taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

155/Marion

155-901/Jefferson ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 295,467,130 .9678 305,297,716 295,467,130
B. Multi-Family Residences 1,616,440 N/A 1,616,440 1,616,440
C1. Vacant Lots 26,564,270 N/A 26,564,270 26,564,270
C2. Colonia Lots 8,501,190 N/A 8,501,190 8,501,190
D1. Rural Real(Taxable) 40,151,190 1.0633 37,762,185 40,151,190
D2. Real Prop Farm & Ranch 13,319,180 N/A 13,319,180 13,319,180
E. Real Prop NonQual Acres 61,532,900 1.1280 54,550,443 61,532,900
F1. Commercial Real 48,862,650 .8583 56,929,570 48,862,650
F2. Industrial Real 104,673,580 N/A 104,673,580 104,673,580
G. Oil, Gas, Minerals 40,640,180 1.0129 40,122,598 40,640,180
J. Utilities 49,846,220 1.0329 48,258,515 49,846,220
L1. Commercial Personal 11,665,610 N/A 11,665,610 11,665,610
L2. Industrial Personal 35,869,510 N/A 35,869,510 35,869,510
M. Other Personal 10,108,570 N/A 10,108,570 10,108,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 126,280 N/A 126,280 126,280
S. Special Inventory 1,468,090 N/A 1,468,090 1,468,090
Subtotal 750,412,990 756,833,747 750,412,990
Less Total Deductions 115,141,084   118,980,155 115,141,084
Total Taxable Value 635,271,906 637,853,592 635,271,906 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
662,388,846 635,271,906 651,107,681 623,990,741 637,971,944 626,690,779


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,116,940 11,281,165


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
662,388,846 635,271,906 651,107,681 623,990,741 637,971,944 626,690,779

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