taxes Property Tax Assistance

2016 ISD Summary Worksheet

037/Cherokee

037-904/Jacksonville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 504,227,225 N/A 504,227,225 504,227,225
B. Multi-Family Residences 20,098,800 N/A 20,098,800 20,098,800
C1. Vacant Lots 23,407,155 N/A 23,407,155 23,407,155
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,440,787 N/A 13,440,787 13,440,787
D2. Real Prop Farm & Ranch 5,513,350 N/A 5,513,350 5,513,350
E. Real Prop NonQual Acres 234,324,079 N/A 234,324,079 234,324,079
F1. Commercial Real 132,058,961 N/A 132,058,961 132,058,961
F2. Industrial Real 25,034,310 N/A 25,034,310 25,034,310
G. Oil, Gas, Minerals 7,721,325 N/A 7,721,325 7,721,325
J. Utilities 99,708,850 N/A 99,708,850 99,708,850
L1. Commercial Personal 64,828,590 N/A 64,828,590 64,828,590
L2. Industrial Personal 74,482,460 N/A 74,482,460 74,482,460
M. Other Personal 8,582,340 N/A 8,582,340 8,582,340
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 97,540 N/A 97,540 97,540
S. Special Inventory 4,072,370 N/A 4,072,370 4,072,370
Subtotal 1,217,598,142 1,217,598,142 1,217,598,142
Less Total Deductions 218,616,218   218,616,218 218,616,218
Total Taxable Value 998,981,924 998,981,924 998,981,924 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
1,042,256,799 998,981,924 1,042,256,799 998,981,924


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,274,875 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
1,042,256,799 998,981,924 1,042,256,799 998,981,924

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