taxes Property Tax Assistance

2020 ISD Summary Worksheet

175-Navarro /Navarro County

175-907/Kerens ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	155,279,730	N/A	155,279,730	155,279,730
B - MULTIFAMILY	733,870	N/A	733,870	733,870
C1 - VACANT LOTS	29,881,536	N/A	29,881,536	29,881,536
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,056,545	N/A	14,056,545	14,056,545
D2 - FARM & RANCH IMP	2,280,844	N/A	2,280,844	2,280,844
E - NON-AG LAND AND IMPROVEMENTS	81,345,576	N/A	81,345,576	81,345,576
F1 - COMMERCIAL REAL	11,743,875	N/A	11,743,875	11,743,875
F2 - INDUSTRIAL REAL	134,790	N/A	134,790	134,790
G - ALL MINERALS	2,942,990	N/A	2,942,990	2,942,990
J - ALL UTILITIES	108,896,460	N/A	108,896,460	108,896,460
L1 - COMMERCIAL PERSONAL	3,290,240	N/A	3,290,240	3,290,240
L2 - INDUSTRIAL PERSONAL	9,595,160	N/A	9,595,160	9,595,160
M1 - MOBILE HOMES	2,550,870	N/A	2,550,870	2,550,870
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	23,780	N/A	23,780	23,780
S - SPECIAL INVENTORY	154,630	N/A	154,630	154,630
Subtotal	422,910,896	0	422,910,896	422,910,896
Less Total Deductions	53,284,084	0	53,284,084	53,284,084
Total Taxable Value	369,626,812	0	369,626,812	369,626,812

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
377,959,707	369,626,812	377,959,707	369,626,812

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,332,895	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
377,959,707	369,626,812	377,959,707	369,626,812

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

175-907-02/Kerens ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	155,279,730	N/A	155,279,730	155,279,730
B - MULTIFAMILY	733,870	N/A	733,870	733,870
C1 - VACANT LOTS	29,881,536	N/A	29,881,536	29,881,536
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,056,545	N/A	14,056,545	14,056,545
D2 - FARM & RANCH IMP	2,280,844	N/A	2,280,844	2,280,844
E - NON-AG LAND AND IMPROVEMENTS	81,345,576	N/A	81,345,576	81,345,576
F1 - COMMERCIAL REAL	11,743,875	N/A	11,743,875	11,743,875
F2 - INDUSTRIAL REAL	134,790	N/A	134,790	134,790
G - ALL MINERALS	2,942,990	N/A	2,942,990	2,942,990
J - ALL UTILITIES	108,896,460	N/A	108,896,460	108,896,460
L1 - COMMERCIAL PERSONAL	3,290,240	N/A	3,290,240	3,290,240
L2 - INDUSTRIAL PERSONAL	9,595,160	N/A	9,595,160	9,595,160
M1 - MOBILE HOMES	2,550,870	N/A	2,550,870	2,550,870
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	23,780	N/A	23,780	23,780
S - SPECIAL INVENTORY	154,630	N/A	154,630	154,630
Subtotal	422,910,896		422,910,896	422,910,896
Less Total Deductions	53,284,084		53,284,084	53,284,084
Total Taxable Value	369,626,812		369,626,812	369,626,812

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
377,959,707	369,626,812	377,959,707	369,626,812

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,332,895	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
377,959,707	369,626,812	377,959,707	369,626,812

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