taxes Property Tax Assistance

2024 ISD Summary Worksheet

Venus ISD (all splits)   Johnson County  

126-Johnson/Johnson County

126-908/Venus ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 857,920,041 N/A 857,920,041 857,920,041
B - MULTIFAMILY 8,135,045 N/A 8,135,045 8,135,045
C1 - VACANT LOTS 18,793,017 N/A 18,793,017 18,793,017
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,645,595 N/A 2,645,595 2,645,595
D2 - FARM & RANCH IMP 1,227,310 N/A 1,227,310 1,227,310
E - NON-AG LAND AND IMPROVEMENTS 146,048,730 N/A 146,048,730 146,048,730
F1 - COMMERCIAL REAL 28,671,195 N/A 28,671,195 28,671,195
F2 - INDUSTRIAL REAL 3,563,083 N/A 3,563,083 3,563,083
G - ALL MINERALS 16,665,076 N/A 16,665,076 16,665,076
J - ALL UTILITIES 30,474,539 N/A 30,474,539 30,474,539
L1 - COMMERCIAL PERSONAL 19,793,451 N/A 19,793,451 19,793,451
L2 - INDUSTRIAL PERSONAL 2,576,171 N/A 2,576,171 2,576,171
M1 - MOBILE HOMES 11,132,930 N/A 11,132,930 11,132,930
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 9,968,129 N/A 9,968,129 9,968,129
S - SPECIAL INVENTORY 399,837 N/A 399,837 399,837
Subtotal 1,158,014,149 0 1,158,014,149 1,158,014,149
Less Total Deductions 409,857,222 0 409,857,222 409,857,222
Total Taxable Value 748,156,927 0 748,156,927 748,156,927

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 854,990,234 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 748,156,927 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 854,990,234 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 748,156,927 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 892,670,234 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 917,790,234 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 754,000,274 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 854,990,234 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 748,156,927 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 854,990,234 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 748,156,927 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 892,670,234 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 917,790,234 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 754,000,274 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 106,833,307 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 37,680,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 25,120,000 Loss to the third 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 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 857,920,041 N/A 857,920,041 857,920,041
B - MULTIFAMILY 8,135,045 N/A 8,135,045 8,135,045
C1 - VACANT LOTS 18,793,017 N/A 18,793,017 18,793,017
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,645,595 N/A 2,645,595 2,645,595
D2 - FARM & RANCH IMP 1,227,310 N/A 1,227,310 1,227,310
E - NON-AG LAND AND IMPROVEMENTS 146,048,730 N/A 146,048,730 146,048,730
F1 - COMMERCIAL REAL 28,671,195 N/A 28,671,195 28,671,195
F2 - INDUSTRIAL REAL 3,563,083 N/A 3,563,083 3,563,083
G - ALL MINERALS 16,665,076 N/A 16,665,076 16,665,076
J - ALL UTILITIES 30,474,539 N/A 30,474,539 30,474,539
L1 - COMMERCIAL PERSONAL 19,793,451 N/A 19,793,451 19,793,451
L2 - INDUSTRIAL PERSONAL 2,576,171 N/A 2,576,171 2,576,171
M1 - MOBILE HOMES 11,132,930 N/A 11,132,930 11,132,930
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 9,968,129 N/A 9,968,129 9,968,129
S - SPECIAL INVENTORY 399,837 N/A 399,837 399,837
Subtotal 1,158,014,149 1,158,014,149 1,158,014,149
Less Total Deductions 409,857,222 409,857,222 409,857,222
Total Taxable Value 748,156,927 748,156,927 748,156,927

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 854,990,234 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 748,156,927 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 854,990,234 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 748,156,927 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 892,670,234 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 917,790,234 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 754,000,274 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 854,990,234 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 748,156,927 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 854,990,234 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 748,156,927 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 892,670,234 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 917,790,234 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 754,000,274 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 106,833,307 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 37,680,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 25,120,000 Loss to the third most recent increase in the state-mandated homestead exemption

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