taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

121/Jasper

121-903/Buna ISD

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


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 122,866,858 .9076 135,375,560 122,866,858
B. Multi-Family Residences 2,548,656 N/A 2,548,656 2,548,656
C1. Vacant Lots 4,976,459 N/A 4,976,459 4,976,459
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,873,189 1.0812 17,455,787 18,873,189
D2. Real Prop Farm & Ranch 2,286,180 N/A 2,286,180 2,286,180
E. Real Prop NonQual Acres 126,186,238 .8293 152,159,940 126,186,238
F1. Commercial Real 17,254,339 N/A 17,254,339 17,254,339
F2. Industrial Real 7,473,917 N/A 7,473,917 7,473,917
G. Oil, Gas, Minerals 21,148,663 .9887 21,390,374 21,148,663
J. Utilities 42,232,988 1.0072 41,931,084 42,232,988
L1. Commercial Personal 8,061,867 N/A 8,061,867 8,061,867
L2. Industrial Personal 11,565,715 N/A 11,565,715 11,565,715
M. Other Personal 11,755,255 N/A 11,755,255 11,755,255
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 40,710 N/A 40,710 40,710
S. Special Inventory 387,355 N/A 387,355 387,355
Subtotal 397,658,389 434,663,198 397,658,389
Less Total Deductions 77,538,445   85,601,580 77,538,445
Total Taxable Value 320,119,944 349,061,618 320,119,944 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
340,840,727 320,119,944 340,840,727 320,119,944 321,857,327 321,857,327


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,720,783 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
340,840,727 320,119,944 340,840,727 320,119,944 321,857,327 321,857,327

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.