taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

037/Cherokee

037-904/Jacksonville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 485,466,699 .9763 497,251,561 485,466,699
B. Multi-Family Residences 20,036,660 N/A 20,036,660 20,036,660
C1. Vacant Lots 24,041,510 N/A 24,041,510 24,041,510
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,445,149 .9256 13,445,303 12,445,149
D2. Real Prop Farm & Ranch 5,454,400 N/A 5,454,400 5,454,400
E. Real Prop NonQual Acres 220,032,098 1.0309 213,436,898 220,032,098
F1. Commercial Real 133,561,356 .9406 141,995,913 133,561,356
F2. Industrial Real 25,514,850 N/A 25,514,850 25,514,850
G. Oil, Gas, Minerals 14,060,743 N/A 14,060,743 14,060,743
J. Utilities 106,636,340 .9390 113,563,727 106,636,340
L1. Commercial Personal 65,052,720 .9439 68,919,080 65,052,720
L2. Industrial Personal 73,998,940 N/A 73,998,940 73,998,940
M. Other Personal 8,367,070 N/A 8,367,070 8,367,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 109,720 N/A 109,720 109,720
S. Special Inventory 2,096,910 N/A 2,096,910 2,096,910
Subtotal 1,196,875,165 1,222,293,285 1,196,875,165
Less Total Deductions 206,089,348   211,198,383 206,089,348
Total Taxable Value 990,785,817 1,011,094,902 990,785,817 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,034,287,875 990,785,817 1,034,287,875 990,785,817


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,502,058 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,034,287,875 990,785,817 1,034,287,875 990,785,817

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

The PVS found your local value to be valid, and local value was certified