taxes Property Tax Assistance

2016 ISD Summary Worksheet

134/Kimble

134-901/Junction ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 66,311,518 N/A 66,311,518 66,311,518
B. Multi-Family Residences 1,935,760 N/A 1,935,760 1,935,760
C1. Vacant Lots 7,611,603 N/A 7,611,603 7,611,603
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,222,952 N/A 33,222,952 33,222,952
D2. Real Prop Farm & Ranch 3,099,721 N/A 3,099,721 3,099,721
E. Real Prop NonQual Acres 170,594,421 N/A 170,594,421 170,594,421
F1. Commercial Real 36,367,704 N/A 36,367,704 36,367,704
F2. Industrial Real 2,006,190 N/A 2,006,190 2,006,190
G. Oil, Gas, Minerals 54,120 N/A 54,120 54,120
J. Utilities 67,574,940 N/A 67,574,940 67,574,940
L1. Commercial Personal 26,369,734 N/A 26,369,734 26,369,734
L2. Industrial Personal 4,399,220 N/A 4,399,220 4,399,220
M. Other Personal 3,359,780 N/A 3,359,780 3,359,780
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 422,907,663 422,907,663 422,907,663
Less Total Deductions 45,230,513   45,230,513 45,230,513
Total Taxable Value 377,677,150 377,677,150 377,677,150 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
387,305,071 377,677,150 387,305,071 377,677,150


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,627,921 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
387,305,071 377,677,150 387,305,071 377,677,150

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