taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

126/Johnson

126-906/Keene ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 95,598,766 N/A 95,598,766 95,598,766
B. Multi-Family Residences 13,977,119 N/A 13,977,119 13,977,119
C1. Vacant Lots 3,971,060 N/A 3,971,060 3,971,060
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 80,794 N/A 80,794 80,794
D2. Real Prop Farm & Ranch 297,734 N/A 297,734 297,734
E. Real Prop NonQual Acres 10,094,307 N/A 10,094,307 10,094,307
F1. Commercial Real 18,147,065 N/A 18,147,065 18,147,065
F2. Industrial Real 754,025 N/A 754,025 754,025
G. Oil, Gas, Minerals 14,965,281 N/A 14,965,281 14,965,281
J. Utilities 3,911,588 N/A 3,911,588 3,911,588
L1. Commercial Personal 15,416,400 N/A 15,416,400 15,416,400
L2. Industrial Personal 344,710 N/A 344,710 344,710
M. Other Personal 2,249,791 N/A 2,249,791 2,249,791
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 217,223 N/A 217,223 217,223
S. Special Inventory 103,184 N/A 103,184 103,184
Subtotal 180,129,047 180,129,047 180,129,047
Less Total Deductions 23,781,866   23,781,866 23,781,866
Total Taxable Value 156,347,181 156,347,181 156,347,181 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
162,882,555 156,347,181 162,882,555 156,347,181 159,436,188 159,436,188


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,535,374 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
162,882,555 156,347,181 162,882,555 156,347,181 159,436,188 159,436,188

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