taxes Property Tax Assistance

2019 ISD Summary Worksheet

128-Karnes

128-901/Karnes City ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 83,266,129 N/A 83,266,129 83,266,129
B. MULTIFAMILY RESIDENCES 5,390,859 N/A 5,390,859 5,390,859
C1. VACANT LOTS 3,436,380 N/A 3,436,380 3,436,380
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 21,370,433 N/A 10,694,732 21,370,433
D2. REAL PROP:FARM & RANCH 12,730,516 N/A 12,730,516 12,730,516
E. REAL PROP NONQUAL ACREAGE 108,030,927 N/A 108,030,927 108,030,927
F1. COMMERCIAL REAL 67,365,825 N/A 67,365,825 67,365,825
F2. INDUSTRIAL REAL 43,675,910 N/A 43,675,910 43,675,910
G. OIL,GAS,MINERALS 5,115,013,280 N/A 5,115,013,280 5,115,013,280
J. UTILITIES 166,839,020 N/A 166,839,020 166,839,020
L1. COMMERCIAL PERSONAL 26,156,725 N/A 26,156,725 26,156,725
L2. INDUSTRIAL PERSONAL 227,079,840 N/A 227,079,840 227,079,840
M. MOBILE HOMES 9,421,871 N/A 9,421,871 9,421,871
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,165,641 N/A 1,165,641 1,165,641
Subtotal 5,890,943,356 0 5,880,267,655 5,890,943,356
Less Total Deductions 65,732,999 0 65,732,999 65,732,999
Total Taxable Value 5,825,210,357 0 5,814,534,656 5,825,210,357

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
5,834,028,934 5,825,210,357 5,834,028,934 5,825,210,357


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,818,577 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
5,834,028,934 5,825,210,357 5,834,028,934 5,825,210,357

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

128-901-02/Karnes City ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 83,266,129 N/A 83,266,129 83,266,129
B. MULTIFAMILY RESIDENCES 5,390,859 N/A 5,390,859 5,390,859
C1. VACANT LOTS 3,436,380 N/A 3,436,380 3,436,380
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 21,370,433 1.9982 10,694,732 21,370,433
D2. REAL PROP:FARM & RANCH 12,730,516 N/A 12,730,516 12,730,516
E. REAL PROP NONQUAL ACREAGE 108,030,927 N/A 108,030,927 108,030,927
F1. COMMERCIAL REAL 67,365,825 N/A 67,365,825 67,365,825
F2. INDUSTRIAL REAL 43,675,910 N/A 43,675,910 43,675,910
G. OIL,GAS,MINERALS 5,115,013,280 N/A 5,115,013,280 5,115,013,280
J. UTILITIES 166,839,020 N/A 166,839,020 166,839,020
L1. COMMERCIAL PERSONAL 26,156,725 N/A 26,156,725 26,156,725
L2. INDUSTRIAL PERSONAL 227,079,840 N/A 227,079,840 227,079,840
M. MOBILE HOMES 9,421,871 N/A 9,421,871 9,421,871
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,165,641 N/A 1,165,641 1,165,641
Subtotal 5,890,943,356 5,880,267,655 5,890,943,356
Less Total Deductions 65,732,999 65,732,999 65,732,999
Total Taxable Value 5,825,210,357 5,814,534,656 5,825,210,357

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
5,834,028,934 5,825,210,357 5,834,028,934 5,825,210,357


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,818,577 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
5,834,028,934 5,825,210,357 5,834,028,934 5,825,210,357

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