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