taxes Property Tax Assistance

2016 ISD Summary Worksheet

123/Jefferson

123-908/Port Neches-Groves ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,163,610,453 .9867 1,179,295,078 1,163,610,453
B. Multi-Family Residences 40,831,320 N/A 40,831,320 40,831,320
C1. Vacant Lots 25,117,509 N/A 25,117,509 25,117,509
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,580 1.5684 26,511 41,580
D2. Real Prop Farm & Ranch 377,890 N/A 377,890 377,890
E. Real Prop NonQual Acres 21,458,530 N/A 21,458,530 21,458,530
F1. Commercial Real 88,553,570 .9830 90,085,015 88,553,570
F2. Industrial Real 1,434,380,547 N/A 1,434,380,547 1,434,380,547
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 49,276,650 N/A 49,276,650 49,276,650
L1. Commercial Personal 60,275,519 N/A 60,275,519 60,275,519
L2. Industrial Personal 298,238,810 N/A 298,238,810 298,238,810
M. Other Personal 293,020 N/A 293,020 293,020
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,082,920 N/A 1,082,920 1,082,920
S. Special Inventory 2,402,110 N/A 2,402,110 2,402,110
Subtotal 3,185,940,428 3,203,141,429 3,185,940,428
Less Total Deductions 724,279,504   728,856,018 724,279,504
Total Taxable Value 2,461,660,924 2,474,285,411 2,461,660,924 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
2,531,021,501 2,461,660,924 2,436,721,262 2,367,360,685


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
69,360,577 94,300,239


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
2,801,527,731 2,732,167,154 2,707,227,492 2,637,866,915

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