taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

113/Houston

113-906/Kennard ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 19,401,690 N/A 19,401,690 19,401,690
B. Multi-Family Residences 243,060 N/A 243,060 243,060
C1. Vacant Lots 1,407,990 N/A 1,407,990 1,407,990
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,454,300 N/A 16,454,300 16,454,300
D2. Real Prop Farm & Ranch 4,179,690 N/A 4,179,690 4,179,690
E. Real Prop NonQual Acres 48,721,600 N/A 48,721,600 48,721,600
F1. Commercial Real 1,234,790 N/A 1,234,790 1,234,790
F2. Industrial Real 161,320 N/A 161,320 161,320
G. Oil, Gas, Minerals 10,070,620 N/A 10,070,620 10,070,620
J. Utilities 7,613,220 N/A 7,613,220 7,613,220
L1. Commercial Personal 2,454,590 N/A 2,454,590 2,454,590
L2. Industrial Personal 1,856,900 N/A 1,856,900 1,856,900
M. Other Personal 4,902,340 N/A 4,902,340 4,902,340
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 118,702,110 118,702,110 118,702,110
Less Total Deductions 21,872,004   21,872,004 21,872,004
Total Taxable Value 96,830,106 96,830,106 96,830,106 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
101,890,966 96,830,106 101,890,966 96,830,106


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,060,860 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
101,890,966 96,830,106 101,890,966 96,830,106

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

228/Trinity

113-906/Kennard ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 53,223 N/A 53,223 53,223
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 245,655 N/A 245,655 245,655
D2. Real Prop Farm & Ranch 6,301 N/A 6,301 6,301
E. Real Prop NonQual Acres 1,045,798 N/A 1,045,798 1,045,798
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 42,344 N/A 42,344 42,344
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 1,393,321 1,393,321 1,393,321
Less Total Deductions 341,947   341,947 341,947
Total Taxable Value 1,051,374 1,051,374 1,051,374 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
1,111,374 1,051,374 1,111,374 1,051,374


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,000 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
1,111,374 1,051,374 1,111,374 1,051,374

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

113-906/Kennard ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 19,454,913 N/A 19,454,913 19,454,913
B. Multi-Family Residences 243,060 N/A 243,060 243,060
C1. Vacant Lots 1,407,990 N/A 1,407,990 1,407,990
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,699,955 N/A 16,699,955 16,699,955
D2. Real Prop Farm & Ranch 4,185,991 N/A 4,185,991 4,185,991
E. Real Prop NonQual Acres 49,767,398 N/A 49,767,398 49,767,398
F1. Commercial Real 1,234,790 N/A 1,234,790 1,234,790
F2. Industrial Real 161,320 N/A 161,320 161,320
G. Oil, Gas, Minerals 10,070,620 N/A 10,070,620 10,070,620
J. Utilities 7,655,564 N/A 7,655,564 7,655,564
L1. Commercial Personal 2,454,590 N/A 2,454,590 2,454,590
L2. Industrial Personal 1,856,900 N/A 1,856,900 1,856,900
M. Other Personal 4,902,340 N/A 4,902,340 4,902,340
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 120,095,431 120,095,431 120,095,431
Less Total Deductions 22,213,951   22,213,951 22,213,951
Total Taxable Value 97,881,480 97,881,480 97,881,480 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