taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

131/Kenedy

131-001/Kenedy Countywide ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 3,980,620 N/A 3,980,620 3,980,620
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 194,000 N/A 194,000 194,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,801,874 N/A 38,801,874 38,801,874
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 10,532,320 N/A 10,532,320 10,532,320
F1. Commercial Real 345,710 N/A 345,710 345,710
F2. Industrial Real 4,486,520 N/A 4,486,520 4,486,520
G. Oil, Gas, Minerals 239,131,856 N/A 239,131,856 239,131,856
J. Utilities 145,659,980 N/A 145,659,980 145,659,980
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 483,785,870 N/A 483,785,870 483,785,870
M. Other Personal 391,220 N/A 391,220 391,220
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 927,309,970 927,309,970 927,309,970
Less Total Deductions 137,626,428   137,626,428 137,626,428
Total Taxable Value 789,683,542 789,683,542 789,683,542 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
790,021,733 789,683,542 789,759,055 789,420,864 789,813,587 789,550,909


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
338,191 262,678


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
926,037,993 925,699,802 925,775,315 925,437,124 925,829,847 925,567,169

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