taxes Property Tax Assistance

2019 ISD Summary Worksheet

125-Jim Wells

125-903/Orange Grove ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 64,227,407 0.8226 78,078,540 78,078,540
B. MULTIFAMILY RESIDENCES 1,645,203 N/A 1,645,203 1,645,203
C1. VACANT LOTS 2,344,909 N/A 2,344,909 2,344,909
D1. QUALIFIED AG LAND 14,965,235 1.0719 13,960,822 13,960,822
D2. REAL PROP:FARM & RANCH 4,139,881 N/A 4,139,881 4,139,881
E. REAL PROP NONQUAL ACREAGE 231,965,716 0.7468 310,612,903 310,612,903
F1. COMMERCIAL REAL 12,934,696 N/A 12,934,696 12,934,696
F2. INDUSTRIAL REAL 3,451,570 N/A 3,451,570 3,451,570
G. OIL,GAS,MINERALS 639,150 N/A 639,150 639,150
J. UTILITIES 43,601,350 0.8778 49,671,167 49,671,167
L1. COMMERCIAL PERSONAL 6,142,963 N/A 6,142,963 6,142,963
L2. INDUSTRIAL PERSONAL 18,945,730 N/A 18,945,730 18,945,730
M. MOBILE HOMES 6,504,768 N/A 6,504,768 6,504,768
S. SPECIAL INVENTORY 983 N/A 983 983
Subtotal 411,509,561 0 509,073,285 509,073,285
Less Total Deductions 61,058,747 0 73,568,390 73,568,390
Total Taxable Value 350,450,814 0 435,504,895 435,504,895

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
447,396,977 435,504,895 447,396,977 435,504,895


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,892,082 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
447,396,977 435,504,895 447,396,977 435,504,895

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

125-903-02/Orange Grove ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 64,227,407 0.8226 78,078,540 78,078,540
B. MULTIFAMILY RESIDENCES 1,645,203 N/A 1,645,203 1,645,203
C1. VACANT LOTS 2,344,909 N/A 2,344,909 2,344,909
D1. QUALIFIED AG LAND 14,965,235 1.0719 13,960,822 13,960,822
D2. REAL PROP:FARM & RANCH 4,139,881 N/A 4,139,881 4,139,881
E. REAL PROP NONQUAL ACREAGE 231,965,716 0.7468 310,612,903 310,612,903
F1. COMMERCIAL REAL 12,934,696 N/A 12,934,696 12,934,696
F2. INDUSTRIAL REAL 3,451,570 N/A 3,451,570 3,451,570
G. OIL,GAS,MINERALS 639,150 N/A 639,150 639,150
J. UTILITIES 43,601,350 0.8778 49,671,167 49,671,167
L1. COMMERCIAL PERSONAL 6,142,963 N/A 6,142,963 6,142,963
L2. INDUSTRIAL PERSONAL 18,945,730 N/A 18,945,730 18,945,730
M. MOBILE HOMES 6,504,768 N/A 6,504,768 6,504,768
S. SPECIAL INVENTORY 983 N/A 983 983
Subtotal 411,509,561 509,073,285 509,073,285
Less Total Deductions 61,058,747 73,568,390 73,568,390
Total Taxable Value 350,450,814 435,504,895 435,504,895

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
447,396,977 435,504,895 447,396,977 435,504,895


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,892,082 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
447,396,977 435,504,895 447,396,977 435,504,895

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