taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

133/Kerr

133-903/Kerrville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,783,849,530 .9699 1,839,209,743 1,783,849,530
B. Multi-Family Residences 83,923,431 N/A 83,923,431 83,923,431
C1. Vacant Lots 65,329,297 N/A 65,329,297 65,329,297
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,365,161 .9966 4,380,005 4,365,161
D2. Real Prop Farm & Ranch 1,886,397 N/A 1,886,397 1,886,397
E. Real Prop NonQual Acres 308,243,792 .9446 326,322,033 308,243,792
F1. Commercial Real 383,554,660 1.0084 380,359,639 383,554,660
F2. Industrial Real 3,181,173 N/A 3,181,173 3,181,173
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 41,641,129 N/A 41,641,129 41,641,129
L1. Commercial Personal 111,209,912 N/A 111,209,912 111,209,912
L2. Industrial Personal 29,180,374 N/A 29,180,374 29,180,374
M. Other Personal 23,047,937 N/A 23,047,937 23,047,937
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 12,468,058 N/A 12,468,058 12,468,058
S. Special Inventory 13,447,566 N/A 13,447,566 13,447,566
Subtotal 2,865,328,417 2,935,586,694 2,865,328,417
Less Total Deductions 482,733,565   511,607,009 482,733,565
Total Taxable Value 2,382,594,852 2,423,979,685 2,382,594,852 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
2,460,022,889 2,382,594,852 2,460,022,889 2,382,594,852


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
77,428,037 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
2,460,022,889 2,382,594,852 2,460,022,889 2,382,594,852

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