taxes Property Tax Assistance

2023 ISD Summary Worksheet

125-Jim Wells/Jim Wells County

125-903/Orange Grove ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 78,594,597 0.7937 99,023,053 99,023,053
B - MULTIFAMILY 1,953,449 N/A 1,953,449 1,953,449
C1 - VACANT LOTS 2,709,125 N/A 2,709,125 2,709,125
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,085,100 1.2280 15,541,208 15,541,208
D2 - FARM & RANCH IMP 5,334,189 N/A 5,334,189 5,334,189
E - NON-AG LAND AND IMPROVEMENTS 319,110,042 0.5773 552,762,934 552,762,934
F1 - COMMERCIAL REAL 16,445,267 N/A 16,445,267 16,445,267
F2 - INDUSTRIAL REAL 3,376,561 N/A 3,376,561 3,376,561
G - ALL MINERALS 159,210 N/A 159,210 159,210
J - ALL UTILITIES 60,666,083 1.0546 57,525,207 57,525,207
L1 - COMMERCIAL PERSONAL 8,643,500 N/A 8,643,500 8,643,500
L2 - INDUSTRIAL PERSONAL 16,613,850 N/A 16,613,850 16,613,850
M1 - MOBILE HOMES 11,875,265 N/A 11,875,265 11,875,265
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 544,566,238 0 791,962,818 791,962,818
Less Total Deductions 136,788,893 0 157,109,067 157,109,067
Total Taxable Value 407,777,345 0 634,853,751 634,853,751

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

Measure Value Description
T1 681,760,648 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 634,853,751 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 681,760,648 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 634,853,751 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 706,690,648 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 723,310,648 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 645,572,666 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 681,760,648 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 634,853,751 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 681,760,648 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 634,853,751 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 706,690,648 T13 plus the loss to the chapter 313 agreement
T16 723,310,648 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 645,572,666 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 46,906,897 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 24,930,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 16,620,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE APPRAISAL DISTRICT FAILED THEIR MOST RECENT MAP, YOUR SCHOOL DISTRICT'S VALUES ARE BELOW THE 90% CUTOFF, AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

125-903-02/Orange Grove ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 78,594,597 0.7937 99,023,053 99,023,053
B - MULTIFAMILY 1,953,449 N/A 1,953,449 1,953,449
C1 - VACANT LOTS 2,709,125 N/A 2,709,125 2,709,125
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,085,100 1.2280 15,541,208 15,541,208
D2 - FARM & RANCH IMP 5,334,189 N/A 5,334,189 5,334,189
E - NON-AG LAND AND IMPROVEMENTS 319,110,042 0.5773 552,762,934 552,762,934
F1 - COMMERCIAL REAL 16,445,267 N/A 16,445,267 16,445,267
F2 - INDUSTRIAL REAL 3,376,561 N/A 3,376,561 3,376,561
G - ALL MINERALS 159,210 N/A 159,210 159,210
J - ALL UTILITIES 60,666,083 1.0546 57,525,207 57,525,207
L1 - COMMERCIAL PERSONAL 8,643,500 N/A 8,643,500 8,643,500
L2 - INDUSTRIAL PERSONAL 16,613,850 N/A 16,613,850 16,613,850
M1 - MOBILE HOMES 11,875,265 N/A 11,875,265 11,875,265
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 544,566,238 791,962,818 791,962,818
Less Total Deductions 136,788,893 157,109,067 157,109,067
Total Taxable Value 407,777,345 634,853,751 634,853,751

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

Measure Value Description
T1 681,760,648 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 634,853,751 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 681,760,648 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 634,853,751 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 706,690,648 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 723,310,648 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 645,572,666 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 681,760,648 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 634,853,751 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 681,760,648 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 634,853,751 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 706,690,648 T13 plus the loss to the chapter 313 agreement
T16 723,310,648 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 645,572,666 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 46,906,897 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 24,930,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 16,620,000 Loss to Second Previous Homestead Increase