taxes Property Tax Assistance

2020 ISD Summary Worksheet

122-Jeff Davis /Jeff Davis County

122-902/Valentine ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,277,430 0.9412 5,607,129 5,277,430
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,488,430 0.7230 4,824,938 3,488,430
C2 - COLONIA LOTS 754,880 N/A 754,880 754,880
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,733,010 0.9810 7,882,776 7,733,010
D2 - FARM & RANCH IMP 300,720 N/A 300,720 300,720
E - NON-AG LAND AND IMPROVEMENTS 11,373,240 0.7529 15,105,910 11,373,240
F1 - COMMERCIAL REAL 774,170 N/A 774,170 774,170
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 22,078,450 N/A 22,078,450 22,078,450
L1 - COMMERCIAL PERSONAL 311,390 N/A 311,390 311,390
L2 - INDUSTRIAL PERSONAL 1,204,020 N/A 1,204,020 1,204,020
M1 - MOBILE HOMES 407,500 N/A 407,500 407,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 53,703,240 0 59,251,883 53,703,240
Less Total Deductions 2,218,522 0 2,343,997 2,218,522
Total Taxable Value 51,484,718 0 56,907,886 51,484,718

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
51,811,588 51,484,718 51,811,588 51,484,718


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
326,870 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
51,811,588 51,484,718 51,811,588 51,484,718

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

122-902-02/Valentine ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,277,430 0.9412 5,607,129 5,277,430
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,488,430 0.7230 4,824,938 3,488,430
C2 - COLONIA LOTS 754,880 N/A 754,880 754,880
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,733,010 0.9810 7,882,776 7,733,010
D2 - FARM & RANCH IMP 300,720 N/A 300,720 300,720
E - NON-AG LAND AND IMPROVEMENTS 11,373,240 0.7529 15,105,910 11,373,240
F1 - COMMERCIAL REAL 774,170 N/A 774,170 774,170
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 22,078,450 N/A 22,078,450 22,078,450
L1 - COMMERCIAL PERSONAL 311,390 N/A 311,390 311,390
L2 - INDUSTRIAL PERSONAL 1,204,020 N/A 1,204,020 1,204,020
M1 - MOBILE HOMES 407,500 N/A 407,500 407,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 53,703,240 59,251,883 53,703,240
Less Total Deductions 2,218,522 2,343,997 2,218,522
Total Taxable Value 51,484,718 56,907,886 51,484,718

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
51,811,588 51,484,718 51,811,588 51,484,718


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
326,870 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
51,811,588 51,484,718 51,811,588 51,484,718

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