taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

121/Jasper

121-904/Jasper ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 339,006,502 .9030 375,422,483 339,006,502
B. Multi-Family Residences 14,420,908 N/A 14,420,908 14,420,908
C. Vacant Lots 17,866,376 N/A 17,866,376 17,866,376
D. Rural Real(Taxable) 114,739,436 .8584 133,667,677 114,739,436
F1. Commercial Real 110,129,952 .8406 131,013,505 110,129,952
F2. Industrial Real 39,548,551 N/A 39,548,551 39,548,551
G. Oil, Gas, Minerals 65,196,546 .9908 65,801,924 65,196,546
J. Utilities 43,923,971 1.0919 40,227,100 43,923,971
L1. Commercial Personal 41,551,699 1.0172 40,849,095 41,551,699
L2. Industrial Personal 37,058,806 N/A 37,058,806 37,058,806
M. Other Personal 11,409,098 N/A 11,409,098 11,409,098
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 193,420 N/A 193,420 193,420
S. Special Inventory 3,470,275 N/A 3,470,275 3,470,275
Subtotal 838,515,540 910,949,218 838,515,540
Less Total Deductions 149,719,586   165,470,332 149,719,586
Total Taxable Value 688,795,954 745,478,886 688,795,954 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 92,511,394 .8369 110,540,559
Prod Value Qualified Acres 22,228,042 .9611 23,127,118
Taxable Value 114,739,436   133,667,677

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
727,035,291 688,795,954 727,035,291 688,795,954 691,591,178 691,591,178


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
38,239,337 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
727,035,291 688,795,954 727,035,291 688,795,954 691,591,178 691,591,178

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value invalid, but local value was certified because your school district is in year one of the grace period.