taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

123/Jefferson

123-913/Sabine Pass ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 15,056,310 .9385 16,042,952 15,056,310
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 7,219,209 N/A 7,219,209 7,219,209
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,147,380 1.3503 3,071,346 4,147,380
D2. Real Prop Farm & Ranch 24,660 N/A 24,660 24,660
E. Real Prop NonQual Acres 12,201,398 .9184 13,285,494 12,201,398
F1. Commercial Real 8,354,340 .9889 8,448,114 8,354,340
F2. Industrial Real 853,839,603 N/A 853,839,603 853,839,603
G. Oil, Gas, Minerals 63,279,614 1.0325 61,287,762 63,279,614
J. Utilities 28,823,100 .8606 33,491,866 28,823,100
L1. Commercial Personal 10,921,190 .9861 11,075,134 10,921,190
L2. Industrial Personal 195,177,840 N/A 195,177,840 195,177,840
M. Other Personal 291,960 N/A 291,960 291,960
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 1,199,336,604 1,203,255,940 1,199,336,604
Less Total Deductions 549,438,873   549,743,509 549,438,873
Total Taxable Value 649,897,731 653,512,431 649,897,731 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
650,937,521 649,897,731 650,006,110 648,966,320 649,957,012 649,025,601


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,039,790 931,411


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
1,139,184,051 1,138,144,261 1,138,252,640 1,137,212,850 1,138,203,542 1,137,272,131

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