taxes Property Tax Assistance

2018 ISD Summary Worksheet

248/Winkler

248-901/Kermit ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 140,111,748 .9252 151,439,416 140,111,748
B. Multi-Family Residences 1,661,930 N/A 1,661,930 1,661,930
C1. Vacant Lots 831,040 N/A 831,040 831,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 802,792 .9513 843,894 802,792
D2. Real Prop Farm & Ranch 250,076 N/A 250,076 250,076
E. Real Prop NonQual Acres 8,366,953 N/A 8,366,953 8,366,953
F1. Commercial Real 36,280,136 .9320 38,927,185 36,280,136
F2. Industrial Real 152,389,310 N/A 152,389,310 152,389,310
G. Oil, Gas, Minerals 173,464,880 1.0162 170,699,547 173,464,880
J. Utilities 162,716,360 .9246 175,985,680 162,716,360
L1. Commercial Personal 19,462,990 N/A 19,462,990 19,462,990
L2. Industrial Personal 134,251,360 N/A 134,251,360 134,251,360
M. Other Personal 2,221,120 N/A 2,221,120 2,221,120
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 832,810,695 857,330,501 832,810,695
Less Total Deductions 143,967,197   147,326,135 143,967,197
Total Taxable Value 688,843,498 710,004,366 688,843,498 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
701,226,181 688,843,498 692,267,961 679,885,278


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,382,683 8,958,220


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
781,452,481 769,069,798 772,494,261 760,111,578

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