taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

113/Houston

113-906/Kennard ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 19,173,860 .9552 20,073,137 19,173,860
B. Multi-Family Residences 242,890 N/A 242,890 242,890
C1. Vacant Lots 1,389,750 N/A 1,389,750 1,389,750
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,573,550 1.0351 16,012,007 16,573,550
D2. Real Prop Farm & Ranch 6,613,590 1.0530 6,280,712 6,613,590
E. Real Prop NonQual Acres 44,687,160 1.0081 44,328,102 44,687,160
F1. Commercial Real 1,224,630 N/A 1,224,630 1,224,630
F2. Industrial Real 170,870 N/A 170,870 170,870
G. Oil, Gas, Minerals 24,506,720 1.0193 24,042,696 24,506,720
J. Utilities 6,749,540 .9779 6,902,076 6,749,540
L1. Commercial Personal 2,512,920 N/A 2,512,920 2,512,920
L2. Industrial Personal 1,749,560 N/A 1,749,560 1,749,560
M. Other Personal 4,635,950 N/A 4,635,950 4,635,950
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 130,230,990 129,565,300 130,230,990
Less Total Deductions 17,124,675   17,919,283 17,124,675
Total Taxable Value 113,106,315 111,646,017 113,106,315 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
119,021,585 113,106,315 119,021,585 113,106,315 114,003,815 114,003,815


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,915,270 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
119,021,585 113,106,315 119,021,585 113,106,315 114,003,815 114,003,815

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

228/Trinity

113-906/Kennard ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 53,223 N/A 53,223 53,223
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 243,612 N/A 243,612 243,612
D2. Real Prop Farm & Ranch 6,301 N/A 6,301 6,301
E. Real Prop NonQual Acres 993,568 N/A 993,568 993,568
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 40,969 N/A 40,969 40,969
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 1,337,673 1,337,673 1,337,673
Less Total Deductions 264,511   264,511 264,511
Total Taxable Value 1,073,162 1,073,162 1,073,162 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
1,133,162 1,073,162 1,133,162 1,073,162 1,073,162 1,073,162


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,000 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
1,133,162 1,073,162 1,133,162 1,073,162 1,073,162 1,073,162

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

113-906/Kennard ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 19,227,083 .9553 20,126,360 19,227,083
B. Multi-Family Residences 242,890 N/A 242,890 242,890
C1. Vacant Lots 1,389,750 N/A 1,389,750 1,389,750
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,817,162 1.0345 16,255,619 16,817,162
D2. Real Prop Farm & Ranch 6,619,891 1.0529 6,287,013 6,619,891
E. Real Prop NonQual Acres 45,680,728 1.0079 45,321,670 45,680,728
F1. Commercial Real 1,224,630 N/A 1,224,630 1,224,630
F2. Industrial Real 170,870 N/A 170,870 170,870
G. Oil, Gas, Minerals 24,506,720 1.0193 24,042,696 24,506,720
J. Utilities 6,790,509 .9780 6,943,045 6,790,509
L1. Commercial Personal 2,512,920 N/A 2,512,920 2,512,920
L2. Industrial Personal 1,749,560 N/A 1,749,560 1,749,560
M. Other Personal 4,635,950 N/A 4,635,950 4,635,950
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 131,568,663 130,902,973 131,568,663
Less Total Deductions 17,389,186   18,183,794 17,389,186
Total Taxable Value 114,179,477 112,719,179 114,179,477 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