taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

155/Marion

155-901/Jefferson ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 296,313,280 N/A 296,313,280 296,313,280
B. Multi-Family Residences 1,612,020 N/A 1,612,020 1,612,020
C1. Vacant Lots 25,344,640 N/A 25,344,640 25,344,640
C2. Colonia Lots 9,562,780 N/A 9,562,780 9,562,780
D1. Rural Real(Taxable) 39,508,690 N/A 39,508,690 39,508,690
D2. Real Prop Farm & Ranch 11,533,740 N/A 11,533,740 11,533,740
E. Real Prop NonQual Acres 77,398,860 N/A 77,398,860 77,398,860
F1. Commercial Real 52,139,330 N/A 52,139,330 52,139,330
F2. Industrial Real 107,617,460 N/A 107,617,460 107,617,460
G. Oil, Gas, Minerals 24,601,030 N/A 24,601,030 24,601,030
J. Utilities 52,800,010 N/A 52,800,010 52,800,010
L1. Commercial Personal 12,810,140 N/A 12,810,140 12,810,140
L2. Industrial Personal 40,942,580 N/A 40,942,580 40,942,580
M. Other Personal 10,094,050 N/A 10,094,050 10,094,050
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 126,280 N/A 126,280 126,280
S. Special Inventory 1,537,650 N/A 1,537,650 1,537,650
Subtotal 763,942,540 763,942,540 763,942,540
Less Total Deductions 139,581,596   139,581,596 139,581,596
Total Taxable Value 624,360,944 624,360,944 624,360,944 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
647,269,424 624,360,944 636,940,964 614,032,484


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,908,480 10,328,460


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
647,269,424 624,360,944 636,940,964 614,032,484

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