taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

121/Jasper

121-904/Jasper ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 363,583,889 .8847 410,968,564 410,968,564
B. Multi-Family Residences 16,044,420 N/A 16,044,420 16,044,420
C1. Vacant Lots 18,670,571 N/A 18,670,571 18,670,571
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 27,136,136 1.0746 25,252,454 25,252,454
D2. Real Prop Farm & Ranch 3,267,407 N/A 3,267,407 3,267,407
E. Real Prop NonQual Acres 104,928,384 .8826 118,885,547 118,885,547
F1. Commercial Real 122,307,021 .9101 134,388,552 134,388,552
F2. Industrial Real 40,305,639 N/A 40,305,639 40,305,639
G. Oil, Gas, Minerals 286,570,302 1.0375 276,212,339 276,212,339
J. Utilities 42,641,168 .9836 43,352,143 43,352,143
L1. Commercial Personal 43,762,727 1.0022 43,666,660 43,666,660
L2. Industrial Personal 35,471,893 N/A 35,471,893 35,471,893
M. Other Personal 12,786,386 N/A 12,786,386 12,786,386
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 145,240 N/A 145,240 145,240
S. Special Inventory 3,891,503 N/A 3,891,503 3,891,503
Subtotal 1,121,512,686 1,183,309,318 1,183,309,318
Less Total Deductions 157,424,127   179,150,136 179,150,136
Total Taxable Value 964,088,559 1,004,159,182 1,004,159,182 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
1,041,641,816 1,004,159,182 1,041,641,816 1,004,159,182 1,004,159,182 1,004,159,182


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
37,482,634 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
1,041,641,816 1,004,159,182 1,041,641,816 1,004,159,182 1,004,159,182 1,004,159,182

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)