taxes Property Tax Assistance

2021 ISD Summary Worksheet

Venus ISD (all splits)   Johnson County  

126-Johnson/Johnson County

126-908/Venus ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 450,261,033 0.9309 483,683,568 450,261,033
B - MULTIFAMILY 1,517,095 N/A 1,517,095 1,517,095
C1 - VACANT LOTS 12,242,658 N/A 12,242,658 12,242,658
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,022,149 1.2499 2,417,999 3,022,149
D2 - FARM & RANCH IMP 861,671 N/A 861,671 861,671
E - NON-AG LAND AND IMPROVEMENTS 85,840,719 0.9070 94,642,469 85,840,719
F1 - COMMERCIAL REAL 17,202,353 N/A 17,202,353 17,202,353
F2 - INDUSTRIAL REAL 2,014,524 N/A 2,014,524 2,014,524
G - ALL MINERALS 10,570,796 N/A 10,570,796 10,570,796
J - ALL UTILITIES 21,263,376 N/A 21,263,376 21,263,376
L1 - COMMERCIAL PERSONAL 8,802,192 N/A 8,802,192 8,802,192
L2 - INDUSTRIAL PERSONAL 2,351,184 N/A 2,351,184 2,351,184
M1 - MOBILE HOMES 4,990,125 N/A 4,990,125 4,990,125
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 157,891 N/A 157,891 157,891
S - SPECIAL INVENTORY 287,205 N/A 287,205 287,205
Subtotal 621,384,971 0 663,005,106 621,384,971
Less Total Deductions 111,245,953 0 118,632,030 111,245,953
Total Taxable Value 510,139,018 0 544,373,076 510,139,018

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's office 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 school 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

Measure Value Description
T1 526,019,704 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 510,139,018 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 526,019,704 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 510,139,018 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 526,019,704 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 510,139,018 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 526,019,704 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 510,139,018 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,880,686 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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


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126-908-02/Venus ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 450,261,033 0.9309 483,683,568 450,261,033
B - MULTIFAMILY 1,517,095 N/A 1,517,095 1,517,095
C1 - VACANT LOTS 12,242,658 N/A 12,242,658 12,242,658
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,022,149 1.2499 2,417,999 3,022,149
D2 - FARM & RANCH IMP 861,671 N/A 861,671 861,671
E - NON-AG LAND AND IMPROVEMENTS 85,840,719 0.9070 94,642,469 85,840,719
F1 - COMMERCIAL REAL 17,202,353 N/A 17,202,353 17,202,353
F2 - INDUSTRIAL REAL 2,014,524 N/A 2,014,524 2,014,524
G - ALL MINERALS 10,570,796 N/A 10,570,796 10,570,796
J - ALL UTILITIES 21,263,376 N/A 21,263,376 21,263,376
L1 - COMMERCIAL PERSONAL 8,802,192 N/A 8,802,192 8,802,192
L2 - INDUSTRIAL PERSONAL 2,351,184 N/A 2,351,184 2,351,184
M1 - MOBILE HOMES 4,990,125 N/A 4,990,125 4,990,125
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 157,891 N/A 157,891 157,891
S - SPECIAL INVENTORY 287,205 N/A 287,205 287,205
Subtotal 621,384,971 663,005,106 621,384,971
Less Total Deductions 111,245,953 118,632,030 111,245,953
Total Taxable Value 510,139,018 544,373,076 510,139,018

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's office 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 school 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

Measure Value Description
T1 526,019,704 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 510,139,018 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 526,019,704 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 510,139,018 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 526,019,704 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 510,139,018 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 526,019,704 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 510,139,018 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,880,686 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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