taxes Property Tax Assistance

2017 ISD Summary Worksheet

037/Cherokee

037-904/Jacksonville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 527,021,984 .9575 550,414,605 527,021,984
B. Multi-Family Residences 21,328,750 N/A 21,328,750 21,328,750
C1. Vacant Lots 23,594,835 N/A 23,594,835 23,594,835
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,732,137 1.0029 13,692,919 13,732,137
D2. Real Prop Farm & Ranch 5,575,740 N/A 5,575,740 5,575,740
E. Real Prop NonQual Acres 244,202,656 .9483 257,516,246 244,202,656
F1. Commercial Real 137,677,681 .9281 148,343,585 137,677,681
F2. Industrial Real 25,325,210 N/A 25,325,210 25,325,210
G. Oil, Gas, Minerals 12,131,080 N/A 12,131,080 12,131,080
J. Utilities 93,512,570 1.0028 93,251,466 93,512,570
L1. Commercial Personal 61,422,920 .9698 63,335,657 61,422,920
L2. Industrial Personal 84,331,920 N/A 84,331,920 84,331,920
M. Other Personal 8,674,970 N/A 8,674,970 8,674,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 101,740 N/A 101,740 101,740
S. Special Inventory 4,031,300 N/A 4,031,300 4,031,300
Subtotal 1,262,665,493 1,311,650,023 1,262,665,493
Less Total Deductions 229,263,075   239,663,219 229,263,075
Total Taxable Value 1,033,402,418 1,071,986,804 1,033,402,418 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
1,076,617,610 1,033,402,418 1,076,617,610 1,033,402,418


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,215,192 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
1,076,617,610 1,033,402,418 1,076,617,610 1,033,402,418

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