taxes Property Tax Assistance

2018 ISD Summary Worksheet

124-Jim Hogg

124-901/Jim Hogg County ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 104,773,180 N/A 104,773,180 104,773,180
B. MULTIFAMILY RESIDENCES 2,443,490 N/A 2,443,490 2,443,490
C1. VACANT LOTS 5,950,230 N/A 5,950,230 5,950,230
C2. COLONIA LOTS 1,049,980 N/A 1,049,980 1,049,980
D1. QUALIFIED AG LAND 51,233,640 N/A 51,233,640 51,233,640
D2. REAL PROP:FARM & RANCH 15,195,370 N/A 15,195,370 15,195,370
E. REAL PROP NONQUAL ACREAGE 14,739,110 N/A 14,739,110 14,739,110
F1. COMMERCIAL REAL 23,358,330 N/A 23,358,330 23,358,330
F2. INDUSTRIAL REAL 126,692,570 N/A 126,692,570 126,692,570
G. OIL,GAS,MINERALS 19,824,660 N/A 19,824,660 19,824,660
J. UTILITIES 49,887,820 N/A 49,887,820 49,887,820
L1. COMMERCIAL PERSONAL 8,420,510 N/A 8,420,510 8,420,510
L2. INDUSTRIAL PERSONAL 11,186,860 N/A 11,186,860 11,186,860
M. MOBILE HOMES 207,960 N/A 207,960 207,960
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 434,963,710 0 434,963,710 434,963,710
Less Total Deductions 127,316,610 0 127,316,611 127,316,610
Total Taxable Value 307,647,100 0 307,647,099 307,647,100

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
316,504,770 307,647,100 313,017,150 304,159,480


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,857,670 3,487,620


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
406,941,300 398,083,630 403,453,680 394,596,010

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 LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

124-901-02/Jim Hogg County ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 104,773,180 N/A 104,773,180 104,773,180
B. MULTIFAMILY RESIDENCES 2,443,490 N/A 2,443,490 2,443,490
C1. VACANT LOTS 5,950,230 N/A 5,950,230 5,950,230
C2. COLONIA LOTS 1,049,980 N/A 1,049,980 1,049,980
D1. QUALIFIED AG LAND 51,233,640 N/A 51,233,640 51,233,640
D2. REAL PROP:FARM & RANCH 15,195,370 N/A 15,195,370 15,195,370
E. REAL PROP NONQUAL ACREAGE 14,739,110 N/A 14,739,110 14,739,110
F1. COMMERCIAL REAL 23,358,330 N/A 23,358,330 23,358,330
F2. INDUSTRIAL REAL 126,692,570 N/A 126,692,570 126,692,570
G. OIL,GAS,MINERALS 19,824,660 N/A 19,824,660 19,824,660
J. UTILITIES 49,887,820 N/A 49,887,820 49,887,820
L1. COMMERCIAL PERSONAL 8,420,510 N/A 8,420,510 8,420,510
L2. INDUSTRIAL PERSONAL 11,186,860 N/A 11,186,860 11,186,860
M. MOBILE HOMES 207,960 N/A 207,960 207,960
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 434,963,710 434,963,710 434,963,710
Less Total Deductions 127,316,610 127,316,611 127,316,610
Total Taxable Value 307,647,100 307,647,099 307,647,100

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
316,504,770 307,647,100 313,017,150 304,159,480


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,857,670 3,487,620


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
406,941,300 398,083,630 403,453,680 394,596,010

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