taxes Property Tax Assistance

2018 ISD Summary Worksheet

126/Johnson

126-905/Joshua ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,080,188,215 N/A 1,080,188,215 1,080,188,215
B. Multi-Family Residences 35,514,123 N/A 35,514,123 35,514,123
C1. Vacant Lots 44,968,285 N/A 44,968,285 44,968,285
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,501,520 N/A 3,501,520 3,501,520
D2. Real Prop Farm & Ranch 4,865,943 N/A 4,865,943 4,865,943
E. Real Prop NonQual Acres 324,362,440 N/A 324,362,440 324,362,440
F1. Commercial Real 102,381,570 N/A 102,381,570 102,381,570
F2. Industrial Real 14,476,751 N/A 14,476,751 14,476,751
G. Oil, Gas, Minerals 73,302,951 N/A 73,302,951 73,302,951
J. Utilities 70,765,618 N/A 70,765,618 70,765,618
L1. Commercial Personal 50,532,039 N/A 50,532,039 50,532,039
L2. Industrial Personal 20,705,739 N/A 20,705,739 20,705,739
M. Other Personal 12,389,640 N/A 12,389,640 12,389,640
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,767,024 N/A 4,767,024 4,767,024
S. Special Inventory 5,271,270 N/A 5,271,270 5,271,270
Subtotal 1,847,993,128 1,847,993,128 1,847,993,128
Less Total Deductions 299,005,348   299,005,348 299,005,348
Total Taxable Value 1,548,987,780 1,548,987,780 1,548,987,780 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
1,605,233,366 1,548,987,780 1,605,233,366 1,548,987,780


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
56,245,586 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
1,605,233,366 1,548,987,780 1,605,233,366 1,548,987,780

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