taxes Property Tax Assistance

2016 ISD Summary Worksheet

133/Kerr

133-903/Kerrville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,838,542,451 N/A 1,838,542,451 1,838,542,451
B. Multi-Family Residences 84,430,675 N/A 84,430,675 84,430,675
C1. Vacant Lots 62,188,239 N/A 62,188,239 62,188,239
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,368,841 N/A 4,368,841 4,368,841
D2. Real Prop Farm & Ranch 1,910,613 N/A 1,910,613 1,910,613
E. Real Prop NonQual Acres 311,718,902 N/A 311,718,902 311,718,902
F1. Commercial Real 389,950,951 N/A 389,950,951 389,950,951
F2. Industrial Real 3,527,091 N/A 3,527,091 3,527,091
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 46,041,380 N/A 46,041,380 46,041,380
L1. Commercial Personal 118,247,593 N/A 118,247,593 118,247,593
L2. Industrial Personal 42,711,883 N/A 42,711,883 42,711,883
M. Other Personal 24,286,405 N/A 24,286,405 24,286,405
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,727,731 N/A 11,727,731 11,727,731
S. Special Inventory 15,550,016 N/A 15,550,016 15,550,016
Subtotal 2,955,202,771 2,955,202,771 2,955,202,771
Less Total Deductions 481,802,456   481,802,456 481,802,456
Total Taxable Value 2,473,400,315 2,473,400,315 2,473,400,315 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
2,551,443,745 2,473,400,315 2,551,443,745 2,473,400,315


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
78,043,430 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
2,551,443,745 2,473,400,315 2,551,443,745 2,473,400,315

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