taxes Property Tax Assistance

2020 ISD Summary Worksheet

123-Jefferson

123-905/Nederland ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,415,706,094 0.9232 1,533,477,138 1,415,706,094
B - MULTIFAMILY 129,384,074 0.7279 177,749,793 129,384,074
C1 - VACANT LOTS 19,077,012 N/A 19,077,012 19,077,012
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 115,426 1.5082 76,534 115,426
D2 - FARM & RANCH IMP 167,960 N/A 167,960 167,960
E - NON-AG LAND AND IMPROVEMENTS 10,278,020 N/A 10,278,020 10,278,020
F1 - COMMERCIAL REAL 273,911,906 0.7577 361,504,429 273,911,906
F2 - INDUSTRIAL REAL 915,571,692 N/A 915,571,692 915,571,692
G - ALL MINERALS 368,273 N/A 368,273 368,273
J - ALL UTILITIES 102,766,522 N/A 102,766,522 102,766,522
L1 - COMMERCIAL PERSONAL 186,976,314 1.0003 186,920,238 186,976,314
L2 - INDUSTRIAL PERSONAL 362,245,454 N/A 362,245,454 362,245,454
M1 - MOBILE HOMES 7,169,557 N/A 7,169,557 7,169,557
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,857,965 N/A 4,857,965 4,857,965
S - SPECIAL INVENTORY 21,729,938 N/A 21,729,938 21,729,938
Subtotal 3,450,326,207 0 3,703,960,525 3,450,326,207
Less Total Deductions 541,510,190 0 575,504,435 541,510,190
Total Taxable Value 2,908,816,017 0 3,128,456,090 2,908,816,017

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
2,974,350,860 2,908,816,017 2,974,350,860 2,908,816,017


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
65,534,843 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
3,149,200,460 3,083,665,617 3,149,200,460 3,083,665,617

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

123-905-02/Nederland ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,415,706,094 0.9232 1,533,477,138 1,415,706,094
B - MULTIFAMILY 129,384,074 0.7279 177,749,793 129,384,074
C1 - VACANT LOTS 19,077,012 N/A 19,077,012 19,077,012
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 115,426 1.5082 76,534 115,426
D2 - FARM & RANCH IMP 167,960 N/A 167,960 167,960
E - NON-AG LAND AND IMPROVEMENTS 10,278,020 N/A 10,278,020 10,278,020
F1 - COMMERCIAL REAL 273,911,906 0.7577 361,504,429 273,911,906
F2 - INDUSTRIAL REAL 915,571,692 N/A 915,571,692 915,571,692
G - ALL MINERALS 368,273 N/A 368,273 368,273
J - ALL UTILITIES 102,766,522 N/A 102,766,522 102,766,522
L1 - COMMERCIAL PERSONAL 186,976,314 1.0003 186,920,238 186,976,314
L2 - INDUSTRIAL PERSONAL 362,245,454 N/A 362,245,454 362,245,454
M1 - MOBILE HOMES 7,169,557 N/A 7,169,557 7,169,557
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,857,965 N/A 4,857,965 4,857,965
S - SPECIAL INVENTORY 21,729,938 N/A 21,729,938 21,729,938
Subtotal 3,450,326,207 3,703,960,525 3,450,326,207
Less Total Deductions 541,510,190 575,504,435 541,510,190
Total Taxable Value 2,908,816,017 3,128,456,090 2,908,816,017

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
2,974,350,860 2,908,816,017 2,974,350,860 2,908,816,017


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
65,534,843 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
3,149,200,460 3,083,665,617 3,149,200,460 3,083,665,617

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