taxes Property Tax Assistance

2023 ISD Summary Worksheet

125-Jim Wells/Jim Wells County

125-901/Alice ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 496,721,073 0.6455 769,513,668 769,513,668
B - MULTIFAMILY 17,826,697 N/A 17,826,697 17,826,697
C1 - VACANT LOTS 8,348,313 N/A 8,348,313 8,348,313
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 27,985,994 1.1818 23,680,535 23,680,535
D2 - FARM & RANCH IMP 4,931,727 N/A 4,931,727 4,931,727
E - NON-AG LAND AND IMPROVEMENTS 263,612,171 0.7190 366,637,234 366,637,234
F1 - COMMERCIAL REAL 201,248,281 0.8126 247,659,711 247,659,711
F2 - INDUSTRIAL REAL 75,199,271 N/A 75,199,271 75,199,271
G - ALL MINERALS 6,896,960 N/A 6,896,960 6,896,960
J - ALL UTILITIES 170,072,301 0.9859 172,504,616 172,504,616
L1 - COMMERCIAL PERSONAL 109,012,524 1.0273 106,115,569 106,115,569
L2 - INDUSTRIAL PERSONAL 93,739,790 N/A 93,739,790 93,739,790
M1 - MOBILE HOMES 15,767,899 N/A 15,767,899 15,767,899
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 12,188,931 N/A 12,188,931 12,188,931
Subtotal 1,503,551,932 0 1,921,010,921 1,921,010,921
Less Total Deductions 379,185,583 0 499,736,758 499,736,758
Total Taxable Value 1,124,366,349 0 1,421,274,163 1,421,274,163

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

Measure Value Description
T1 1,543,611,217 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,421,274,163 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,543,611,217 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,421,274,163 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,612,536,217 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,658,486,217 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,446,515,147 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,543,611,217 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,421,274,163 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,543,611,217 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,421,274,163 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,612,536,217 T13 plus the loss to the chapter 313 agreement
T16 1,658,486,217 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,446,515,147 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 122,337,054 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 68,925,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 45,950,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE APPRAISAL DISTRICT FAILED THEIR MOST RECENT MAP, YOUR SCHOOL DISTRICT'S VALUES ARE BELOW THE 90% CUTOFF, AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

125-901-02/Alice ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 496,721,073 0.6455 769,513,668 769,513,668
B - MULTIFAMILY 17,826,697 N/A 17,826,697 17,826,697
C1 - VACANT LOTS 8,348,313 N/A 8,348,313 8,348,313
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 27,985,994 1.1818 23,680,535 23,680,535
D2 - FARM & RANCH IMP 4,931,727 N/A 4,931,727 4,931,727
E - NON-AG LAND AND IMPROVEMENTS 263,612,171 0.7190 366,637,234 366,637,234
F1 - COMMERCIAL REAL 201,248,281 0.8126 247,659,711 247,659,711
F2 - INDUSTRIAL REAL 75,199,271 N/A 75,199,271 75,199,271
G - ALL MINERALS 6,896,960 N/A 6,896,960 6,896,960
J - ALL UTILITIES 170,072,301 0.9859 172,504,616 172,504,616
L1 - COMMERCIAL PERSONAL 109,012,524 1.0273 106,115,569 106,115,569
L2 - INDUSTRIAL PERSONAL 93,739,790 N/A 93,739,790 93,739,790
M1 - MOBILE HOMES 15,767,899 N/A 15,767,899 15,767,899
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 12,188,931 N/A 12,188,931 12,188,931
Subtotal 1,503,551,932 1,921,010,921 1,921,010,921
Less Total Deductions 379,185,583 499,736,758 499,736,758
Total Taxable Value 1,124,366,349 1,421,274,163 1,421,274,163

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

Measure Value Description
T1 1,543,611,217 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,421,274,163 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,543,611,217 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,421,274,163 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,612,536,217 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,658,486,217 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,446,515,147 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,543,611,217 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,421,274,163 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,543,611,217 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,421,274,163 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,612,536,217 T13 plus the loss to the chapter 313 agreement
T16 1,658,486,217 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,446,515,147 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 122,337,054 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 68,925,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 45,950,000 Loss to Second Previous Homestead Increase