taxes Property Tax Assistance

2017 ISD Summary Worksheet

107/Henderson

129-904/Kemp ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	77,890,510	N/A	77,890,510	77,890,510
B. Multi-Family Residences	0	N/A	0	0
C1. Vacant Lots	6,137,790	N/A	6,137,790	6,137,790
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	2,455,440	N/A	2,455,440	2,455,440
D2. Real Prop Farm & Ranch	310,270	N/A	310,270	310,270
E. Real Prop NonQual Acres	31,117,990	N/A	31,117,990	31,117,990
F1. Commercial Real	2,869,890	N/A	2,869,890	2,869,890
F2. Industrial Real	0	N/A	0	0
G. Oil, Gas, Minerals	76,280	N/A	76,280	76,280
J. Utilities	4,363,370	N/A	4,363,370	4,363,370
L1. Commercial Personal	601,180	N/A	601,180	601,180
L2. Industrial Personal	449,260	N/A	449,260	449,260
M. Other Personal	1,867,590	N/A	1,867,590	1,867,590
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	0	N/A	0	0
S. Special Inventory	42,840	N/A	42,840	42,840
Subtotal	128,182,410		128,182,410	128,182,410
Less Total Deductions	32,453,350		32,453,350	32,453,350
Total Taxable Value	95,729,060		95,729,060	95,729,060 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
101,359,963	95,729,060	101,359,963	95,729,060

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,630,903	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
101,359,963	95,729,060	101,359,963	95,729,060

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

129/Kaufman

129-904/Kemp ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	136,326,343	.7759	175,700,919	175,700,919
B. Multi-Family Residences	10,350,400	N/A	10,350,400	10,350,400
C1. Vacant Lots	8,374,120	N/A	8,374,120	8,374,120
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	5,612,840	1.0462	5,364,871	5,364,871
D2. Real Prop Farm & Ranch	3,029,830	N/A	3,029,830	3,029,830
E. Real Prop NonQual Acres	65,418,890	.7671	85,280,785	85,280,785
F1. Commercial Real	25,912,550	.9500	27,276,368	27,276,368
F2. Industrial Real	679,480	N/A	679,480	679,480
G. Oil, Gas, Minerals	285,961	N/A	285,961	285,961
J. Utilities	9,810,630	N/A	9,810,630	9,810,630
L1. Commercial Personal	15,987,903	.9789	16,332,519	16,332,519
L2. Industrial Personal	86,140	N/A	86,140	86,140
M. Other Personal	6,314,790	N/A	6,314,790	6,314,790
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	4,150,500	N/A	4,150,500	4,150,500
S. Special Inventory	39,390	N/A	39,390	39,390
Subtotal	292,379,767		353,076,703	353,076,703
Less Total Deductions	55,236,910		71,822,539	71,822,539
Total Taxable Value	237,142,857		281,254,164	281,254,164 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
293,308,440	281,254,164	293,308,440	281,254,164

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
12,054,276	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
293,308,440	281,254,164	293,308,440	281,254,164

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

129-904/Kemp ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	214,216,853	.8447	253,591,429	253,591,429
B. Multi-Family Residences	10,350,400	N/A	10,350,400	10,350,400
C1. Vacant Lots	14,511,910	N/A	14,511,910	14,511,910
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	8,068,280	1.0317	7,820,311	7,820,311
D2. Real Prop Farm & Ranch	3,340,100	N/A	3,340,100	3,340,100
E. Real Prop NonQual Acres	96,536,880	.8294	116,398,775	116,398,775
F1. Commercial Real	28,782,440	.9548	30,146,258	30,146,258
F2. Industrial Real	679,480	N/A	679,480	679,480
G. Oil, Gas, Minerals	362,241	N/A	362,241	362,241
J. Utilities	14,174,000	N/A	14,174,000	14,174,000
L1. Commercial Personal	16,589,083	.9796	16,933,699	16,933,699
L2. Industrial Personal	535,400	N/A	535,400	535,400
M. Other Personal	8,182,380	N/A	8,182,380	8,182,380
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	4,150,500	N/A	4,150,500	4,150,500
S. Special Inventory	82,230	N/A	82,230	82,230
Subtotal	420,562,177		481,259,113	481,259,113
Less Total Deductions	87,690,260		104,275,889	104,275,889
Total Taxable Value	332,871,917		376,983,224	376,983,224 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

129-904/Kemp ISD

Final Values Worksheet

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
394,668,403	376,983,224	394,668,403	376,983,224

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
17,685,179	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
394,668,403	376,983,224	394,668,403	376,983,224

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)