taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

107/Henderson

129-904/Kemp ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 74,069,960 1.0086 73,438,390 74,069,960
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 7,054,230 .8159 8,645,949 7,054,230
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,473,130 .8469 2,920,105 2,473,130
D2. Real Prop Farm & Ranch 336,020 N/A 336,020 336,020
E. Real Prop NonQual Acres 29,994,120 .9997 30,003,121 29,994,120
F1. Commercial Real 2,845,920 N/A 2,845,920 2,845,920
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 19,571 N/A 19,571 19,571
J. Utilities 1,723,644 N/A 1,723,644 1,723,644
L1. Commercial Personal 516,770 N/A 516,770 516,770
L2. Industrial Personal 378,277 N/A 378,277 378,277
M. Other Personal 2,108,820 N/A 2,108,820 2,108,820
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 54,680 N/A 54,680 54,680
Subtotal 121,575,142 122,991,267 121,575,142
Less Total Deductions 28,676,286   28,385,181 28,676,286
Total Taxable Value 92,898,856 94,606,086 92,898,856 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
100,810,467 92,898,856 100,810,467 92,898,856 93,298,283 93,298,283


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,911,611 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
100,810,467 92,898,856 100,810,467 92,898,856 93,298,283 93,298,283

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

129/Kaufman

129-904/Kemp ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 119,073,207 N/A 119,073,207 119,073,207
B. Multi-Family Residences 8,239,420 N/A 8,239,420 8,239,420
C1. Vacant Lots 9,331,000 N/A 9,331,000 9,331,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,671,900 N/A 5,671,900 5,671,900
D2. Real Prop Farm & Ranch 2,894,830 N/A 2,894,830 2,894,830
E. Real Prop NonQual Acres 57,950,260 N/A 57,950,260 57,950,260
F1. Commercial Real 22,545,810 N/A 22,545,810 22,545,810
F2. Industrial Real 399,570 N/A 399,570 399,570
G. Oil, Gas, Minerals 2,269,568 N/A 2,269,568 2,269,568
J. Utilities 10,048,020 N/A 10,048,020 10,048,020
L1. Commercial Personal 13,341,013 N/A 13,341,013 13,341,013
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 5,999,020 N/A 5,999,020 5,999,020
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,054,000 N/A 3,054,000 3,054,000
S. Special Inventory 61,410 N/A 61,410 61,410
Subtotal 260,879,028 260,879,028 260,879,028
Less Total Deductions 36,489,301   36,489,301 36,489,301
Total Taxable Value 224,389,727 224,389,727 224,389,727 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
239,053,199 224,389,727 239,053,199 224,389,727 225,360,491 225,360,491


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,663,472 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
239,053,199 224,389,727 239,053,199 224,389,727 225,360,491 225,360,491

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

129-904/Kemp ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 193,143,167 1.0033 192,511,597 193,143,167
B. Multi-Family Residences 8,239,420 N/A 8,239,420 8,239,420
C1. Vacant Lots 16,385,230 .9115 17,976,949 16,385,230
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,145,030 .9480 8,592,005 8,145,030
D2. Real Prop Farm & Ranch 3,230,850 N/A 3,230,850 3,230,850
E. Real Prop NonQual Acres 87,944,380 .9999 87,953,381 87,944,380
F1. Commercial Real 25,391,730 N/A 25,391,730 25,391,730
F2. Industrial Real 399,570 N/A 399,570 399,570
G. Oil, Gas, Minerals 2,289,139 N/A 2,289,139 2,289,139
J. Utilities 11,771,664 N/A 11,771,664 11,771,664
L1. Commercial Personal 13,857,783 N/A 13,857,783 13,857,783
L2. Industrial Personal 378,277 N/A 378,277 378,277
M. Other Personal 8,107,840 N/A 8,107,840 8,107,840
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,054,000 N/A 3,054,000 3,054,000
S. Special Inventory 116,090 N/A 116,090 116,090
Subtotal 382,454,170 383,870,295 382,454,170
Less Total Deductions 65,165,587   64,874,482 65,165,587
Total Taxable Value 317,288,583 318,995,813 317,288,583 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