taxes Property Tax Assistance

2018 ISD Summary Worksheet

123/Jefferson

123-908/Port Neches-Groves ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,200,689,471 .9655 1,243,593,445 1,200,689,471
B. Multi-Family Residences 40,114,930 N/A 40,114,930 40,114,930
C1. Vacant Lots 24,211,860 N/A 24,211,860 24,211,860
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 36,570 1.5408 23,734 36,570
D2. Real Prop Farm & Ranch 374,840 N/A 374,840 374,840
E. Real Prop NonQual Acres 21,711,240 N/A 21,711,240 21,711,240
F1. Commercial Real 92,741,987 .8876 104,486,240 92,741,987
F2. Industrial Real 1,527,220,609 N/A 1,527,220,609 1,527,220,609
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 53,090,830 N/A 53,090,830 53,090,830
L1. Commercial Personal 66,247,300 N/A 66,247,300 66,247,300
L2. Industrial Personal 291,332,280 N/A 291,332,280 291,332,280
M. Other Personal 316,160 N/A 316,160 316,160
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,501,160 N/A 1,501,160 1,501,160
S. Special Inventory 2,416,510 N/A 2,416,510 2,416,510
Subtotal 3,322,005,747 3,376,641,138 3,322,005,747
Less Total Deductions 897,905,928   910,308,932 897,905,928
Total Taxable Value 2,424,099,819 2,466,332,206 2,424,099,819 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
2,492,267,467 2,424,099,819 2,396,877,943 2,328,710,295


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
68,167,648 95,389,524


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
2,944,908,267 2,876,740,619 2,849,518,743 2,781,351,095

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