taxes Property Tax Assistance

2023 ISD Summary Worksheet

220-Tarrant/Tarrant County

220-914/Kennedale ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,357,814,849 0.9973 2,364,198,184 2,357,814,849
B - MULTIFAMILY 242,616,800 0.9811 247,290,592 242,616,800
C1 - VACANT LOTS 27,436,183 N/A 27,436,183 27,436,183
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 66,129 1.3107 50,452 66,129
D2 - FARM & RANCH IMP 20,205 N/A 20,205 20,205
E - NON-AG LAND AND IMPROVEMENTS 8,260,377 N/A 8,260,377 8,260,377
F1 - COMMERCIAL REAL 218,102,743 0.9111 239,383,979 218,102,743
F2 - INDUSTRIAL REAL 14,177,860 N/A 14,177,860 14,177,860
G - ALL MINERALS 30,958,350 N/A 30,958,350 30,958,350
J - ALL UTILITIES 40,805,470 N/A 40,805,470 40,805,470
L1 - COMMERCIAL PERSONAL 57,779,771 N/A 57,779,771 57,779,771
L2 - INDUSTRIAL PERSONAL 10,532,848 N/A 10,532,848 10,532,848
M1 - MOBILE HOMES 1,195,207 N/A 1,195,207 1,195,207
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,714,200 N/A 6,714,200 6,714,200
S - SPECIAL INVENTORY 4,181,644 N/A 4,181,644 4,181,644
Subtotal 3,020,662,636 0 3,052,985,322 3,020,662,636
Less Total Deductions 996,407,452 0 998,438,000 996,407,452
Total Taxable Value 2,024,255,184 0 2,054,547,322 2,024,255,184

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

Measure Value Description
T1 2,296,435,915 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,024,255,184 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 2,296,435,915 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,024,255,184 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,367,025,915 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,414,085,915 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,160,786,525 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,296,435,915 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,024,255,184 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 2,296,435,915 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,024,255,184 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,367,025,915 T13 plus the loss to the chapter 313 agreement
T16 2,414,085,915 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,160,786,525 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 272,180,731 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 70,590,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 47,060,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

220-914-02/Kennedale ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,357,814,849 0.9973 2,364,198,184 2,357,814,849
B - MULTIFAMILY 242,616,800 0.9811 247,290,592 242,616,800
C1 - VACANT LOTS 27,436,183 N/A 27,436,183 27,436,183
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 66,129 1.3107 50,452 66,129
D2 - FARM & RANCH IMP 20,205 N/A 20,205 20,205
E - NON-AG LAND AND IMPROVEMENTS 8,260,377 N/A 8,260,377 8,260,377
F1 - COMMERCIAL REAL 218,102,743 0.9111 239,383,979 218,102,743
F2 - INDUSTRIAL REAL 14,177,860 N/A 14,177,860 14,177,860
G - ALL MINERALS 30,958,350 N/A 30,958,350 30,958,350
J - ALL UTILITIES 40,805,470 N/A 40,805,470 40,805,470
L1 - COMMERCIAL PERSONAL 57,779,771 N/A 57,779,771 57,779,771
L2 - INDUSTRIAL PERSONAL 10,532,848 N/A 10,532,848 10,532,848
M1 - MOBILE HOMES 1,195,207 N/A 1,195,207 1,195,207
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,714,200 N/A 6,714,200 6,714,200
S - SPECIAL INVENTORY 4,181,644 N/A 4,181,644 4,181,644
Subtotal 3,020,662,636 3,052,985,322 3,020,662,636
Less Total Deductions 996,407,452 998,438,000 996,407,452
Total Taxable Value 2,024,255,184 2,054,547,322 2,024,255,184

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

Measure Value Description
T1 2,296,435,915 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,024,255,184 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 2,296,435,915 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,024,255,184 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,367,025,915 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,414,085,915 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,160,786,525 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,296,435,915 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,024,255,184 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 2,296,435,915 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,024,255,184 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,367,025,915 T13 plus the loss to the chapter 313 agreement
T16 2,414,085,915 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,160,786,525 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 272,180,731 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 70,590,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 47,060,000 Loss to Second Previous Homestead Increase