290 N/A 326,290 326,290
E - NON-AG LAND AND IMPROVEMENTS 20,548,491 N/A 20,548,491 20,548,491
F1 - COMMERCIAL REAL 63,217,337 N/A 63,217,337 63,217,337
F2 - INDUSTRIAL REAL 143,601,020 N/A 143,601,020 143,601,020
G - ALL MINERALS 562,425,945 1.0005 562,144,873 562,425,945
J - ALL UTILITIES 587,927,600 0.9207 638,565,874 587,927,600
L1 - COMMERCIAL PERSONAL 27,396,810 N/A 27,396,810 27,396,810
L2 - INDUSTRIAL PERSONAL 280,089,230 N/A 280,089,230 280,089,230
M1 - MOBILE HOMES 11,971,070 N/A 11,971,070 11,971,070
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 1,969,827,760 0 2,038,580,056 1,969,827,760
Less Total Deductions 241,758,967 0 247,848,488 241,758,967
Total Taxable Value 1,728,068,793 0 1,790,731,568 1,728,068,793

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 1,739,342,583 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,728,068,793 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,735,657,245 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,724,383,455 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,781,318,579 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,797,838,556 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,729,211,070 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
T19 1,809,737,518 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 1,730,139,554 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,739,342,583 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,728,068,793 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,735,657,245 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,724,383,455 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,781,318,579 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,797,838,556 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,729,211,070 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
T20 1,809,737,518 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 1,730,139,554 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,273,790 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 3,685,338 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 41,975,996 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 16,519,977 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 11,898,962 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 2,070,761 Loss to the increase in the Over-65/Disabled Homestead

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


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248-901-02/Kermit ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 267,518,098 0.9359 285,840,472 267,518,098
B - MULTIFAMILY 3,310,530 N/A 3,310,530 3,310,530
C1 - VACANT LOTS 911,350 N/A 911,350 911,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 583,989 0.8893 656,709 583,989
D2 - FARM & RANCH IMP 326,290 N/A 326,290 326,290
E - NON-AG LAND AND IMPROVEMENTS 20,548,491 N/A 20,548,491 20,548,491
F1 - COMMERCIAL REAL 63,217,337 N/A 63,217,337 63,217,337
F2 - INDUSTRIAL REAL 143,601,020 N/A 143,601,020 143,601,020
G - ALL MINERALS 562,425,945 1.0005 562,144,873 562,425,945
J - ALL UTILITIES 587,927,600 0.9207 638,565,874 587,927,600
L1 - COMMERCIAL PERSONAL 27,396,810 N/A 27,396,810 27,396,810
L2 - INDUSTRIAL PERSONAL 280,089,230 N/A 280,089,230 280,089,230
M1 - MOBILE HOMES 11,971,070 N/A 11,971,070 11,971,070
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 1,969,827,760 2,038,580,056 1,969,827,760
Less Total Deductions 241,758,967 247,848,488 241,758,967
Total Taxable Value 1,728,068,793 1,790,731,568 1,728,068,793

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 1,739,342,583 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,728,068,793 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,735,657,245 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,724,383,455 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,781,318,579 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,797,838,556 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,729,211,070 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
T19 1,809,737,518 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 1,730,139,554 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,739,342,583 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,728,068,793 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,735,657,245 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,724,383,455 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,781,318,579 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,797,838,556 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,729,211,070 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
T20 1,809,737,518 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 1,730,139,554 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,273,790 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 3,685,338 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 41,975,996 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 16,519,977 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 11,898,962 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 2,070,761 Loss to the increase in the Over-65/Disabled Homestead

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