taxes Property Tax Assistance

2021 ISD Summary Worksheet

124-Jim Hogg /Jim Hogg County

124-901/Jim Hogg County ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 116,374,480 0.8224 141,505,934 141,505,934
B - MULTIFAMILY 4,525,310 N/A 4,525,310 4,525,310
C1 - VACANT LOTS 5,416,210 N/A 5,416,210 5,416,210
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,700,110 0.9791 51,780,256 51,780,256
D2 - FARM & RANCH IMP 20,979,120 0.8507 24,661,009 24,661,009
E - NON-AG LAND AND IMPROVEMENTS 12,842,270 N/A 12,842,270 12,842,270
F1 - COMMERCIAL REAL 23,798,270 0.8949 26,593,217 26,593,217
F2 - INDUSTRIAL REAL 133,728,340 N/A 133,728,340 133,728,340
G - ALL MINERALS 7,438,800 0.9911 7,505,600 7,505,600
J - ALL UTILITIES 53,865,410 0.9489 56,766,161 56,766,161
L1 - COMMERCIAL PERSONAL 9,674,060 N/A 9,674,060 9,674,060
L2 - INDUSTRIAL PERSONAL 6,994,030 N/A 6,994,030 6,994,030
M1 - MOBILE HOMES 137,950 N/A 137,950 137,950
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 446,474,360 0 482,130,347 482,130,347
Less Total Deductions 135,893,820 0 141,253,257 141,253,257
Total Taxable Value 310,580,540 0 340,877,090 340,877,090

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
350,085,150 340,877,090 346,362,415 337,154,355


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,208,060 3,722,735


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
446,883,610 437,675,550 443,160,875 433,952,815

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)

124-901-02/Jim Hogg County ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 116,374,480 0.8224 141,505,934 141,505,934
B - MULTIFAMILY 4,525,310 N/A 4,525,310 4,525,310
C1 - VACANT LOTS 5,416,210 N/A 5,416,210 5,416,210
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,700,110 0.9791 51,780,256 51,780,256
D2 - FARM & RANCH IMP 20,979,120 0.8507 24,661,009 24,661,009
E - NON-AG LAND AND IMPROVEMENTS 12,842,270 N/A 12,842,270 12,842,270
F1 - COMMERCIAL REAL 23,798,270 0.8949 26,593,217 26,593,217
F2 - INDUSTRIAL REAL 133,728,340 N/A 133,728,340 133,728,340
G - ALL MINERALS 7,438,800 0.9911 7,505,600 7,505,600
J - ALL UTILITIES 53,865,410 0.9489 56,766,161 56,766,161
L1 - COMMERCIAL PERSONAL 9,674,060 N/A 9,674,060 9,674,060
L2 - INDUSTRIAL PERSONAL 6,994,030 N/A 6,994,030 6,994,030
M1 - MOBILE HOMES 137,950 N/A 137,950 137,950
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 446,474,360 482,130,347 482,130,347
Less Total Deductions 135,893,820 141,253,257 141,253,257
Total Taxable Value 310,580,540 340,877,090 340,877,090

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
350,085,150 340,877,090 346,362,415 337,154,355


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,208,060 3,722,735


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
446,883,610 437,675,550 443,160,875 433,952,815

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