taxes Property Tax Assistance

2018 ISD Summary Worksheet

126-Johnson

126-908/Venus ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	246,255,586	N/A	246,255,586	246,255,586
B. MULTIFAMILY RESIDENCES	1,066,010	N/A	1,066,010	1,066,010
C1. VACANT LOTS	10,989,975	N/A	10,989,975	10,989,975
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	3,089,368	N/A	3,089,368	3,089,368
D2. REAL PROP:FARM & RANCH	799,237	N/A	799,237	799,237
E. REAL PROP NONQUAL ACREAGE	50,837,011	N/A	50,837,011	50,837,011
F1. COMMERCIAL REAL	10,227,328	N/A	10,227,328	10,227,328
F2. INDUSTRIAL REAL	1,954,121	N/A	1,954,121	1,954,121
G. OIL,GAS,MINERALS	19,280,308	N/A	19,280,308	19,280,308
J. UTILITIES	21,792,261	N/A	21,792,261	21,792,261
L1. COMMERCIAL PERSONAL	7,051,841	N/A	7,051,841	7,051,841
L2. INDUSTRIAL PERSONAL	2,285,073	N/A	2,285,073	2,285,073
M. MOBILE HOMES	3,657,680	N/A	3,657,680	3,657,680
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	881,235	N/A	881,235	881,235
S. SPECIAL INVENTORY	9,127	N/A	9,127	9,127
Subtotal	380,176,161	0	380,176,161	380,176,161
Less Total Deductions	68,487,028	0	68,487,028	68,487,028
Total Taxable Value	311,689,133	0	311,689,133	311,689,133

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
325,486,995	311,689,133	325,486,995	311,689,133

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
13,797,862	0

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
325,486,995	311,689,133	325,486,995	311,689,133

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

126-908-02/Venus ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	246,255,586	N/A	246,255,586	246,255,586
B. MULTIFAMILY RESIDENCES	1,066,010	N/A	1,066,010	1,066,010
C1. VACANT LOTS	10,989,975	N/A	10,989,975	10,989,975
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	3,089,368	N/A	3,089,368	3,089,368
D2. REAL PROP:FARM & RANCH	799,237	N/A	799,237	799,237
E. REAL PROP NONQUAL ACREAGE	50,837,011	N/A	50,837,011	50,837,011
F1. COMMERCIAL REAL	10,227,328	N/A	10,227,328	10,227,328
F2. INDUSTRIAL REAL	1,954,121	N/A	1,954,121	1,954,121
G. OIL,GAS,MINERALS	19,280,308	N/A	19,280,308	19,280,308
J. UTILITIES	21,792,261	N/A	21,792,261	21,792,261
L1. COMMERCIAL PERSONAL	7,051,841	N/A	7,051,841	7,051,841
L2. INDUSTRIAL PERSONAL	2,285,073	N/A	2,285,073	2,285,073
M. MOBILE HOMES	3,657,680	N/A	3,657,680	3,657,680
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	881,235	N/A	881,235	881,235
S. SPECIAL INVENTORY	9,127	N/A	9,127	9,127
Subtotal	380,176,161		380,176,161	380,176,161
Less Total Deductions	68,487,028		68,487,028	68,487,028
Total Taxable Value	311,689,133		311,689,133	311,689,133

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
325,486,995	311,689,133	325,486,995	311,689,133

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
13,797,862	0

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
325,486,995	311,689,133	325,486,995	311,689,133

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