taxes Property Tax Assistance

2018 ISD Summary Worksheet

123/Jefferson

123-907/Port Arthur ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 885,238,761 1.0032 882,415,033 885,238,761
B. Multi-Family Residences 91,579,918 .8060 113,622,727 91,579,918
C1. Vacant Lots 39,827,179 N/A 39,827,179 39,827,179
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 413,460 1.4052 294,233 413,460
D2. Real Prop Farm & Ranch 313,560 N/A 313,560 313,560
E. Real Prop NonQual Acres 58,564,330 N/A 58,564,330 58,564,330
F1. Commercial Real 465,417,949 .9329 498,893,717 465,417,949
F2. Industrial Real 5,144,400,644 N/A 5,144,400,644 5,144,400,644
G. Oil, Gas, Minerals 11,677,889 N/A 11,677,889 11,677,889
J. Utilities 144,141,380 1.0646 135,394,871 144,141,380
L1. Commercial Personal 233,575,177 .9793 238,512,383 233,575,177
L2. Industrial Personal 593,496,120 N/A 593,496,120 593,496,120
M. Other Personal 323,820 N/A 323,820 323,820
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,444,140 N/A 2,444,140 2,444,140
S. Special Inventory 8,813,820 N/A 8,813,820 8,813,820
Subtotal 7,680,228,147 7,728,994,466 7,680,228,147
Less Total Deductions 1,535,751,053   1,534,892,477 1,535,751,053
Total Taxable Value 6,144,477,094 6,194,101,989 6,144,477,094 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
6,231,069,427 6,144,477,094 6,231,069,427 6,144,477,094


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
86,592,333 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
6,678,097,927 6,591,505,594 6,678,097,927 6,591,505,594

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