taxes Property Tax Assistance

2017 ISD Summary Worksheet

125/Jim Wells

125-903/Orange Grove ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 55,466,941 .7668 72,335,604 72,335,604
B. Multi-Family Residences 1,638,147 N/A 1,638,147 1,638,147
C1. Vacant Lots 2,121,305 N/A 2,121,305 2,121,305
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,406,633 .9301 12,264,492 12,264,492
D2. Real Prop Farm & Ranch 3,771,532 N/A 3,771,532 3,771,532
E. Real Prop NonQual Acres 198,679,828 .6642 299,126,510 299,126,510
F1. Commercial Real 12,189,200 N/A 12,189,200 12,189,200
F2. Industrial Real 2,381,104 N/A 2,381,104 2,381,104
G. Oil, Gas, Minerals 639,080 N/A 639,080 639,080
J. Utilities 38,158,380 .9407 40,563,814 40,563,814
L1. Commercial Personal 6,237,025 N/A 6,237,025 6,237,025
L2. Industrial Personal 14,501,050 N/A 14,501,050 14,501,050
M. Other Personal 6,551,178 N/A 6,551,178 6,551,178
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 100 N/A 100 100
Subtotal 353,741,503 474,320,141 474,320,141
Less Total Deductions 52,744,652   66,473,792 66,473,792
Total Taxable Value 300,996,851 407,846,349 407,846,349 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
419,045,929 407,846,349 419,045,929 407,846,349


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,199,580 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
419,045,929 407,846,349 419,045,929 407,846,349

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)