taxes Property Tax Assistance

2018 ISD Summary Worksheet

125/Jim Wells

125-903/Orange Grove ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 60,660,724 .7811 77,660,638 77,660,638
B. Multi-Family Residences 1,645,203 N/A 1,645,203 1,645,203
C1. Vacant Lots 2,083,988 N/A 2,083,988 2,083,988
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,205,816 1.0227 13,889,909 13,889,909
D2. Real Prop Farm & Ranch 3,696,888 N/A 3,696,888 3,696,888
E. Real Prop NonQual Acres 219,143,190 .9059 241,906,601 241,906,601
F1. Commercial Real 12,606,443 N/A 12,606,443 12,606,443
F2. Industrial Real 2,451,364 N/A 2,451,364 2,451,364
G. Oil, Gas, Minerals 1,521,660 N/A 1,521,660 1,521,660
J. Utilities 38,935,600 .9365 41,575,654 41,575,654
L1. Commercial Personal 6,704,295 N/A 6,704,295 6,704,295
L2. Industrial Personal 17,425,810 N/A 17,425,810 17,425,810
M. Other Personal 6,163,151 N/A 6,163,151 6,163,151
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 100 N/A 100 100
Subtotal 387,244,232 429,331,704 429,331,704
Less Total Deductions 57,720,205   72,483,119 72,483,119
Total Taxable Value 329,524,027 356,848,585 356,848,585 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
368,295,681 356,848,585 368,295,681 356,848,585


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,447,096 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
368,295,681 356,848,585 368,295,681 356,848,585

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)