taxes Property Tax Assistance

2018 ISD Summary Worksheet

137/Kleberg

137-901/Kingsville ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 488,187,849 .8531 572,251,611 572,251,611
B. Multi-Family Residences 104,052,425 .9126 114,017,560 114,017,560
C1. Vacant Lots 8,065,009 N/A 8,065,009 8,065,009
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,495,190 .8823 7,361,657 7,361,657
D2. Real Prop Farm & Ranch 449,490 N/A 449,490 449,490
E. Real Prop NonQual Acres 19,808,730 N/A 19,808,730 19,808,730
F1. Commercial Real 142,488,492 .8596 165,761,391 165,761,391
F2. Industrial Real 3,053,710 N/A 3,053,710 3,053,710
G. Oil, Gas, Minerals 4,590,051 N/A 4,590,051 4,590,051
J. Utilities 89,101,886 .9751 91,377,178 91,377,178
L1. Commercial Personal 72,562,040 .9755 74,384,459 74,384,459
L2. Industrial Personal 48,942,960 N/A 48,942,960 48,942,960
M. Other Personal 2,206,140 N/A 2,206,140 2,206,140
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,050,540 N/A 2,050,540 2,050,540
S. Special Inventory 9,371,120 N/A 9,371,120 9,371,120
Subtotal 1,001,425,632 1,123,691,606 1,123,691,606
Less Total Deductions 143,885,463   166,591,949 166,591,949
Total Taxable Value 857,540,169 957,099,657 957,099,657 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
991,479,893 957,099,657 991,479,893 957,099,657


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
34,380,236 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
991,479,893 957,099,657 991,479,893 957,099,657

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)