taxes Property Tax Assistance

2019 ISD Summary Worksheet

119-Jack

119-902/Jacksboro ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 78,452,120 0.9514 82,459,659 82,459,659
B. MULTIFAMILY RESIDENCES 1,194,210 N/A 1,194,210 1,194,210
C1. VACANT LOTS 1,703,190 N/A 1,703,190 1,703,190
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 24,624,580 1.2588 19,562,527 19,562,527
D2. REAL PROP:FARM & RANCH 10,566,110 N/A 10,566,110 10,566,110
E. REAL PROP NONQUAL ACREAGE 101,931,440 0.7887 129,239,812 129,239,812
F1. COMMERCIAL REAL 22,847,390 0.8483 26,933,149 26,933,149
F2. INDUSTRIAL REAL 331,540,230 N/A 331,540,230 331,540,230
G. OIL,GAS,MINERALS 73,127,660 1.0054 72,734,892 72,734,892
J. UTILITIES 127,269,110 0.8242 154,415,324 154,415,324
L1. COMMERCIAL PERSONAL 15,486,800 N/A 15,486,800 15,486,800
L2. INDUSTRIAL PERSONAL 66,795,460 N/A 66,795,460 66,795,460
M. MOBILE HOMES 3,968,100 N/A 3,968,100 3,968,100
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 859,506,400 0 916,599,463 916,599,463
Less Total Deductions 128,614,938 0 130,029,854 130,029,854
Total Taxable Value 730,891,462 0 786,569,609 786,569,609

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
796,905,948 786,569,609 796,905,948 786,569,609


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,336,339 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
854,557,728 844,221,389 854,557,728 844,221,389

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)

119-902-02/Jacksboro ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 78,452,120 0.9514 82,459,659 82,459,659
B. MULTIFAMILY RESIDENCES 1,194,210 N/A 1,194,210 1,194,210
C1. VACANT LOTS 1,703,190 N/A 1,703,190 1,703,190
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 24,624,580 1.2588 19,562,527 19,562,527
D2. REAL PROP:FARM & RANCH 10,566,110 N/A 10,566,110 10,566,110
E. REAL PROP NONQUAL ACREAGE 101,931,440 0.7887 129,239,812 129,239,812
F1. COMMERCIAL REAL 22,847,390 0.8483 26,933,149 26,933,149
F2. INDUSTRIAL REAL 331,540,230 N/A 331,540,230 331,540,230
G. OIL,GAS,MINERALS 73,127,660 1.0054 72,734,892 72,734,892
J. UTILITIES 127,269,110 0.8242 154,415,324 154,415,324
L1. COMMERCIAL PERSONAL 15,486,800 N/A 15,486,800 15,486,800
L2. INDUSTRIAL PERSONAL 66,795,460 N/A 66,795,460 66,795,460
M. MOBILE HOMES 3,968,100 N/A 3,968,100 3,968,100
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 859,506,400 916,599,463 916,599,463
Less Total Deductions 128,614,938 130,029,854 130,029,854
Total Taxable Value 730,891,462 786,569,609 786,569,609

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
796,905,948 786,569,609 796,905,948 786,569,609


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,336,339 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
854,557,728 844,221,389 854,557,728 844,221,389

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