taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

126/Johnson

126-905/Joshua ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 862,016,601 N/A 862,016,601 862,016,601
B. Multi-Family Residences 17,531,866 N/A 17,531,866 17,531,866
C1. Vacant Lots 41,423,175 N/A 41,423,175 41,423,175
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,653,471 N/A 2,653,471 2,653,471
D2. Real Prop Farm & Ranch 4,408,097 N/A 4,408,097 4,408,097
E. Real Prop NonQual Acres 143,251,716 N/A 143,251,716 143,251,716
F1. Commercial Real 81,285,654 N/A 81,285,654 81,285,654
F2. Industrial Real 12,518,038 N/A 12,518,038 12,518,038
G. Oil, Gas, Minerals 161,448,640 N/A 161,448,640 161,448,640
J. Utilities 81,274,788 N/A 81,274,788 81,274,788
L1. Commercial Personal 50,820,275 N/A 50,820,275 50,820,275
L2. Industrial Personal 31,258,233 N/A 31,258,233 31,258,233
M. Other Personal 16,752,340 N/A 16,752,340 16,752,340
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 6,127,237 N/A 6,127,237 6,127,237
S. Special Inventory 3,452,838 N/A 3,452,838 3,452,838
Subtotal 1,516,222,969 1,516,222,969 1,516,222,969
Less Total Deductions 154,214,735   154,214,735 154,214,735
Total Taxable Value 1,362,008,234 1,362,008,234 1,362,008,234 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
1,417,826,337 1,362,008,234 1,417,826,337 1,362,008,234 1,371,774,290 1,371,774,290


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
55,818,103 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
1,417,826,337 1,362,008,234 1,417,826,337 1,362,008,234 1,371,774,290 1,371,774,290

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