taxes Property Tax Assistance

2018 ISD Summary Worksheet

107/Henderson

129-904/Kemp ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 80,597,760 .8688 92,769,061 80,597,760
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 6,130,980 N/A 6,130,980 6,130,980
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,035,340 .9761 2,085,257 2,035,340
D2. Real Prop Farm & Ranch 139,110 N/A 139,110 139,110
E. Real Prop NonQual Acres 31,831,970 .8865 35,907,468 31,831,970
F1. Commercial Real 2,876,260 N/A 2,876,260 2,876,260
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 33,800 N/A 33,800 33,800
J. Utilities 4,710,750 N/A 4,710,750 4,710,750
L1. Commercial Personal 721,520 N/A 721,520 721,520
L2. Industrial Personal 490,250 N/A 490,250 490,250
M. Other Personal 1,908,030 N/A 1,908,030 1,908,030
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 42,010 N/A 42,010 42,010
Subtotal 131,517,780 147,814,496 131,517,780
Less Total Deductions 32,564,741   38,076,781 32,564,741
Total Taxable Value 98,953,039 109,737,715 98,953,039 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
104,556,291 98,953,039 104,556,291 98,953,039


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,603,252 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
104,556,291 98,953,039 104,556,291 98,953,039

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 invalid, but local value was certified because your school district is in year one of the grace period.

129/Kaufman

129-904/Kemp ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 154,086,946 .9018 170,865,986 170,865,986
B. Multi-Family Residences 10,360,350 N/A 10,360,350 10,360,350
C1. Vacant Lots 30,769,409 N/A 30,769,409 30,769,409
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,459,150 1.0582 5,158,757 5,158,757
D2. Real Prop Farm & Ranch 3,819,493 N/A 3,819,493 3,819,493
E. Real Prop NonQual Acres 72,902,571 .7235 100,763,747 100,763,747
F1. Commercial Real 26,372,160 .9449 27,910,001 27,910,001
F2. Industrial Real 687,460 N/A 687,460 687,460
G. Oil, Gas, Minerals 256,217 N/A 256,217 256,217
J. Utilities 11,302,980 N/A 11,302,980 11,302,980
L1. Commercial Personal 19,591,342 .9675 20,249,449 20,249,449
L2. Industrial Personal 3,460,850 N/A 3,460,850 3,460,850
M. Other Personal 7,841,649 N/A 7,841,649 7,841,649
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,250,500 N/A 4,250,500 4,250,500
S. Special Inventory 1,250 N/A 1,250 1,250
Subtotal 351,162,327 397,698,098 397,698,098
Less Total Deductions 62,137,854   69,349,944 69,349,944
Total Taxable Value 289,024,473 328,348,154 328,348,154 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
341,051,646 328,348,154 341,051,646 328,348,154


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,703,492 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
341,051,646 328,348,154 341,051,646 328,348,154

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 234,684,706 .8902 263,635,047 251,463,746
B. Multi-Family Residences 10,360,350 N/A 10,360,350 10,360,350
C1. Vacant Lots 36,900,389 N/A 36,900,389 36,900,389
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,494,490 1.0346 7,244,014 7,194,097
D2. Real Prop Farm & Ranch 3,958,603 N/A 3,958,603 3,958,603
E. Real Prop NonQual Acres 104,734,541 .7663 136,671,215 132,595,717
F1. Commercial Real 29,248,420 .9500 30,786,261 30,786,261
F2. Industrial Real 687,460 N/A 687,460 687,460
G. Oil, Gas, Minerals 290,017 N/A 290,017 290,017
J. Utilities 16,013,730 N/A 16,013,730 16,013,730
L1. Commercial Personal 20,312,862 .9686 20,970,969 20,970,969
L2. Industrial Personal 3,951,100 N/A 3,951,100 3,951,100
M. Other Personal 9,749,679 N/A 9,749,679 9,749,679
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,250,500 N/A 4,250,500 4,250,500
S. Special Inventory 43,260 N/A 43,260 43,260
Subtotal 482,680,107 545,512,594 529,215,878
Less Total Deductions 94,702,595   107,426,725 101,914,685
Total Taxable Value 387,977,512 438,085,869 427,301,193 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

2018 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
445,607,937 427,301,193 445,607,937 427,301,193


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,306,744 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
445,607,937 427,301,193 445,607,937 427,301,193

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)