taxes Property Tax Assistance

2016 ISD Summary Worksheet

124/Jim Hogg

124-901/Jim Hogg County ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 87,800,890 .7960 110,302,626 110,302,626
B. Multi-Family Residences 1,807,940 N/A 1,807,940 1,807,940
C1. Vacant Lots 2,758,810 N/A 2,758,810 2,758,810
C2. Colonia Lots 1,393,220 N/A 1,393,220 1,393,220
D1. Rural Real(Taxable) 47,141,050 .7978 59,088,954 59,088,954
D2. Real Prop Farm & Ranch 14,173,360 N/A 14,173,360 14,173,360
E. Real Prop NonQual Acres 14,440,910 N/A 14,440,910 14,440,910
F1. Commercial Real 20,284,740 .9173 22,113,529 22,113,529
F2. Industrial Real 137,624,390 N/A 137,624,390 137,624,390
G. Oil, Gas, Minerals 29,083,940 1.0050 28,939,244 28,939,244
J. Utilities 55,867,330 .9672 57,761,921 57,761,921
L1. Commercial Personal 8,328,190 N/A 8,328,190 8,328,190
L2. Industrial Personal 19,570,970 N/A 19,570,970 19,570,970
M. Other Personal 225,300 N/A 225,300 225,300
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 440,501,040 478,529,364 478,529,364
Less Total Deductions 134,229,469   138,657,652 138,657,652
Total Taxable Value 306,271,571 339,871,712 339,871,712 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
348,527,092 339,871,712 345,521,092 336,865,712


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,655,380 3,006,000


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
448,027,092 439,371,712 445,021,092 436,365,712

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 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)