taxes Property Tax Assistance

2023 ISD Summary Worksheet

134-Kimble/Kimble County

134-901/Junction ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 149,322,493 1.0243 145,780,038 149,322,493
B - MULTIFAMILY 3,739,333 N/A 3,739,333 3,739,333
C1 - VACANT LOTS 10,667,547 N/A 10,667,547 10,667,547
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 36,424,396 0.9400 38,747,984 36,424,396
D2 - FARM & RANCH IMP 8,617,182 N/A 8,617,182 8,617,182
E - NON-AG LAND AND IMPROVEMENTS 430,162,575 0.9452 455,102,174 430,162,575
F1 - COMMERCIAL REAL 54,731,117 0.9695 56,452,931 54,731,117
F2 - INDUSTRIAL REAL 7,309,000 N/A 7,309,000 7,309,000
G - ALL MINERALS 2,100 N/A 2,100 2,100
J - ALL UTILITIES 230,871,060 0.9941 232,241,284 230,871,060
L1 - COMMERCIAL PERSONAL 23,976,900 N/A 23,976,900 23,976,900
L2 - INDUSTRIAL PERSONAL 20,024,650 N/A 20,024,650 20,024,650
M1 - MOBILE HOMES 8,672,440 N/A 8,672,440 8,672,440
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 984,520,793 0 1,011,333,563 984,520,793
Less Total Deductions 194,723,326 0 190,798,758 194,723,326
Total Taxable Value 789,797,467 0 820,534,805 789,797,467

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 833,819,022 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 789,797,467 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 833,819,022 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 789,797,467 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 850,844,022 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 862,194,022 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 805,960,498 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 833,819,022 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 789,797,467 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 833,819,022 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 789,797,467 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 850,844,022 T13 plus the loss to the chapter 313 agreement
T16 862,194,022 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 805,960,498 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 44,021,555 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 17,025,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,350,000 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

134-901-02/Junction ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 149,322,493 1.0243 145,780,038 149,322,493
B - MULTIFAMILY 3,739,333 N/A 3,739,333 3,739,333
C1 - VACANT LOTS 10,667,547 N/A 10,667,547 10,667,547
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 36,424,396 0.9400 38,747,984 36,424,396
D2 - FARM & RANCH IMP 8,617,182 N/A 8,617,182 8,617,182
E - NON-AG LAND AND IMPROVEMENTS 430,162,575 0.9452 455,102,174 430,162,575
F1 - COMMERCIAL REAL 54,731,117 0.9695 56,452,931 54,731,117
F2 - INDUSTRIAL REAL 7,309,000 N/A 7,309,000 7,309,000
G - ALL MINERALS 2,100 N/A 2,100 2,100
J - ALL UTILITIES 230,871,060 0.9941 232,241,284 230,871,060
L1 - COMMERCIAL PERSONAL 23,976,900 N/A 23,976,900 23,976,900
L2 - INDUSTRIAL PERSONAL 20,024,650 N/A 20,024,650 20,024,650
M1 - MOBILE HOMES 8,672,440 N/A 8,672,440 8,672,440
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 984,520,793 1,011,333,563 984,520,793
Less Total Deductions 194,723,326 190,798,758 194,723,326
Total Taxable Value 789,797,467 820,534,805 789,797,467

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 833,819,022 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 789,797,467 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 833,819,022 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 789,797,467 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 850,844,022 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 862,194,022 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 805,960,498 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 833,819,022 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 789,797,467 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 833,819,022 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 789,797,467 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 850,844,022 T13 plus the loss to the chapter 313 agreement
T16 862,194,022 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 805,960,498 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 44,021,555 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 17,025,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,350,000 Loss to Second Previous Homestead Increase