taxes Property Tax Assistance

2017 ISD Summary Worksheet

137/Kleberg

137-901/Kingsville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 478,383,564 .9525 502,239,962 478,383,564
B. Multi-Family Residences 96,884,515 .9407 102,991,937 96,884,515
C1. Vacant Lots 9,079,047 N/A 9,079,047 9,079,047
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,293,570 .9275 6,785,781 6,293,570
D2. Real Prop Farm & Ranch 570,140 N/A 570,140 570,140
E. Real Prop NonQual Acres 19,565,085 N/A 19,565,085 19,565,085
F1. Commercial Real 140,491,083 .9725 144,463,839 140,491,083
F2. Industrial Real 2,900,950 N/A 2,900,950 2,900,950
G. Oil, Gas, Minerals 6,312,849 N/A 6,312,849 6,312,849
J. Utilities 77,849,136 1.0270 75,802,469 77,849,136
L1. Commercial Personal 70,796,730 .9688 73,076,724 70,796,730
L2. Industrial Personal 50,164,370 N/A 50,164,370 50,164,370
M. Other Personal 3,216,730 N/A 3,216,730 3,216,730
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,443,990 N/A 2,443,990 2,443,990
S. Special Inventory 9,555,420 N/A 9,555,420 9,555,420
Subtotal 974,507,179 1,009,169,293 974,507,179
Less Total Deductions 143,923,320   150,399,008 143,923,320
Total Taxable Value 830,583,859 858,770,285 830,583,859 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
864,894,954 830,583,859 864,894,954 830,583,859


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
34,311,095 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
864,894,954 830,583,859 864,894,954 830,583,859

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