taxes Property Tax Assistance

2024 ISD Summary Worksheet

La Gloria ISD (all splits)   Jim Wells County  

125-Jim Wells/Jim Wells County

125-906/La Gloria ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 129,715 N/A 129,715 129,715
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 1,924,449 1.0429 1,845,260 1,924,449
D2 - FARM & RANCH IMP 342,781 N/A 342,781 342,781
E - NON-AG LAND AND IMPROVEMENTS 22,457,254 0.9168 24,495,260 22,457,254
F1 - COMMERCIAL REAL 148,181 N/A 148,181 148,181
F2 - INDUSTRIAL REAL 7,921,955 N/A 7,921,955 7,921,955
G - ALL MINERALS 158,340 1.0132 156,277 158,340
J - ALL UTILITIES 17,023,153 0.9724 17,506,328 17,023,153
L1 - COMMERCIAL PERSONAL 25,533 N/A 25,533 25,533
L2 - INDUSTRIAL PERSONAL 532,150 N/A 532,150 532,150
M1 - MOBILE HOMES 454,763 N/A 454,763 454,763
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 51,118,274 0 53,558,203 51,118,274
Less Total Deductions 9,342,550 0 9,342,550 9,342,550
Total Taxable Value 41,775,724 0 44,215,653 41,775,724

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 43,816,762 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 41,775,724 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 43,746,762 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 41,705,724 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 44,986,762 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 45,766,762 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 41,777,220 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 43,816,762 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 41,775,724 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 43,746,762 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 41,705,724 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 44,986,762 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 45,766,762 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 41,777,220 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,041,038 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 70,000 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,170,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 780,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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125-906-02/La Gloria ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 129,715 N/A 129,715 129,715
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 1,924,449 1.0429 1,845,260 1,924,449
D2 - FARM & RANCH IMP 342,781 N/A 342,781 342,781
E - NON-AG LAND AND IMPROVEMENTS 22,457,254 0.9168 24,495,260 22,457,254
F1 - COMMERCIAL REAL 148,181 N/A 148,181 148,181
F2 - INDUSTRIAL REAL 7,921,955 N/A 7,921,955 7,921,955
G - ALL MINERALS 158,340 1.0132 156,277 158,340
J - ALL UTILITIES 17,023,153 0.9724 17,506,328 17,023,153
L1 - COMMERCIAL PERSONAL 25,533 N/A 25,533 25,533
L2 - INDUSTRIAL PERSONAL 532,150 N/A 532,150 532,150
M1 - MOBILE HOMES 454,763 N/A 454,763 454,763
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 51,118,274 53,558,203 51,118,274
Less Total Deductions 9,342,550 9,342,550 9,342,550
Total Taxable Value 41,775,724 44,215,653 41,775,724

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 43,816,762 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 41,775,724 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 43,746,762 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 41,705,724 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 44,986,762 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 45,766,762 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 41,777,220 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 43,816,762 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 41,775,724 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 43,746,762 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 41,705,724 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 44,986,762 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 45,766,762 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 41,777,220 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,041,038 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 70,000 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,170,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 780,000 Loss to the third most recent increase in the state-mandated homestead exemption

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