taxes Property Tax Assistance

2018 ISD Summary Worksheet

133/Kerr

133-903/Kerrville ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 2,006,401,997 N/A 2,006,401,997 2,006,401,997
B. Multi-Family Residences 96,391,222 N/A 96,391,222 96,391,222
C1. Vacant Lots 56,843,618 N/A 56,843,618 56,843,618
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,393,444 N/A 4,393,444 4,393,444
D2. Real Prop Farm & Ranch 2,123,678 N/A 2,123,678 2,123,678
E. Real Prop NonQual Acres 352,055,837 N/A 352,055,837 352,055,837
F1. Commercial Real 399,100,781 N/A 399,100,781 399,100,781
F2. Industrial Real 3,533,232 N/A 3,533,232 3,533,232
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 41,418,169 N/A 41,418,169 41,418,169
L1. Commercial Personal 103,410,978 N/A 103,410,978 103,410,978
L2. Industrial Personal 52,273,095 N/A 52,273,095 52,273,095
M. Other Personal 27,580,033 N/A 27,580,033 27,580,033
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,763,366 N/A 10,763,366 10,763,366
S. Special Inventory 12,828,244 N/A 12,828,244 12,828,244
Subtotal 3,169,117,694 3,169,117,694 3,169,117,694
Less Total Deductions 516,970,070   516,970,070 516,970,070
Total Taxable Value 2,652,147,624 2,652,147,624 2,652,147,624 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
2,732,183,084 2,652,147,624 2,732,183,084 2,652,147,624


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
80,035,460 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
2,732,183,084 2,652,147,624 2,732,183,084 2,652,147,624

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