taxes Property Tax Assistance

2018 ISD Summary Worksheet

121/Jasper

121-904/Jasper 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 422,076,318 .9158 460,882,636 422,076,318
B. Multi-Family Residences 11,285,281 N/A 11,285,281 11,285,281
C1. Vacant Lots 17,204,330 N/A 17,204,330 17,204,330
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,328,518 1.0195 37,597,069 38,328,518
D2. Real Prop Farm & Ranch 1,192,301 N/A 1,192,301 1,192,301
E. Real Prop NonQual Acres 149,962,309 .7943 188,798,073 149,962,309
F1. Commercial Real 114,672,367 .8580 133,650,777 114,672,367
F2. Industrial Real 7,398,410 N/A 7,398,410 7,398,410
G. Oil, Gas, Minerals 100,025,987 1.0026 99,766,594 100,025,987
J. Utilities 43,282,460 N/A 43,282,460 43,282,460
L1. Commercial Personal 63,611,437 .9997 63,630,526 63,611,437
L2. Industrial Personal 66,355,508 N/A 66,355,508 66,355,508
M. Other Personal 16,481,639 N/A 16,481,639 16,481,639
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 127,061 N/A 127,061 127,061
S. Special Inventory 4,991,437 N/A 4,991,437 4,991,437
Subtotal 1,056,995,363 1,152,644,102 1,056,995,363
Less Total Deductions 189,870,649   208,413,761 189,870,649
Total Taxable Value 867,124,714 944,230,341 867,124,714 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
900,106,033 867,124,714 900,106,033 867,124,714


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,981,319 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
900,106,033 867,124,714 900,106,033 867,124,714

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.