taxes Property Tax Assistance

2016 ISD Summary Worksheet

220/Tarrant

220-914/Kennedale ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,116,456,939 .9940 1,123,196,116 1,116,456,939
B. Multi-Family Residences 84,172,965 .9376 89,774,920 84,172,965
C1. Vacant Lots 31,193,708 N/A 31,193,708 31,193,708
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 86,086 1.9353 44,483 86,086
D2. Real Prop Farm & Ranch 131,697 N/A 131,697 131,697
E. Real Prop NonQual Acres 3,986,674 N/A 3,986,674 3,986,674
F1. Commercial Real 98,586,208 .9474 104,059,751 98,586,208
F2. Industrial Real 9,456,255 N/A 9,456,255 9,456,255
G. Oil, Gas, Minerals 14,096,540 N/A 14,096,540 14,096,540
J. Utilities 28,954,316 N/A 28,954,316 28,954,316
L1. Commercial Personal 32,760,412 N/A 32,760,412 32,760,412
L2. Industrial Personal 14,436,783 N/A 14,436,783 14,436,783
M. Other Personal 2,030,825 N/A 2,030,825 2,030,825
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,448,550 N/A 2,448,550 2,448,550
S. Special Inventory 1,619,116 N/A 1,619,116 1,619,116
Subtotal 1,440,417,074 1,458,190,146 1,440,417,074
Less Total Deductions 265,676,563   267,302,507 265,676,563
Total Taxable Value 1,174,740,511 1,190,887,639 1,174,740,511 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
1,219,065,215 1,174,740,511 1,219,065,215 1,174,740,511


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
44,324,704 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
1,219,065,215 1,174,740,511 1,219,065,215 1,174,740,511

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