taxes Property Tax Assistance

2017 ISD Summary Worksheet

220/Tarrant

220-914/Kennedale ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,206,506,383 .9669 1,247,808,856 1,206,506,383
B. Multi-Family Residences 106,133,607 .9325 113,816,201 106,133,607
C1. Vacant Lots 28,640,782 N/A 28,640,782 28,640,782
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 76,799 2.3650 32,473 76,799
D2. Real Prop Farm & Ranch 54,496 N/A 54,496 54,496
E. Real Prop NonQual Acres 4,960,874 N/A 4,960,874 4,960,874
F1. Commercial Real 103,966,026 .8427 123,372,524 103,966,026
F2. Industrial Real 9,409,743 N/A 9,409,743 9,409,743
G. Oil, Gas, Minerals 8,678,320 N/A 8,678,320 8,678,320
J. Utilities 31,570,283 N/A 31,570,283 31,570,283
L1. Commercial Personal 39,289,475 N/A 39,289,475 39,289,475
L2. Industrial Personal 6,917,076 N/A 6,917,076 6,917,076
M. Other Personal 1,538,223 N/A 1,538,223 1,538,223
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,421,500 N/A 4,421,500 4,421,500
S. Special Inventory 1,548,967 N/A 1,548,967 1,548,967
Subtotal 1,553,712,554 1,622,059,793 1,553,712,554
Less Total Deductions 268,710,379   278,473,768 268,710,379
Total Taxable Value 1,285,002,175 1,343,586,025 1,285,002,175 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
1,328,922,672 1,285,002,175 1,328,922,672 1,285,002,175


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,920,497 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
1,328,922,672 1,285,002,175 1,328,922,672 1,285,002,175

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