taxes Property Tax Assistance

2016 ISD Summary Worksheet

137/Kleberg

137-901/Kingsville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 461,314,095 .8920 517,168,268 517,168,268
B. Multi-Family Residences 88,209,395 .9094 96,997,355 96,997,355
C1. Vacant Lots 9,115,850 N/A 9,115,850 9,115,850
C2. Colonia Lots 91,250 N/A 91,250 91,250
D1. Rural Real(Taxable) 5,938,100 .9240 6,426,858 6,426,858
D2. Real Prop Farm & Ranch 310,290 N/A 310,290 310,290
E. Real Prop NonQual Acres 18,065,905 N/A 18,065,905 18,065,905
F1. Commercial Real 116,968,252 .7787 150,209,647 150,209,647
F2. Industrial Real 2,375,690 N/A 2,375,690 2,375,690
G. Oil, Gas, Minerals 7,128,741 N/A 7,128,741 7,128,741
J. Utilities 74,514,501 1.0538 70,710,288 70,710,288
L1. Commercial Personal 73,217,170 1.0138 72,220,527 72,220,527
L2. Industrial Personal 52,175,900 N/A 52,175,900 52,175,900
M. Other Personal 3,703,540 N/A 3,703,540 3,703,540
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,557,640 N/A 1,557,640 1,557,640
S. Special Inventory 11,313,730 N/A 11,313,730 11,313,730
Subtotal 926,000,049 1,019,571,479 1,019,571,479
Less Total Deductions 141,494,874   156,417,448 156,417,448
Total Taxable Value 784,505,175 863,154,031 863,154,031 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
897,816,595 863,154,031 897,816,595 863,154,031


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
34,662,564 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
897,816,595 863,154,031 897,816,595 863,154,031

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:

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)