taxes Property Tax Assistance

2019 ISD Summary Worksheet

134-Kimble

134-901/Junction ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 73,986,571 0.8824 83,846,975 83,846,975
B. MULTIFAMILY RESIDENCES 2,297,610 N/A 2,297,610 2,297,610
C1. VACANT LOTS 7,082,319 N/A 7,082,319 7,082,319
D1. QUALIFIED AG LAND 33,741,829 0.9922 34,008,637 34,008,637
D2. REAL PROP:FARM & RANCH 4,145,100 N/A 4,145,100 4,145,100
E. REAL PROP NONQUAL ACREAGE 206,063,463 0.9121 225,922,007 225,922,007
F1. COMMERCIAL REAL 39,381,473 0.8200 48,026,187 48,026,187
F2. INDUSTRIAL REAL 5,209,900 N/A 5,209,900 5,209,900
G. OIL,GAS,MINERALS 100,590 N/A 100,590 100,590
J. UTILITIES 91,591,370 1.0412 87,967,124 87,967,124
L1. COMMERCIAL PERSONAL 17,613,270 N/A 17,613,270 17,613,270
L2. INDUSTRIAL PERSONAL 9,320,870 N/A 9,320,870 9,320,870
M. MOBILE HOMES 4,078,630 N/A 4,078,630 4,078,630
Subtotal 494,612,995 0 529,619,219 529,619,219
Less Total Deductions 51,647,077 0 59,955,714 59,955,714
Total Taxable Value 442,965,918 0 469,663,505 469,663,505

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
479,219,796 469,663,505 479,219,796 469,663,505


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,556,291 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
479,219,796 469,663,505 479,219,796 469,663,505

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)

134-901-02/Junction ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 73,986,571 0.8824 83,846,975 83,846,975
B. MULTIFAMILY RESIDENCES 2,297,610 N/A 2,297,610 2,297,610
C1. VACANT LOTS 7,082,319 N/A 7,082,319 7,082,319
D1. QUALIFIED AG LAND 33,741,829 0.9922 34,008,637 34,008,637
D2. REAL PROP:FARM & RANCH 4,145,100 N/A 4,145,100 4,145,100
E. REAL PROP NONQUAL ACREAGE 206,063,463 0.9121 225,922,007 225,922,007
F1. COMMERCIAL REAL 39,381,473 0.8200 48,026,187 48,026,187
F2. INDUSTRIAL REAL 5,209,900 N/A 5,209,900 5,209,900
G. OIL,GAS,MINERALS 100,590 N/A 100,590 100,590
J. UTILITIES 91,591,370 1.0412 87,967,124 87,967,124
L1. COMMERCIAL PERSONAL 17,613,270 N/A 17,613,270 17,613,270
L2. INDUSTRIAL PERSONAL 9,320,870 N/A 9,320,870 9,320,870
M. MOBILE HOMES 4,078,630 N/A 4,078,630 4,078,630
Subtotal 494,612,995 529,619,219 529,619,219
Less Total Deductions 51,647,077 59,955,714 59,955,714
Total Taxable Value 442,965,918 469,663,505 469,663,505

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
479,219,796 469,663,505 479,219,796 469,663,505


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,556,291 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
479,219,796 469,663,505 479,219,796 469,663,505

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