taxes Property Tax Assistance

2021 ISD Summary Worksheet

125-Jim Wells /Jim Wells County

125-906/La Gloria ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 128,388 N/A 128,388 128,388
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 1,836,483 N/A 1,836,483 1,836,483
D2 - FARM & RANCH IMP 337,876 N/A 337,876 337,876
E - NON-AG LAND AND IMPROVEMENTS 15,437,988 N/A 15,437,988 15,437,988
F1 - COMMERCIAL REAL 132,690 N/A 132,690 132,690
F2 - INDUSTRIAL REAL 10,331,559 N/A 10,331,559 10,331,559
G - ALL MINERALS 562,800 N/A 562,800 562,800
J - ALL UTILITIES 14,821,936 N/A 14,821,936 14,821,936
L1 - COMMERCIAL PERSONAL 40,115 N/A 40,115 40,115
L2 - INDUSTRIAL PERSONAL 2,884,890 N/A 2,884,890 2,884,890
M1 - MOBILE HOMES 472,437 N/A 472,437 472,437
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 46,987,162 0 46,987,162 46,987,162
Less Total Deductions 3,063,951 0 3,063,951 3,063,951
Total Taxable Value 43,923,211 0 43,923,211 43,923,211

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
44,508,241 43,923,211 44,351,249 43,766,219


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
585,030 156,992


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
44,508,241 43,923,211 44,351,249 43,766,219

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 128,388 N/A 128,388 128,388
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 1,836,483 N/A 1,836,483 1,836,483
D2 - FARM & RANCH IMP 337,876 N/A 337,876 337,876
E - NON-AG LAND AND IMPROVEMENTS 15,437,988 N/A 15,437,988 15,437,988
F1 - COMMERCIAL REAL 132,690 N/A 132,690 132,690
F2 - INDUSTRIAL REAL 10,331,559 N/A 10,331,559 10,331,559
G - ALL MINERALS 562,800 N/A 562,800 562,800
J - ALL UTILITIES 14,821,936 N/A 14,821,936 14,821,936
L1 - COMMERCIAL PERSONAL 40,115 N/A 40,115 40,115
L2 - INDUSTRIAL PERSONAL 2,884,890 N/A 2,884,890 2,884,890
M1 - MOBILE HOMES 472,437 N/A 472,437 472,437
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 46,987,162 46,987,162 46,987,162
Less Total Deductions 3,063,951 3,063,951 3,063,951
Total Taxable Value 43,923,211 43,923,211 43,923,211

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
44,508,241 43,923,211 44,351,249 43,766,219


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
585,030 156,992


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
44,508,241 43,923,211 44,351,249 43,766,219

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