taxes Property Tax Assistance

2017 ISD Summary Worksheet

128/Karnes

128-902/Kenedy ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 70,639,288 N/A 70,639,288 70,639,288
B. Multi-Family Residences 4,559,660 N/A 4,559,660 4,559,660
C1. Vacant Lots 5,935,897 N/A 5,935,897 5,935,897
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,501,106 N/A 4,501,106 4,501,106
D2. Real Prop Farm & Ranch 5,701,567 N/A 5,701,567 5,701,567
E. Real Prop NonQual Acres 37,051,663 N/A 37,051,663 37,051,663
F1. Commercial Real 82,877,843 N/A 82,877,843 82,877,843
F2. Industrial Real 201,513,070 N/A 201,513,070 201,513,070
G. Oil, Gas, Minerals 517,451,920 N/A 517,451,920 517,451,920
J. Utilities 89,156,710 N/A 89,156,710 89,156,710
L1. Commercial Personal 31,105,257 N/A 31,105,257 31,105,257
L2. Industrial Personal 131,088,380 N/A 131,088,380 131,088,380
M. Other Personal 5,148,822 N/A 5,148,822 5,148,822
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 564,834 N/A 564,834 564,834
Subtotal 1,187,296,017 1,187,296,017 1,187,296,017
Less Total Deductions 171,742,707   171,742,707 171,742,707
Total Taxable Value 1,015,553,310 1,015,553,310 1,015,553,310 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
1,023,039,100 1,015,553,310 1,023,039,100 1,015,553,310


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,485,790 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
1,155,692,010 1,148,206,220 1,155,692,010 1,148,206,220

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