taxes Property Tax Assistance

2016 ISD Summary Worksheet

126/Johnson

126-906/Keene ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 89,914,165 N/A 89,914,165 89,914,165
B. Multi-Family Residences 14,594,958 N/A 14,594,958 14,594,958
C1. Vacant Lots 3,313,631 N/A 3,313,631 3,313,631
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 81,338 N/A 81,338 81,338
D2. Real Prop Farm & Ranch 300,934 N/A 300,934 300,934
E. Real Prop NonQual Acres 19,698,362 N/A 19,698,362 19,698,362
F1. Commercial Real 17,373,118 N/A 17,373,118 17,373,118
F2. Industrial Real 736,969 N/A 736,969 736,969
G. Oil, Gas, Minerals 4,128,763 N/A 4,128,763 4,128,763
J. Utilities 4,481,997 N/A 4,481,997 4,481,997
L1. Commercial Personal 19,193,318 N/A 19,193,318 19,193,318
L2. Industrial Personal 373,521 N/A 373,521 373,521
M. Other Personal 1,958,404 N/A 1,958,404 1,958,404
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 217,223 N/A 217,223 217,223
S. Special Inventory 171,176 N/A 171,176 171,176
Subtotal 176,537,877 176,537,877 176,537,877
Less Total Deductions 29,180,731   29,180,731 29,180,731
Total Taxable Value 147,357,146 147,357,146 147,357,146 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
153,235,564 147,357,146 153,235,564 147,357,146


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,878,418 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
153,235,564 147,357,146 153,235,564 147,357,146

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