taxes Property Tax Assistance

2018 ISD Summary Worksheet

121/Jasper

121-903/Buna ISD

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


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 147,591,110 .9220 160,077,126 147,591,110
B. Multi-Family Residences 1,966,333 N/A 1,966,333 1,966,333
C1. Vacant Lots 5,339,524 N/A 5,339,524 5,339,524
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 25,298,724 1.0145 24,936,627 25,298,724
D2. Real Prop Farm & Ranch 495,474 N/A 495,474 495,474
E. Real Prop NonQual Acres 141,248,789 .7929 178,141,996 141,248,789
F1. Commercial Real 21,094,715 .9453 22,315,365 21,094,715
F2. Industrial Real 4,933,420 N/A 4,933,420 4,933,420
G. Oil, Gas, Minerals 5,404,409 N/A 5,404,409 5,404,409
J. Utilities 34,166,873 .9962 34,297,202 34,166,873
L1. Commercial Personal 12,213,181 N/A 12,213,181 12,213,181
L2. Industrial Personal 8,401,109 N/A 8,401,109 8,401,109
M. Other Personal 15,068,376 N/A 15,068,376 15,068,376
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 142,394 N/A 142,394 142,394
S. Special Inventory 391,946 N/A 391,946 391,946
Subtotal 423,756,377 474,124,482 423,756,377
Less Total Deductions 101,643,012   109,769,326 101,643,012
Total Taxable Value 322,113,365 364,355,156 322,113,365 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
341,285,207 322,113,365 341,285,207 322,113,365


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,171,842 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
341,285,207 322,113,365 341,285,207 322,113,365

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.