taxes Property Tax Assistance

2020 ISD Summary Worksheet

124-Jim Hogg

124-901/Jim Hogg County ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 112,194,900 0.9585 117,052,582 117,052,582
B - MULTIFAMILY 3,204,520 N/A 3,204,520 3,204,520
C1 - VACANT LOTS 4,757,610 N/A 4,757,610 4,757,610
C2 - COLONIA LOTS 976,310 N/A 976,310 976,310
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,782,560 0.8147 62,330,239 62,330,239
D2 - FARM & RANCH IMP 21,200,670 0.9719 21,813,633 21,813,633
E - NON-AG LAND AND IMPROVEMENTS 13,816,430 N/A 13,816,430 13,816,430
F1 - COMMERCIAL REAL 24,341,780 0.8394 28,999,023 28,999,023
F2 - INDUSTRIAL REAL 129,849,580 N/A 129,849,580 129,849,580
G - ALL MINERALS 17,963,720 0.9976 18,006,937 18,006,937
J - ALL UTILITIES 52,974,530 0.8936 59,282,151 59,282,151
L1 - COMMERCIAL PERSONAL 9,611,546 N/A 9,611,546 9,611,546
L2 - INDUSTRIAL PERSONAL 8,264,150 N/A 8,264,150 8,264,150
M1 - MOBILE HOMES 166,200 N/A 166,200 166,200
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 450,104,506 0 478,130,911 478,130,911
Less Total Deductions 128,828,462 0 129,816,807 129,816,807
Total Taxable Value 321,276,044 0 348,314,104 348,314,104

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
357,071,214 348,314,104 353,568,234 344,811,124


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,757,110 3,502,980


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
448,729,164 439,972,054 445,226,184 436,469,074

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)

124-901-02/Jim Hogg County ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 112,194,900 0.9585 117,052,582 117,052,582
B - MULTIFAMILY 3,204,520 N/A 3,204,520 3,204,520
C1 - VACANT LOTS 4,757,610 N/A 4,757,610 4,757,610
C2 - COLONIA LOTS 976,310 N/A 976,310 976,310
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,782,560 0.8147 62,330,239 62,330,239
D2 - FARM & RANCH IMP 21,200,670 0.9719 21,813,633 21,813,633
E - NON-AG LAND AND IMPROVEMENTS 13,816,430 N/A 13,816,430 13,816,430
F1 - COMMERCIAL REAL 24,341,780 0.8394 28,999,023 28,999,023
F2 - INDUSTRIAL REAL 129,849,580 N/A 129,849,580 129,849,580
G - ALL MINERALS 17,963,720 0.9976 18,006,937 18,006,937
J - ALL UTILITIES 52,974,530 0.8936 59,282,151 59,282,151
L1 - COMMERCIAL PERSONAL 9,611,546 N/A 9,611,546 9,611,546
L2 - INDUSTRIAL PERSONAL 8,264,150 N/A 8,264,150 8,264,150
M1 - MOBILE HOMES 166,200 N/A 166,200 166,200
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 450,104,506 478,130,911 478,130,911
Less Total Deductions 128,828,462 129,816,807 129,816,807
Total Taxable Value 321,276,044 348,314,104 348,314,104

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
357,071,214 348,314,104 353,568,234 344,811,124


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,757,110 3,502,980


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
448,729,164 439,972,054 445,226,184 436,469,074

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