taxes Property Tax Assistance

2017 ISD Summary Worksheet

133/Kerr

133-903/Kerrville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,952,127,131 .9984 1,955,255,540 1,952,127,131
B. Multi-Family Residences 96,510,199 N/A 96,510,199 96,510,199
C1. Vacant Lots 57,373,039 N/A 57,373,039 57,373,039
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,363,213 .8997 4,849,518 4,363,213
D2. Real Prop Farm & Ranch 1,932,180 N/A 1,932,180 1,932,180
E. Real Prop NonQual Acres 334,875,477 1.0885 307,648,578 334,875,477
F1. Commercial Real 401,015,688 .9730 412,143,564 401,015,688
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 47,898,723 N/A 47,898,723 47,898,723
L1. Commercial Personal 117,145,370 N/A 117,145,370 117,145,370
L2. Industrial Personal 36,629,111 N/A 36,629,111 36,629,111
M. Other Personal 25,237,040 N/A 25,237,040 25,237,040
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,244,305 N/A 11,244,305 11,244,305
S. Special Inventory 14,331,170 N/A 14,331,170 14,331,170
Subtotal 3,104,209,737 3,091,725,428 3,104,209,737
Less Total Deductions 513,467,851   515,079,828 513,467,851
Total Taxable Value 2,590,741,886 2,576,645,600 2,590,741,886 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
2,669,533,823 2,590,741,886 2,669,533,823 2,590,741,886


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
78,791,937 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
2,669,533,823 2,590,741,886 2,669,533,823 2,590,741,886

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