taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

132/Kent

132-902/Jayton-Girard ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 8,631,590 N/A 8,631,590 8,631,590
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 366,020 N/A 366,020 366,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,154,590 .8596 25,773,290 22,154,590
D2. Real Prop Farm & Ranch 474,720 N/A 474,720 474,720
E. Real Prop NonQual Acres 12,250,470 N/A 12,250,470 12,250,470
F1. Commercial Real 1,179,500 N/A 1,179,500 1,179,500
F2. Industrial Real 11,462,800 N/A 11,462,800 11,462,800
G. Oil, Gas, Minerals 708,666,660 1.0419 680,167,636 708,666,660
J. Utilities 45,308,010 N/A 45,308,010 45,308,010
L1. Commercial Personal 1,127,830 N/A 1,127,830 1,127,830
L2. Industrial Personal 1,563,500 N/A 1,563,500 1,563,500
M. Other Personal 196,600 N/A 196,600 196,600
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 813,382,290 788,501,966 813,382,290
Less Total Deductions 7,872,605   7,872,605 7,872,605
Total Taxable Value 805,509,685 780,629,361 805,509,685 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
807,347,325 805,509,685 806,589,180 804,751,540 805,509,685 804,751,540


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,837,640 758,145


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
807,347,325 805,509,685 806,589,180 804,751,540 805,509,685 804,751,540

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