taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

175/Navarro

175-907/Kerens ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 89,134,380 .9676 92,119,037 89,134,380
B. Multi-Family Residences 307,000 N/A 307,000 307,000
C1. Vacant Lots 19,626,232 .9365 20,957,002 19,626,232
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,133,462 1.0438 10,666,273 11,133,462
D2. Real Prop Farm & Ranch 204,310 N/A 204,310 204,310
E. Real Prop NonQual Acres 55,270,149 .9364 59,024,081 55,270,149
F1. Commercial Real 7,780,700 N/A 7,780,700 7,780,700
F2. Industrial Real 128,550 N/A 128,550 128,550
G. Oil, Gas, Minerals 22,881,146 1.0160 22,520,813 22,881,146
J. Utilities 52,722,470 .9764 53,996,794 52,722,470
L1. Commercial Personal 2,999,540 N/A 2,999,540 2,999,540
L2. Industrial Personal 12,526,410 N/A 12,526,410 12,526,410
M. Other Personal 3,106,200 N/A 3,106,200 3,106,200
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,236,670 N/A 1,236,670 1,236,670
S. Special Inventory 780 N/A 780 780
Subtotal 279,057,999 287,574,160 279,057,999
Less Total Deductions 27,447,970   28,782,146 27,447,970
Total Taxable Value 251,610,029 258,792,014 251,610,029 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
260,332,115 251,610,029 260,332,115 251,610,029 253,171,380 253,171,380


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,722,086 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
260,332,115 251,610,029 260,332,115 251,610,029 253,171,380 253,171,380

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified