taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

123/Jefferson

123-907/Port Arthur ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 889,115,647 1.0074 882,584,522 889,115,647
B. Multi-Family Residences 107,879,200 N/A 107,879,200 107,879,200
C1. Vacant Lots 39,242,655 N/A 39,242,655 39,242,655
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 357,690 1.5257 234,445 357,690
D2. Real Prop Farm & Ranch 77,080 N/A 77,080 77,080
E. Real Prop NonQual Acres 61,626,906 N/A 61,626,906 61,626,906
F1. Commercial Real 433,739,232 1.0125 428,384,427 433,739,232
F2. Industrial Real 7,221,251,223 N/A 7,221,251,223 7,221,251,223
G. Oil, Gas, Minerals 20,375,296 N/A 20,375,296 20,375,296
J. Utilities 127,150,790 N/A 127,150,790 127,150,790
L1. Commercial Personal 228,278,940 1.0035 227,482,750 228,278,940
L2. Industrial Personal 377,645,530 N/A 377,645,530 377,645,530
M. Other Personal 400,440 N/A 400,440 400,440
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,085,430 N/A 3,085,430 3,085,430
S. Special Inventory 2,967,820 N/A 2,967,820 2,967,820
Subtotal 9,513,193,879 9,500,388,514 9,513,193,879
Less Total Deductions 5,501,529,013   5,499,394,594 5,501,529,013
Total Taxable Value 4,011,664,866 4,000,993,920 4,011,664,866 T2

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
4,117,696,916 4,011,664,866 4,117,696,916 4,011,664,866 4,016,224,372 4,016,224,372


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
106,032,050 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
8,272,667,566 8,166,635,516 8,272,667,566 8,166,635,516 8,171,195,022 8,171,195,022

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 to be valid, and local value was certified