taxes Property Tax Assistance

2023 ISD Summary Worksheet

126-Johnson/Johnson County

126-905/Joshua ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,441,737,229 0.9648 2,530,822,169 2,441,737,229
B - MULTIFAMILY 51,092,577 N/A 51,092,577 51,092,577
C1 - VACANT LOTS 89,784,392 N/A 89,784,392 89,784,392
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,365,971 1.6024 2,100,541 3,365,971
D2 - FARM & RANCH IMP 9,343,659 N/A 9,343,659 9,343,659
E - NON-AG LAND AND IMPROVEMENTS 609,005,530 0.8271 736,314,267 609,005,530
F1 - COMMERCIAL REAL 162,341,462 N/A 162,341,462 162,341,462
F2 - INDUSTRIAL REAL 21,199,953 N/A 21,199,953 21,199,953
G - ALL MINERALS 93,345,570 N/A 93,345,570 93,345,570
J - ALL UTILITIES 92,896,509 N/A 92,896,509 92,896,509
L1 - COMMERCIAL PERSONAL 71,374,158 N/A 71,374,158 71,374,158
L2 - INDUSTRIAL PERSONAL 24,468,738 N/A 24,468,738 24,468,738
M1 - MOBILE HOMES 24,396,944 N/A 24,396,944 24,396,944
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 12,709,842 N/A 12,709,842 12,709,842
S - SPECIAL INVENTORY 9,659,383 N/A 9,659,383 9,659,383
Subtotal 3,716,721,917 0 3,931,850,164 3,716,721,917
Less Total Deductions 1,308,593,271 0 1,343,962,753 1,308,593,271
Total Taxable Value 2,408,128,646 0 2,587,887,411 2,408,128,646

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 2,790,920,204 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,408,128,646 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 2,790,920,204 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,408,128,646 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,905,565,204 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,981,995,204 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,521,290,254 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 2,790,920,204 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,408,128,646 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 2,790,920,204 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,408,128,646 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,905,565,204 T13 plus the loss to the chapter 313 agreement
T16 2,981,995,204 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,521,290,254 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 382,791,558 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 114,645,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 76,430,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

126-905-02/Joshua ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,441,737,229 0.9648 2,530,822,169 2,441,737,229
B - MULTIFAMILY 51,092,577 N/A 51,092,577 51,092,577
C1 - VACANT LOTS 89,784,392 N/A 89,784,392 89,784,392
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,365,971 1.6024 2,100,541 3,365,971
D2 - FARM & RANCH IMP 9,343,659 N/A 9,343,659 9,343,659
E - NON-AG LAND AND IMPROVEMENTS 609,005,530 0.8271 736,314,267 609,005,530
F1 - COMMERCIAL REAL 162,341,462 N/A 162,341,462 162,341,462
F2 - INDUSTRIAL REAL 21,199,953 N/A 21,199,953 21,199,953
G - ALL MINERALS 93,345,570 N/A 93,345,570 93,345,570
J - ALL UTILITIES 92,896,509 N/A 92,896,509 92,896,509
L1 - COMMERCIAL PERSONAL 71,374,158 N/A 71,374,158 71,374,158
L2 - INDUSTRIAL PERSONAL 24,468,738 N/A 24,468,738 24,468,738
M1 - MOBILE HOMES 24,396,944 N/A 24,396,944 24,396,944
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 12,709,842 N/A 12,709,842 12,709,842
S - SPECIAL INVENTORY 9,659,383 N/A 9,659,383 9,659,383
Subtotal 3,716,721,917 3,931,850,164 3,716,721,917
Less Total Deductions 1,308,593,271 1,343,962,753 1,308,593,271
Total Taxable Value 2,408,128,646 2,587,887,411 2,408,128,646

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 2,790,920,204 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,408,128,646 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 2,790,920,204 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,408,128,646 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,905,565,204 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,981,995,204 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,521,290,254 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 2,790,920,204 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,408,128,646 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 2,790,920,204 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,408,128,646 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,905,565,204 T13 plus the loss to the chapter 313 agreement
T16 2,981,995,204 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,521,290,254 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 382,791,558 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 114,645,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 76,430,000 Loss to Second Previous Homestead Increase