taxes Property Tax Assistance

2018 ISD Summary Worksheet

134/Kimble

134-901/Junction ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 70,152,206 .9259 75,766,504 70,152,206
B. Multi-Family Residences 1,979,760 N/A 1,979,760 1,979,760
C1. Vacant Lots 7,235,809 N/A 7,235,809 7,235,809
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,360,693 .9768 34,154,712 33,360,693
D2. Real Prop Farm & Ranch 3,006,400 N/A 3,006,400 3,006,400
E. Real Prop NonQual Acres 216,309,803 .9585 225,675,329 216,309,803
F1. Commercial Real 36,447,355 .9987 36,494,798 36,447,355
F2. Industrial Real 3,005,160 N/A 3,005,160 3,005,160
G. Oil, Gas, Minerals 62,270 N/A 62,270 62,270
J. Utilities 76,073,110 .9472 80,313,672 76,073,110
L1. Commercial Personal 14,963,394 N/A 14,963,394 14,963,394
L2. Industrial Personal 9,291,680 N/A 9,291,680 9,291,680
M. Other Personal 3,301,560 N/A 3,301,560 3,301,560
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 475,189,200 495,251,048 475,189,200
Less Total Deductions 47,988,837   52,197,331 47,988,837
Total Taxable Value 427,200,363 443,053,717 427,200,363 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
436,603,431 427,200,363 436,603,431 427,200,363


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,403,068 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
436,603,431 427,200,363 436,603,431 427,200,363

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