taxes Property Tax Assistance

2017 ISD Summary Worksheet

107/Henderson

129-904/Kemp ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 77,890,510 N/A 77,890,510 77,890,510
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 6,137,790 N/A 6,137,790 6,137,790
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,455,440 N/A 2,455,440 2,455,440
D2. Real Prop Farm & Ranch 310,270 N/A 310,270 310,270
E. Real Prop NonQual Acres 31,117,990 N/A 31,117,990 31,117,990
F1. Commercial Real 2,869,890 N/A 2,869,890 2,869,890
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 76,280 N/A 76,280 76,280
J. Utilities 4,363,370 N/A 4,363,370 4,363,370
L1. Commercial Personal 601,180 N/A 601,180 601,180
L2. Industrial Personal 449,260 N/A 449,260 449,260
M. Other Personal 1,867,590 N/A 1,867,590 1,867,590
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 42,840 N/A 42,840 42,840
Subtotal 128,182,410 128,182,410 128,182,410
Less Total Deductions 32,453,350   32,453,350 32,453,350
Total Taxable Value 95,729,060 95,729,060 95,729,060 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
101,359,963 95,729,060 101,359,963 95,729,060


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,630,903 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
101,359,963 95,729,060 101,359,963 95,729,060

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

129/Kaufman

129-904/Kemp ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 136,326,343 .7759 175,700,919 175,700,919
B. Multi-Family Residences 10,350,400 N/A 10,350,400 10,350,400
C1. Vacant Lots 8,374,120 N/A 8,374,120 8,374,120
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,612,840 1.0462 5,364,871 5,364,871
D2. Real Prop Farm & Ranch 3,029,830 N/A 3,029,830 3,029,830
E. Real Prop NonQual Acres 65,418,890 .7671 85,280,785 85,280,785
F1. Commercial Real 25,912,550 .9500 27,276,368 27,276,368
F2. Industrial Real 679,480 N/A 679,480 679,480
G. Oil, Gas, Minerals 285,961 N/A 285,961 285,961
J. Utilities 9,810,630 N/A 9,810,630 9,810,630
L1. Commercial Personal 15,987,903 .9789 16,332,519 16,332,519
L2. Industrial Personal 86,140 N/A 86,140 86,140
M. Other Personal 6,314,790 N/A 6,314,790 6,314,790
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,150,500 N/A 4,150,500 4,150,500
S. Special Inventory 39,390 N/A 39,390 39,390
Subtotal 292,379,767 353,076,703 353,076,703
Less Total Deductions 55,236,910   71,822,539 71,822,539
Total Taxable Value 237,142,857 281,254,164 281,254,164 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
293,308,440 281,254,164 293,308,440 281,254,164


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,054,276 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
293,308,440 281,254,164 293,308,440 281,254,164

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

129-904/Kemp ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 214,216,853 .8447 253,591,429 253,591,429
B. Multi-Family Residences 10,350,400 N/A 10,350,400 10,350,400
C1. Vacant Lots 14,511,910 N/A 14,511,910 14,511,910
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,068,280 1.0317 7,820,311 7,820,311
D2. Real Prop Farm & Ranch 3,340,100 N/A 3,340,100 3,340,100
E. Real Prop NonQual Acres 96,536,880 .8294 116,398,775 116,398,775
F1. Commercial Real 28,782,440 .9548 30,146,258 30,146,258
F2. Industrial Real 679,480 N/A 679,480 679,480
G. Oil, Gas, Minerals 362,241 N/A 362,241 362,241
J. Utilities 14,174,000 N/A 14,174,000 14,174,000
L1. Commercial Personal 16,589,083 .9796 16,933,699 16,933,699
L2. Industrial Personal 535,400 N/A 535,400 535,400
M. Other Personal 8,182,380 N/A 8,182,380 8,182,380
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,150,500 N/A 4,150,500 4,150,500
S. Special Inventory 82,230 N/A 82,230 82,230
Subtotal 420,562,177 481,259,113 481,259,113
Less Total Deductions 87,690,260   104,275,889 104,275,889
Total Taxable Value 332,871,917 376,983,224 376,983,224 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

129-904/Kemp ISD

Final Values Worksheet

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
394,668,403 376,983,224 394,668,403 376,983,224


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,685,179 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
394,668,403 376,983,224 394,668,403 376,983,224

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)