taxes Property Tax Assistance

2022 ISD Summary Worksheet

220-Tarrant /Tarrant County

220-914/Kennedale ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,933,508,322	N/A	1,933,508,322	1,933,508,322
B - MULTIFAMILY	158,494,054	N/A	158,494,054	158,494,054
C1 - VACANT LOTS	28,235,065	N/A	28,235,065	28,235,065
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	64,675	N/A	64,675	64,675
D2 - FARM & RANCH IMP	55,590	N/A	55,590	55,590
E - NON-AG LAND AND IMPROVEMENTS	6,685,692	N/A	6,685,692	6,685,692
F1 - COMMERCIAL REAL	196,038,091	N/A	196,038,091	196,038,091
F2 - INDUSTRIAL REAL	13,450,082	N/A	13,450,082	13,450,082
G - ALL MINERALS	13,542,040	N/A	13,542,040	13,542,040
J - ALL UTILITIES	40,213,770	N/A	40,213,770	40,213,770
L1 - COMMERCIAL PERSONAL	56,045,781	N/A	56,045,781	56,045,781
L2 - INDUSTRIAL PERSONAL	7,874,189	N/A	7,874,189	7,874,189
M1 - MOBILE HOMES	1,239,353	N/A	1,239,353	1,239,353
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	4,404,600	N/A	4,404,600	4,404,600
S - SPECIAL INVENTORY	4,373,435	N/A	4,373,435	4,373,435
Subtotal	2,464,224,739	0	2,464,224,739	2,464,224,739
Less Total Deductions	484,481,552	0	484,481,552	484,481,552
Total Taxable Value	1,979,743,187	0	1,979,743,187	1,979,743,187

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	T13
2,047,099,162	1,979,743,187	2,047,099,162	1,979,743,187	2,093,999,162

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
67,355,975	0	46,900,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
2,047,099,162	1,979,743,187	2,047,099,162	1,979,743,187	2,093,999,162

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

220-914-02/Kennedale ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,933,508,322	N/A	1,933,508,322	1,933,508,322
B - MULTIFAMILY	158,494,054	N/A	158,494,054	158,494,054
C1 - VACANT LOTS	28,235,065	N/A	28,235,065	28,235,065
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	64,675	N/A	64,675	64,675
D2 - FARM & RANCH IMP	55,590	N/A	55,590	55,590
E - NON-AG LAND AND IMPROVEMENTS	6,685,692	N/A	6,685,692	6,685,692
F1 - COMMERCIAL REAL	196,038,091	N/A	196,038,091	196,038,091
F2 - INDUSTRIAL REAL	13,450,082	N/A	13,450,082	13,450,082
G - ALL MINERALS	13,542,040	N/A	13,542,040	13,542,040
J - ALL UTILITIES	40,213,770	N/A	40,213,770	40,213,770
L1 - COMMERCIAL PERSONAL	56,045,781	N/A	56,045,781	56,045,781
L2 - INDUSTRIAL PERSONAL	7,874,189	N/A	7,874,189	7,874,189
M1 - MOBILE HOMES	1,239,353	N/A	1,239,353	1,239,353
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	4,404,600	N/A	4,404,600	4,404,600
S - SPECIAL INVENTORY	4,373,435	N/A	4,373,435	4,373,435
Subtotal	2,464,224,739		2,464,224,739	2,464,224,739
Less Total Deductions	484,481,552		484,481,552	484,481,552
Total Taxable Value	1,979,743,187		1,979,743,187	1,979,743,187

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	T13
2,047,099,162	1,979,743,187	2,047,099,162	1,979,743,187	2,093,999,162

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
67,355,975	0	46,900,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
2,047,099,162	1,979,743,187	2,047,099,162	1,979,743,187	2,093,999,162

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement