taxes Property Tax Assistance

2018 ISD Summary Worksheet

175/Navarro

175-907/Kerens ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 131,974,080 N/A 131,974,080 131,974,080
B. Multi-Family Residences 307,000 N/A 307,000 307,000
C1. Vacant Lots 17,094,162 N/A 17,094,162 17,094,162
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,110,363 N/A 15,110,363 15,110,363
D2. Real Prop Farm & Ranch 1,570,113 N/A 1,570,113 1,570,113
E. Real Prop NonQual Acres 70,857,337 N/A 70,857,337 70,857,337
F1. Commercial Real 9,871,220 N/A 9,871,220 9,871,220
F2. Industrial Real 87,840 N/A 87,840 87,840
G. Oil, Gas, Minerals 4,021,905 N/A 4,021,905 4,021,905
J. Utilities 61,874,510 N/A 61,874,510 61,874,510
L1. Commercial Personal 3,183,790 N/A 3,183,790 3,183,790
L2. Industrial Personal 5,108,590 N/A 5,108,590 5,108,590
M. Other Personal 1,948,380 N/A 1,948,380 1,948,380
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 648,290 N/A 648,290 648,290
S. Special Inventory 27,950 N/A 27,950 27,950
Subtotal 323,685,530 323,685,530 323,685,530
Less Total Deductions 52,406,325   52,406,325 52,406,325
Total Taxable Value 271,279,205 271,279,205 271,279,205 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
279,279,571 271,279,205 279,279,571 271,279,205


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,000,366 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
279,279,571 271,279,205 279,279,571 271,279,205

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