taxes Property Tax Assistance

2023 ISD Summary Worksheet

125-Jim Wells/Jim Wells County

125-902/Ben Bolt-Palito Blanco ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 10,041,102 0.6756 14,862,496 14,862,496
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 881,030 N/A 881,030 881,030
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,376,258 1.0923 7,668,307 7,668,307
D2 - FARM & RANCH IMP 1,017,180 N/A 1,017,180 1,017,180
E - NON-AG LAND AND IMPROVEMENTS 75,047,641 0.5827 128,792,931 128,792,931
F1 - COMMERCIAL REAL 1,551,915 N/A 1,551,915 1,551,915
F2 - INDUSTRIAL REAL 1,439,449 N/A 1,439,449 1,439,449
G - ALL MINERALS 660,380 N/A 660,380 660,380
J - ALL UTILITIES 17,499,686 0.9864 17,740,963 17,740,963
L1 - COMMERCIAL PERSONAL 1,739,841 N/A 1,739,841 1,739,841
L2 - INDUSTRIAL PERSONAL 965,350 N/A 965,350 965,350
M1 - MOBILE HOMES 3,474,309 N/A 3,474,309 3,474,309
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 290,450 N/A 290,450 290,450
Subtotal 122,984,591 0 181,084,601 181,084,601
Less Total Deductions 38,972,959 0 48,922,447 48,922,447
Total Taxable Value 84,011,632 0 132,162,154 132,162,154

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 145,370,330 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 132,162,154 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 145,370,330 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 132,162,154 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 153,290,330 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 158,570,330 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 134,622,893 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 145,370,330 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 132,162,154 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 145,370,330 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 132,162,154 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 153,290,330 T13 plus the loss to the chapter 313 agreement
T16 158,570,330 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 134,622,893 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,208,176 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 7,920,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,280,000 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

125-902-02/Ben Bolt-Palito Blanco ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 10,041,102 0.6756 14,862,496 14,862,496
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 881,030 N/A 881,030 881,030
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,376,258 1.0923 7,668,307 7,668,307
D2 - FARM & RANCH IMP 1,017,180 N/A 1,017,180 1,017,180
E - NON-AG LAND AND IMPROVEMENTS 75,047,641 0.5827 128,792,931 128,792,931
F1 - COMMERCIAL REAL 1,551,915 N/A 1,551,915 1,551,915
F2 - INDUSTRIAL REAL 1,439,449 N/A 1,439,449 1,439,449
G - ALL MINERALS 660,380 N/A 660,380 660,380
J - ALL UTILITIES 17,499,686 0.9864 17,740,963 17,740,963
L1 - COMMERCIAL PERSONAL 1,739,841 N/A 1,739,841 1,739,841
L2 - INDUSTRIAL PERSONAL 965,350 N/A 965,350 965,350
M1 - MOBILE HOMES 3,474,309 N/A 3,474,309 3,474,309
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 290,450 N/A 290,450 290,450
Subtotal 122,984,591 181,084,601 181,084,601
Less Total Deductions 38,972,959 48,922,447 48,922,447
Total Taxable Value 84,011,632 132,162,154 132,162,154

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 145,370,330 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 132,162,154 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 145,370,330 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 132,162,154 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 153,290,330 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 158,570,330 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 134,622,893 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 145,370,330 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 132,162,154 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 145,370,330 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 132,162,154 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 153,290,330 T13 plus the loss to the chapter 313 agreement
T16 158,570,330 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 134,622,893 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,208,176 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 7,920,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,280,000 Loss to Second Previous Homestead Increase