taxes Property Tax Assistance

2018 ISD Summary Worksheet

220/Tarrant

220-914/Kennedale ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,324,281,718 N/A 1,324,281,718 1,324,281,718
B. Multi-Family Residences 123,681,537 N/A 123,681,537 123,681,537
C1. Vacant Lots 23,730,196 N/A 23,730,196 23,730,196
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 85,136 N/A 85,136 85,136
D2. Real Prop Farm & Ranch 26,600 N/A 26,600 26,600
E. Real Prop NonQual Acres 5,020,045 N/A 5,020,045 5,020,045
F1. Commercial Real 131,428,454 N/A 131,428,454 131,428,454
F2. Industrial Real 11,611,356 N/A 11,611,356 11,611,356
G. Oil, Gas, Minerals 9,817,230 N/A 9,817,230 9,817,230
J. Utilities 31,771,459 N/A 31,771,459 31,771,459
L1. Commercial Personal 34,100,351 N/A 34,100,351 34,100,351
L2. Industrial Personal 7,634,540 N/A 7,634,540 7,634,540
M. Other Personal 1,459,427 N/A 1,459,427 1,459,427
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,051,680 N/A 5,051,680 5,051,680
S. Special Inventory 2,212,228 N/A 2,212,228 2,212,228
Subtotal 1,711,911,957 1,711,911,957 1,711,911,957
Less Total Deductions 291,611,616   291,611,616 291,611,616
Total Taxable Value 1,420,300,341 1,420,300,341 1,420,300,341 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
1,465,135,059 1,420,300,341 1,465,135,059 1,420,300,341


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
44,834,718 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
1,465,135,059 1,420,300,341 1,465,135,059 1,420,300,341

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