taxes Property Tax Assistance

2016 ISD Summary Worksheet

155/Marion

155-901/Jefferson ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 290,887,320 .9702 299,822,016 290,887,320
B. Multi-Family Residences 1,576,270 N/A 1,576,270 1,576,270
C1. Vacant Lots 30,705,310 N/A 30,705,310 30,705,310
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,911,960 .9468 44,266,976 41,911,960
D2. Real Prop Farm & Ranch 12,438,050 N/A 12,438,050 12,438,050
E. Real Prop NonQual Acres 77,886,420 .9886 78,784,564 77,886,420
F1. Commercial Real 48,579,000 .9286 52,314,236 48,579,000
F2. Industrial Real 112,168,320 N/A 112,168,320 112,168,320
G. Oil, Gas, Minerals 13,657,850 N/A 13,657,850 13,657,850
J. Utilities 56,837,570 1.1337 50,134,577 56,837,570
L1. Commercial Personal 11,517,690 N/A 11,517,690 11,517,690
L2. Industrial Personal 40,909,680 N/A 40,909,680 40,909,680
M. Other Personal 9,764,380 N/A 9,764,380 9,764,380
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 124,580 N/A 124,580 124,580
S. Special Inventory 1,197,800 N/A 1,197,800 1,197,800
Subtotal 750,162,200 759,382,299 750,162,200
Less Total Deductions 137,694,606   141,049,840 137,694,606
Total Taxable Value 612,467,594 618,332,459 612,467,594 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
634,885,944 612,467,594 624,598,159 602,179,809


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,418,350 10,287,785


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
634,885,944 612,467,594 624,598,159 602,179,809

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