taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

107/Henderson

129-904/Kemp ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 74,883,460 N/A 74,883,460 74,883,460
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 6,322,730 N/A 6,322,730 6,322,730
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,486,570 N/A 2,486,570 2,486,570
D2. Real Prop Farm & Ranch 209,200 N/A 209,200 209,200
E. Real Prop NonQual Acres 30,394,240 N/A 30,394,240 30,394,240
F1. Commercial Real 2,866,630 N/A 2,866,630 2,866,630
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 467,660 N/A 467,660 467,660
J. Utilities 4,600,059 N/A 4,600,059 4,600,059
L1. Commercial Personal 629,760 N/A 629,760 629,760
L2. Industrial Personal 466,331 N/A 466,331 466,331
M. Other Personal 2,030,940 N/A 2,030,940 2,030,940
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 45,010 N/A 45,010 45,010
Subtotal 125,402,590 125,402,590 125,402,590
Less Total Deductions 34,677,016   34,677,016 34,677,016
Total Taxable Value 90,725,574 90,725,574 90,725,574 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
96,949,655 90,725,574 96,949,655 90,725,574


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,224,081 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
96,949,655 90,725,574 96,949,655 90,725,574

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 119,750,387 .9540 125,524,515 119,750,387
B. Multi-Family Residences 8,239,420 N/A 8,239,420 8,239,420
C1. Vacant Lots 9,343,686 N/A 9,343,686 9,343,686
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,615,870 1.0115 5,552,276 5,615,870
D2. Real Prop Farm & Ranch 2,876,280 N/A 2,876,280 2,876,280
E. Real Prop NonQual Acres 58,113,890 .9462 61,418,189 58,113,890
F1. Commercial Real 24,622,350 .9317 26,427,337 24,622,350
F2. Industrial Real 399,570 N/A 399,570 399,570
G. Oil, Gas, Minerals 660,262 N/A 660,262 660,262
J. Utilities 12,335,530 N/A 12,335,530 12,335,530
L1. Commercial Personal 14,016,003 .9703 14,445,020 14,016,003
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 5,712,130 N/A 5,712,130 5,712,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,057,000 N/A 3,057,000 3,057,000
S. Special Inventory 54,750 N/A 54,750 54,750
Subtotal 264,797,128 276,045,965 264,797,128
Less Total Deductions 48,665,735   51,095,983 48,665,735
Total Taxable Value 216,131,393 224,949,982 216,131,393 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
228,360,134 216,131,393 228,360,134 216,131,393


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,228,741 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
228,360,134 216,131,393 228,360,134 216,131,393

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

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

129-904/Kemp ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 194,633,847 .9712 200,407,975 194,633,847
B. Multi-Family Residences 8,239,420 N/A 8,239,420 8,239,420
C1. Vacant Lots 15,666,416 N/A 15,666,416 15,666,416
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,102,440 1.0079 8,038,846 8,102,440
D2. Real Prop Farm & Ranch 3,085,480 N/A 3,085,480 3,085,480
E. Real Prop NonQual Acres 88,508,130 .9640 91,812,429 88,508,130
F1. Commercial Real 27,488,980 .9384 29,293,967 27,488,980
F2. Industrial Real 399,570 N/A 399,570 399,570
G. Oil, Gas, Minerals 1,127,922 N/A 1,127,922 1,127,922
J. Utilities 16,935,589 N/A 16,935,589 16,935,589
L1. Commercial Personal 14,645,763 .9715 15,074,780 14,645,763
L2. Industrial Personal 466,331 N/A 466,331 466,331
M. Other Personal 7,743,070 N/A 7,743,070 7,743,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,057,000 N/A 3,057,000 3,057,000
S. Special Inventory 99,760 N/A 99,760 99,760
Subtotal 390,199,718 401,448,555 390,199,718
Less Total Deductions 83,342,751   85,772,999 83,342,751
Total Taxable Value 306,856,967 315,675,556 306,856,967 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