taxes Property Tax Assistance

2017 ISD Summary Worksheet

134/Kimble

134-901/Junction ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 69,066,820 .9615 71,832,366 69,066,820
B. Multi-Family Residences 1,979,760 N/A 1,979,760 1,979,760
C1. Vacant Lots 6,894,990 N/A 6,894,990 6,894,990
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,277,771 .9629 34,561,161 33,277,771
D2. Real Prop Farm & Ranch 3,039,440 N/A 3,039,440 3,039,440
E. Real Prop NonQual Acres 183,103,153 .8124 225,385,467 183,103,153
F1. Commercial Real 37,454,662 .9538 39,268,884 37,454,662
F2. Industrial Real 2,084,790 N/A 2,084,790 2,084,790
G. Oil, Gas, Minerals 74,140 N/A 74,140 74,140
J. Utilities 77,223,940 .7977 96,808,249 77,223,940
L1. Commercial Personal 25,601,744 .9929 25,784,816 25,601,744
L2. Industrial Personal 10,891,370 N/A 10,891,370 10,891,370
M. Other Personal 3,357,750 N/A 3,357,750 3,357,750
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 454,050,330 521,963,183 454,050,330
Less Total Deductions 47,349,714   49,434,662 47,349,714
Total Taxable Value 406,700,616 472,528,521 406,700,616 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
416,343,656 406,700,616 416,343,656 406,700,616


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,643,040 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
416,343,656 406,700,616 416,343,656 406,700,616

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 invalid, but local value was certified because your school district is in year one of the grace period.