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2023 ISD Summary Worksheet
126-Johnson/Johnson County
126-908/Venus ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 795,311,510 | 0.9907 | 802,777,339 | 795,311,510 |
| B - MULTIFAMILY | 7,460,450 | N/A | 7,460,450 | 7,460,450 |
| C1 - VACANT LOTS | 21,435,779 | N/A | 21,435,779 | 21,435,779 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 2,794,806 | 1.3088 | 2,135,327 | 2,794,806 |
| D2 - FARM & RANCH IMP | 1,148,892 | N/A | 1,148,892 | 1,148,892 |
| E - NON-AG LAND AND IMPROVEMENTS | 128,584,036 | 1.0620 | 121,077,247 | 128,584,036 |
| F1 - COMMERCIAL REAL | 26,103,211 | N/A | 26,103,211 | 26,103,211 |
| F2 - INDUSTRIAL REAL | 3,831,051 | N/A | 3,831,051 | 3,831,051 |
| G - ALL MINERALS | 36,272,052 | N/A | 36,272,052 | 36,272,052 |
| J - ALL UTILITIES | 27,484,552 | N/A | 27,484,552 | 27,484,552 |
| L1 - COMMERCIAL PERSONAL | 11,765,529 | N/A | 11,765,529 | 11,765,529 |
| L2 - INDUSTRIAL PERSONAL | 2,695,186 | N/A | 2,695,186 | 2,695,186 |
| M1 - MOBILE HOMES | 11,789,241 | N/A | 11,789,241 | 11,789,241 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 9,345,303 | N/A | 9,345,303 | 9,345,303 |
| S - SPECIAL INVENTORY | 331,263 | N/A | 331,263 | 331,263 |
| Subtotal | 1,086,352,861 | 0 | 1,085,652,422 | 1,086,352,861 |
| Less Total Deductions | 385,838,689 | 0 | 388,211,738 | 385,838,689 |
| Total Taxable Value | 700,514,172 | 0 | 697,440,684 | 700,514,172 |
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 | 795,070,889 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 700,514,172 | 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 | 795,070,889 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 700,514,172 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 830,635,889 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 854,345,889 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 712,227,054 | 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 | 795,070,889 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 700,514,172 | 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 | 795,070,889 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 700,514,172 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 830,635,889 | T13 plus the loss to the chapter 313 agreement |
| T16 | 854,345,889 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 712,227,054 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 94,556,717 | 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 | 35,565,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 23,710,000 | Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED
126-908-02/Venus ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 795,311,510 | 0.9907 | 802,777,339 | 795,311,510 |
| B - MULTIFAMILY | 7,460,450 | N/A | 7,460,450 | 7,460,450 |
| C1 - VACANT LOTS | 21,435,779 | N/A | 21,435,779 | 21,435,779 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 2,794,806 | 1.3088 | 2,135,327 | 2,794,806 |
| D2 - FARM & RANCH IMP | 1,148,892 | N/A | 1,148,892 | 1,148,892 |
| E - NON-AG LAND AND IMPROVEMENTS | 128,584,036 | 1.0620 | 121,077,247 | 128,584,036 |
| F1 - COMMERCIAL REAL | 26,103,211 | N/A | 26,103,211 | 26,103,211 |
| F2 - INDUSTRIAL REAL | 3,831,051 | N/A | 3,831,051 | 3,831,051 |
| G - ALL MINERALS | 36,272,052 | N/A | 36,272,052 | 36,272,052 |
| J - ALL UTILITIES | 27,484,552 | N/A | 27,484,552 | 27,484,552 |
| L1 - COMMERCIAL PERSONAL | 11,765,529 | N/A | 11,765,529 | 11,765,529 |
| L2 - INDUSTRIAL PERSONAL | 2,695,186 | N/A | 2,695,186 | 2,695,186 |
| M1 - MOBILE HOMES | 11,789,241 | N/A | 11,789,241 | 11,789,241 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 9,345,303 | N/A | 9,345,303 | 9,345,303 |
| S - SPECIAL INVENTORY | 331,263 | N/A | 331,263 | 331,263 |
| Subtotal | 1,086,352,861 | 1,085,652,422 | 1,086,352,861 | |
| Less Total Deductions | 385,838,689 | 388,211,738 | 385,838,689 | |
| Total Taxable Value | 700,514,172 | 697,440,684 | 700,514,172 |
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 | 795,070,889 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 700,514,172 | 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 | 795,070,889 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 700,514,172 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 830,635,889 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 854,345,889 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 712,227,054 | 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 | 795,070,889 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 700,514,172 | 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 | 795,070,889 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 700,514,172 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 830,635,889 | T13 plus the loss to the chapter 313 agreement |
| T16 | 854,345,889 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 712,227,054 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 94,556,717 | 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 | 35,565,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 23,710,000 | Loss to Second Previous Homestead Increase |