taxes Property Tax Assistance

2021 ISD Summary Worksheet

122-Jeff Davis /Jeff Davis County

122-902/Valentine ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	5,277,230	0.8419	6,268,239	5,277,230
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,488,390	0.7406	4,710,221	3,488,390
C2 - COLONIA LOTS	754,880	N/A	754,880	754,880
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,037,650	1.1752	7,690,306	9,037,650
D2 - FARM & RANCH IMP	300,360	N/A	300,360	300,360
E - NON-AG LAND AND IMPROVEMENTS	11,354,200	1.0937	10,381,457	11,354,200
F1 - COMMERCIAL REAL	758,930	N/A	758,930	758,930
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	23,937,540	0.9588	24,966,145	23,937,540
L1 - COMMERCIAL PERSONAL	243,730	N/A	243,730	243,730
L2 - INDUSTRIAL PERSONAL	1,820,960	N/A	1,820,960	1,820,960
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	57,381,370	0	58,302,728	57,381,370
Less Total Deductions	2,190,012	0	2,545,086	2,190,012
Total Taxable Value	55,191,358	0	55,757,642	55,191,358

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
55,522,858	55,191,358	55,522,858	55,191,358

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
331,500	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
55,522,858	55,191,358	55,522,858	55,191,358

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	5,277,230	0.8419	6,268,239	5,277,230
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,488,390	0.7406	4,710,221	3,488,390
C2 - COLONIA LOTS	754,880	N/A	754,880	754,880
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,037,650	1.1752	7,690,306	9,037,650
D2 - FARM & RANCH IMP	300,360	N/A	300,360	300,360
E - NON-AG LAND AND IMPROVEMENTS	11,354,200	1.0937	10,381,457	11,354,200
F1 - COMMERCIAL REAL	758,930	N/A	758,930	758,930
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	23,937,540	0.9588	24,966,145	23,937,540
L1 - COMMERCIAL PERSONAL	243,730	N/A	243,730	243,730
L2 - INDUSTRIAL PERSONAL	1,820,960	N/A	1,820,960	1,820,960
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	57,381,370		58,302,728	57,381,370
Less Total Deductions	2,190,012		2,545,086	2,190,012
Total Taxable Value	55,191,358		55,757,642	55,191,358

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
55,522,858	55,191,358	55,522,858	55,191,358

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
331,500	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
55,522,858	55,191,358	55,522,858	55,191,358

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