taxes Property Tax Assistance

2019 ISD Summary Worksheet

183-Panola

210-902/Joaquin ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,985,770 0.8490 2,338,952 1,985,770
C1. VACANT LOTS 304,810 N/A 304,810 304,810
D1. QUALIFIED AG LAND 511,146 0.9345 546,982 511,146
D2. REAL PROP:FARM & RANCH 259,040 N/A 259,040 259,040
E. REAL PROP NONQUAL ACREAGE 2,281,440 0.9107 2,505,150 2,281,440
G. OIL,GAS,MINERALS 23,499,780 1.0009 23,478,649 23,499,780
J. UTILITIES 5,450,840 1.1337 4,808,009 5,450,840
L1. COMMERCIAL PERSONAL 500 N/A 500 500
L2. INDUSTRIAL PERSONAL 67,020 N/A 67,020 67,020
M. MOBILE HOMES 450,730 N/A 450,730 450,730
Subtotal 34,811,076 0 34,759,842 34,811,076
Less Total Deductions 1,489,738 0 1,654,727 1,489,738
Total Taxable Value 33,321,338 0 33,105,115 33,321,338

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
33,609,378 33,321,338 33,306,333 33,018,293


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
288,040 303,045


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
33,609,378 33,321,338 33,306,333 33,018,293

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

210-902-02/Joaquin ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,985,770 0.8490 2,338,952 1,985,770
C1. VACANT LOTS 304,810 N/A 304,810 304,810
D1. QUALIFIED AG LAND 511,146 0.9345 546,982 511,146
D2. REAL PROP:FARM & RANCH 259,040 N/A 259,040 259,040
E. REAL PROP NONQUAL ACREAGE 2,281,440 0.9107 2,505,150 2,281,440
G. OIL,GAS,MINERALS 23,499,780 1.0009 23,478,649 23,499,780
J. UTILITIES 5,450,840 1.1337 4,808,009 5,450,840
L1. COMMERCIAL PERSONAL 500 N/A 500 500
L2. INDUSTRIAL PERSONAL 67,020 N/A 67,020 67,020
M. MOBILE HOMES 450,730 N/A 450,730 450,730
Subtotal 34,811,076 34,759,842 34,811,076
Less Total Deductions 1,489,738 1,654,727 1,489,738
Total Taxable Value 33,321,338 33,105,115 33,321,338

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
33,609,378 33,321,338 33,306,333 33,018,293


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
288,040 303,045


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
33,609,378 33,321,338 33,306,333 33,018,293

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