taxes Property Tax Assistance

2017 ISD Summary Worksheet

123/Jefferson

123-907/Port Arthur ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 930,880,932 N/A 930,880,932 930,880,932
B. Multi-Family Residences 131,713,550 N/A 131,713,550 131,713,550
C1. Vacant Lots 41,106,287 N/A 41,106,287 41,106,287
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 417,140 N/A 417,140 417,140
D2. Real Prop Farm & Ranch 293,450 N/A 293,450 293,450
E. Real Prop NonQual Acres 58,191,220 N/A 58,191,220 58,191,220
F1. Commercial Real 460,175,755 N/A 460,175,755 460,175,755
F2. Industrial Real 6,155,694,044 N/A 6,155,694,044 6,155,694,044
G. Oil, Gas, Minerals 14,245,030 N/A 14,245,030 14,245,030
J. Utilities 136,637,070 N/A 136,637,070 136,637,070
L1. Commercial Personal 235,648,726 N/A 235,648,726 235,648,726
L2. Industrial Personal 440,073,810 N/A 440,073,810 440,073,810
M. Other Personal 351,410 N/A 351,410 351,410
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,339,770 N/A 2,339,770 2,339,770
S. Special Inventory 8,116,160 N/A 8,116,160 8,116,160
Subtotal 8,615,884,354 8,615,884,354 8,615,884,354
Less Total Deductions 5,062,465,087   5,062,465,087 5,062,465,087
Total Taxable Value 3,553,419,267 3,553,419,267 3,553,419,267 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
3,644,254,616 3,553,419,267 3,644,254,616 3,553,419,267


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
90,835,349 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
7,392,085,716 7,301,250,367 7,392,085,716 7,301,250,367

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