taxes Property Tax Assistance

2016 ISD Summary Worksheet

128/Karnes

128-902/Kenedy ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 74,014,533 .9789 75,609,902 74,014,533
B. Multi-Family Residences 4,792,173 N/A 4,792,173 4,792,173
C1. Vacant Lots 4,855,031 N/A 4,855,031 4,855,031
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,837,827 1.0671 4,533,438 4,837,827
D2. Real Prop Farm & Ranch 5,920,354 N/A 5,920,354 5,920,354
E. Real Prop NonQual Acres 37,305,131 N/A 37,305,131 37,305,131
F1. Commercial Real 88,897,552 .9196 96,669,804 88,897,552
F2. Industrial Real 205,799,250 N/A 205,799,250 205,799,250
G. Oil, Gas, Minerals 352,322,240 1.0270 343,059,630 352,322,240
J. Utilities 98,858,240 N/A 98,858,240 98,858,240
L1. Commercial Personal 30,305,995 N/A 30,305,995 30,305,995
L2. Industrial Personal 205,248,470 N/A 205,248,470 205,248,470
M. Other Personal 5,009,814 N/A 5,009,814 5,009,814
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 507,763 N/A 507,763 507,763
Subtotal 1,118,674,373 1,118,474,995 1,118,674,373
Less Total Deductions 179,204,467   179,880,621 179,204,467
Total Taxable Value 939,469,906 938,594,374 939,469,906 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
947,028,566 939,469,906 947,028,566 939,469,906


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,558,660 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
1,082,153,786 1,074,595,126 1,082,153,786 1,074,595,126

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