taxes Property Tax Assistance

2018 ISD Summary Worksheet

155/Marion

155-901/Jefferson ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 282,945,540 .8478 333,740,906 282,945,540
B. Multi-Family Residences 1,413,360 N/A 1,413,360 1,413,360
C1. Vacant Lots 26,429,660 N/A 26,429,660 26,429,660
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,783,980 .8966 46,602,305 41,783,980
D2. Real Prop Farm & Ranch 9,129,210 N/A 9,129,210 9,129,210
E. Real Prop NonQual Acres 78,990,490 .8412 93,902,152 78,990,490
F1. Commercial Real 44,276,640 .8716 50,799,266 44,276,640
F2. Industrial Real 110,436,080 N/A 110,436,080 110,436,080
G. Oil, Gas, Minerals 31,675,660 1.0033 31,571,474 31,675,660
J. Utilities 60,307,310 .9698 62,185,306 60,307,310
L1. Commercial Personal 11,683,820 N/A 11,683,820 11,683,820
L2. Industrial Personal 40,327,930 N/A 40,327,930 40,327,930
M. Other Personal 9,757,790 N/A 9,757,790 9,757,790
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 100,060 N/A 100,060 100,060
S. Special Inventory 1,056,120 N/A 1,056,120 1,056,120
Subtotal 750,313,650 829,135,439 750,313,650
Less Total Deductions 131,260,000   150,440,909 131,260,000
Total Taxable Value 619,053,650 678,694,530 619,053,650 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
641,160,730 619,053,650 630,866,135 608,759,055


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,107,080 10,294,595


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
641,160,730 619,053,650 630,866,135 608,759,055

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 invalid, but local value was certified because your school district is in year one of the grace period.