taxes Property Tax Assistance

2020 ISD Summary Worksheet

125-Jim Wells /Jim Wells County

125-906/La Gloria ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 126,772 N/A 126,772 126,772
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,956,262 1.0717 1,825,372 1,956,262
D2 - FARM & RANCH IMP 337,876 N/A 337,876 337,876
E - NON-AG LAND AND IMPROVEMENTS 14,476,945 0.8640 16,755,723 14,476,945
F1 - COMMERCIAL REAL 125,738 N/A 125,738 125,738
F2 - INDUSTRIAL REAL 10,497,805 N/A 10,497,805 10,497,805
G - ALL MINERALS 1,797,630 1.0056 1,787,619 1,797,630
J - ALL UTILITIES 14,314,295 0.7755 18,458,150 14,314,295
L1 - COMMERCIAL PERSONAL 38,530 N/A 38,530 38,530
L2 - INDUSTRIAL PERSONAL 3,023,710 N/A 3,023,710 3,023,710
M1 - MOBILE HOMES 434,856 N/A 434,856 434,856
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 47,130,419 0 53,412,151 47,130,419
Less Total Deductions 2,692,733 0 2,692,733 2,692,733
Total Taxable Value 44,437,686 0 50,719,418 44,437,686

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
45,046,129 44,437,686 44,891,364 44,282,921


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
608,443 154,765


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
45,046,129 44,437,686 44,891,364 44,282,921

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

125-906-02/La Gloria ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 126,772 N/A 126,772 126,772
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,956,262 1.0717 1,825,372 1,956,262
D2 - FARM & RANCH IMP 337,876 N/A 337,876 337,876
E - NON-AG LAND AND IMPROVEMENTS 14,476,945 0.8640 16,755,723 14,476,945
F1 - COMMERCIAL REAL 125,738 N/A 125,738 125,738
F2 - INDUSTRIAL REAL 10,497,805 N/A 10,497,805 10,497,805
G - ALL MINERALS 1,797,630 1.0056 1,787,619 1,797,630
J - ALL UTILITIES 14,314,295 0.7755 18,458,150 14,314,295
L1 - COMMERCIAL PERSONAL 38,530 N/A 38,530 38,530
L2 - INDUSTRIAL PERSONAL 3,023,710 N/A 3,023,710 3,023,710
M1 - MOBILE HOMES 434,856 N/A 434,856 434,856
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 47,130,419 53,412,151 47,130,419
Less Total Deductions 2,692,733 2,692,733 2,692,733
Total Taxable Value 44,437,686 50,719,418 44,437,686

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
45,046,129 44,437,686 44,891,364 44,282,921


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
608,443 154,765


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
45,046,129 44,437,686 44,891,364 44,282,921

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