Texas Comptroller of Public Accounts

Texas Comptroller of Public Accounts, Glenn Hegar

skip navigation

2007 ISD Summary Worksheet

175-907/Kerens ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 61,222,080 .8728 70,144,455 70,144,455
B. Multi-Family Residences 306,910 N/A 306,910 306,910
C. Vacant Lots 18,358,130 1.0314 17,799,234 17,799,234
D. Rural Real(Taxable) 58,754,000 .9331 62,966,336 62,966,336
F1. Commercial Real 6,245,100 N/A 6,245,100 6,245,100
F2. Industrial Real 56,310 N/A 56,310 56,310
G. Oil, Gas, Minerals 6,006,090 N/A 6,006,090 6,006,090
J. Utilities 24,249,230 .9609 25,235,956 25,235,956
L1. Commercial Personal 2,782,210 N/A 2,782,210 2,782,210
L2. Industrial Personal 10,522,910 N/A 10,522,910 10,522,910
M. Other Personal 3,682,125 N/A 3,682,125 3,682,125
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 581,590 N/A 581,590 581,590
S. Special Inventory 29,620 N/A 29,620 29,620
Subtotal 192,796,305 206,358,846 206,358,846
Less Total Deductions 23,110,425   26,990,803 26,990,803
Total Taxable Value 169,685,880 179,368,043 179,368,043 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 47,327,980 .9091 52,060,257
Prod Value Qualified Acres 11,426,020 1.0477 10,906,079
Taxable Value 58,754,000   62,966,336

The taxable values shown here will not match the values reported by your appraisal district

NOTE: See the ISD Deduction Report for a breakdown of deduction values

SB4, Passed by the 1999 legislature, (Section 403.302(J) and (K), Government Code), requires the Comptroller to certify alternative measures of school district wealth (T1, T3, and T4) in addition to the traditional measure (T2). Questions about the extent to which any of these wealth measures affect school funding should be directed to the Division of State Funding at the Texas Education Agency, Telephone #512-463-9238.

T1 Loss To The Additional $10,000 Homestead Exemption T2 50% Of The Loss To The Local Optional Percentage Homestead Exemption T3 T4
187,596,223 8,228,180 179,368,043 0 187,596,223 179,368,043

T1 = School district taxable value before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value after the loss to the additional $10,000 homestead exemption

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

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

Required Plug-ins

In 2015, the Texas Legislature passed House Bill 855, which requires state agencies to publish a list of the three most commonly used Web browsers on their websites. The Texas Comptroller’s most commonly used Web browsers are Microsoft Internet Explorer, Google Chrome and Apple Safari.