taxes Property Tax Assistance

2018 ISD Summary Worksheet

113/Houston

113-906/Kennard ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 20,620,420 .8122 25,388,353 25,388,353
B. Multi-Family Residences 243,060 N/A 243,060 243,060
C1. Vacant Lots 1,556,070 N/A 1,556,070 1,556,070
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,573,500 .9929 21,726,891 21,726,891
D2. Real Prop Farm & Ranch 5,060,860 N/A 5,060,860 5,060,860
E. Real Prop NonQual Acres 55,763,420 .6817 81,800,528 81,800,528
F1. Commercial Real 1,870,140 N/A 1,870,140 1,870,140
F2. Industrial Real 125,790 N/A 125,790 125,790
G. Oil, Gas, Minerals 2,507,250 N/A 2,507,250 2,507,250
J. Utilities 10,232,920 .8853 11,558,703 11,558,703
L1. Commercial Personal 2,223,280 N/A 2,223,280 2,223,280
L2. Industrial Personal 1,365,280 N/A 1,365,280 1,365,280
M. Other Personal 5,396,280 N/A 5,396,280 5,396,280
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 128,538,270 160,822,485 160,822,485
Less Total Deductions 23,136,962   27,818,438 27,818,438
Total Taxable Value 105,401,308 133,004,047 133,004,047 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
138,247,677 133,004,047 138,247,677 133,004,047


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,243,630 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
138,247,677 133,004,047 138,247,677 133,004,047

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)

228/Trinity

113-906/Kennard ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 64,283 N/A 64,283 64,283
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 243,869 N/A 243,869 243,869
D2. Real Prop Farm & Ranch 6,301 N/A 6,301 6,301
E. Real Prop NonQual Acres 1,066,965 N/A 1,066,965 1,066,965
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 36,145 N/A 36,145 36,145
L1. Commercial Personal 49,586 N/A 49,586 49,586
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 1,467,149 1,467,149 1,467,149
Less Total Deductions 337,636   337,636 337,636
Total Taxable Value 1,129,513 1,129,513 1,129,513 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
1,189,513 1,129,513 1,189,513 1,129,513


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,000 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
1,189,513 1,129,513 1,189,513 1,129,513

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

113-906/Kennard ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 20,684,703 .8127 25,452,636 25,452,636
B. Multi-Family Residences 243,060 N/A 243,060 243,060
C1. Vacant Lots 1,556,070 N/A 1,556,070 1,556,070
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,817,369 .9930 21,970,760 21,970,760
D2. Real Prop Farm & Ranch 5,067,161 N/A 5,067,161 5,067,161
E. Real Prop NonQual Acres 56,830,385 .6858 82,867,493 82,867,493
F1. Commercial Real 1,870,140 N/A 1,870,140 1,870,140
F2. Industrial Real 125,790 N/A 125,790 125,790
G. Oil, Gas, Minerals 2,507,250 N/A 2,507,250 2,507,250
J. Utilities 10,269,065 .8857 11,594,848 11,594,848
L1. Commercial Personal 2,272,866 N/A 2,272,866 2,272,866
L2. Industrial Personal 1,365,280 N/A 1,365,280 1,365,280
M. Other Personal 5,396,280 N/A 5,396,280 5,396,280
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 130,005,419 162,289,634 162,289,634
Less Total Deductions 23,474,598   28,156,074 28,156,074
Total Taxable Value 106,530,821 134,133,560 134,133,560 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

2018 ISD Summary Worksheet

113-906/Kennard 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
139,437,190 134,133,560 139,437,190 134,133,560


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,303,630 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
139,437,190 134,133,560 139,437,190 134,133,560

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