taxes Property Tax Assistance

2022 ISD Summary Worksheet

Venus ISD (all splits)   Johnson County  

126-Johnson/Johnson County

126-908/Venus ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 656,457,644 0.9768 672,049,185 656,457,644
B - MULTIFAMILY 7,149,020 N/A 7,149,020 7,149,020
C1 - VACANT LOTS 17,626,969 N/A 17,626,969 17,626,969
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,542,510 1.1376 2,235,065 2,542,510
D2 - FARM & RANCH IMP 900,947 N/A 900,947 900,947
E - NON-AG LAND AND IMPROVEMENTS 122,642,684 0.9445 129,849,321 122,642,684
F1 - COMMERCIAL REAL 17,709,226 N/A 17,709,226 17,709,226
F2 - INDUSTRIAL REAL 2,629,441 N/A 2,629,441 2,629,441
G - ALL MINERALS 18,322,207 N/A 18,322,207 18,322,207
J - ALL UTILITIES 24,062,960 N/A 24,062,960 24,062,960
L1 - COMMERCIAL PERSONAL 9,881,734 N/A 9,881,734 9,881,734
L2 - INDUSTRIAL PERSONAL 2,444,920 N/A 2,444,920 2,444,920
M1 - MOBILE HOMES 9,369,137 N/A 9,369,137 9,369,137
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 9,178,776 N/A 9,178,776 9,178,776
S - SPECIAL INVENTORY 270,399 N/A 270,399 270,399
Subtotal 901,188,574 0 923,679,307 901,188,574
Less Total Deductions 239,144,988 0 244,099,957 239,144,988
Total Taxable Value 662,043,586 0 679,579,350 662,043,586

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 684,886,714 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 662,043,586 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 684,886,714 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 662,043,586 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 707,026,714 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 684,886,714 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 662,043,586 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 684,886,714 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 662,043,586 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 707,026,714 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 22,843,128 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
LOSS_PREV_INCR_HMSTD 22,140,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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126-908-02/Venus ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 656,457,644 0.9768 672,049,185 656,457,644
B - MULTIFAMILY 7,149,020 N/A 7,149,020 7,149,020
C1 - VACANT LOTS 17,626,969 N/A 17,626,969 17,626,969
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,542,510 1.1376 2,235,065 2,542,510
D2 - FARM & RANCH IMP 900,947 N/A 900,947 900,947
E - NON-AG LAND AND IMPROVEMENTS 122,642,684 0.9445 129,849,321 122,642,684
F1 - COMMERCIAL REAL 17,709,226 N/A 17,709,226 17,709,226
F2 - INDUSTRIAL REAL 2,629,441 N/A 2,629,441 2,629,441
G - ALL MINERALS 18,322,207 N/A 18,322,207 18,322,207
J - ALL UTILITIES 24,062,960 N/A 24,062,960 24,062,960
L1 - COMMERCIAL PERSONAL 9,881,734 N/A 9,881,734 9,881,734
L2 - INDUSTRIAL PERSONAL 2,444,920 N/A 2,444,920 2,444,920
M1 - MOBILE HOMES 9,369,137 N/A 9,369,137 9,369,137
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 9,178,776 N/A 9,178,776 9,178,776
S - SPECIAL INVENTORY 270,399 N/A 270,399 270,399
Subtotal 901,188,574 923,679,307 901,188,574
Less Total Deductions 239,144,988 244,099,957 239,144,988
Total Taxable Value 662,043,586 679,579,350 662,043,586

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 684,886,714 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 662,043,586 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 684,886,714 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 662,043,586 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 707,026,714 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 684,886,714 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 662,043,586 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 684,886,714 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 662,043,586 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 707,026,714 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 22,843,128 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
LOSS_PREV_INCR_HMSTD 22,140,000 Loss to the second most recent increase in the state-mandated homestead exemption

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