taxes Property Tax Assistance

2018 ISD Summary Worksheet

037/Cherokee

037-904/Jacksonville ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 564,098,081 N/A 564,098,081 564,098,081
B. Multi-Family Residences 21,839,610 N/A 21,839,610 21,839,610
C1. Vacant Lots 23,780,812 N/A 23,780,812 23,780,812
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,573,141 N/A 13,573,141 13,573,141
D2. Real Prop Farm & Ranch 8,270,631 N/A 8,270,631 8,270,631
E. Real Prop NonQual Acres 265,324,701 N/A 265,324,701 265,324,701
F1. Commercial Real 156,096,755 N/A 156,096,755 156,096,755
F2. Industrial Real 26,529,110 N/A 26,529,110 26,529,110
G. Oil, Gas, Minerals 11,966,390 N/A 11,966,390 11,966,390
J. Utilities 94,201,020 N/A 94,201,020 94,201,020
L1. Commercial Personal 64,713,204 N/A 64,713,204 64,713,204
L2. Industrial Personal 77,640,020 N/A 77,640,020 77,640,020
M. Other Personal 10,010,310 N/A 10,010,310 10,010,310
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 61,030 N/A 61,030 61,030
S. Special Inventory 3,942,670 N/A 3,942,670 3,942,670
Subtotal 1,342,047,485 1,342,047,485 1,342,047,485
Less Total Deductions 239,332,911   239,332,911 239,332,911
Total Taxable Value 1,102,714,574 1,102,714,574 1,102,714,574 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
1,146,762,848 1,102,714,574 1,146,762,848 1,102,714,574


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
44,048,274 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
1,146,762,848 1,102,714,574 1,146,762,848 1,102,714,574

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