taxes Property Tax Assistance

2018 ISD Summary Worksheet

183/Panola

210-902/Joaquin ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,458,590 N/A 1,458,590 1,458,590
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 226,690 N/A 226,690 226,690
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 492,130 N/A 492,130 492,130
D2. Real Prop Farm & Ranch 360,950 N/A 360,950 360,950
E. Real Prop NonQual Acres 2,011,330 N/A 2,011,330 2,011,330
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 16,316,340 N/A 16,316,340 16,316,340
J. Utilities 5,208,330 N/A 5,208,330 5,208,330
L1. Commercial Personal 500 N/A 500 500
L2. Industrial Personal 103,490 N/A 103,490 103,490
M. Other Personal 483,560 N/A 483,560 483,560
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 26,661,910 26,661,910 26,661,910
Less Total Deductions 1,391,719   1,391,719 1,391,719
Total Taxable Value 25,270,191 25,270,191 25,270,191 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
25,542,001 25,270,191 25,308,401 25,036,591


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
271,810 233,600


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
25,542,001 25,270,191 25,308,401 25,036,591

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

210/Shelby

210-902/Joaquin ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 44,564,515 .8130 54,814,902 44,564,515
B. Multi-Family Residences 328,670 N/A 328,670 328,670
C1. Vacant Lots 2,074,589 N/A 2,074,589 2,074,589
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,813,229 1.0584 6,437,326 6,813,229
D2. Real Prop Farm & Ranch 2,645,896 N/A 2,645,896 2,645,896
E. Real Prop NonQual Acres 44,097,666 .8070 54,643,948 44,097,666
F1. Commercial Real 12,135,763 .9786 12,401,148 12,135,763
F2. Industrial Real 267,660 N/A 267,660 267,660
G. Oil, Gas, Minerals 18,687,710 .9893 18,889,831 18,687,710
J. Utilities 35,433,780 .9518 37,228,178 35,433,780
L1. Commercial Personal 5,478,280 N/A 5,478,280 5,478,280
L2. Industrial Personal 12,555,420 N/A 12,555,420 12,555,420
M. Other Personal 4,912,040 N/A 4,912,040 4,912,040
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 113,080 N/A 113,080 113,080
S. Special Inventory 1,360 N/A 1,360 1,360
Subtotal 190,109,658 212,792,328 190,109,658
Less Total Deductions 32,491,622   37,987,611 32,491,622
Total Taxable Value 157,618,036 174,804,717 157,618,036 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
163,352,097 157,618,036 157,375,148 151,641,087


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,734,061 5,976,949


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
163,352,097 157,618,036 157,375,148 151,641,087

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 two of the grace period.

210-902/Joaquin ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 46,023,105 .8178 56,273,492 46,023,105
B. Multi-Family Residences 328,670 N/A 328,670 328,670
C1. Vacant Lots 2,301,279 N/A 2,301,279 2,301,279
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,305,359 1.0542 6,929,456 7,305,359
D2. Real Prop Farm & Ranch 3,006,846 N/A 3,006,846 3,006,846
E. Real Prop NonQual Acres 46,108,996 .8139 56,655,278 46,108,996
F1. Commercial Real 12,135,763 .9786 12,401,148 12,135,763
F2. Industrial Real 267,660 N/A 267,660 267,660
G. Oil, Gas, Minerals 35,004,050 .9943 35,206,171 35,004,050
J. Utilities 40,642,110 .9577 42,436,508 40,642,110
L1. Commercial Personal 5,478,780 N/A 5,478,780 5,478,780
L2. Industrial Personal 12,658,910 N/A 12,658,910 12,658,910
M. Other Personal 5,395,600 N/A 5,395,600 5,395,600
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 113,080 N/A 113,080 113,080
S. Special Inventory 1,360 N/A 1,360 1,360
Subtotal 216,771,568 239,454,238 216,771,568
Less Total Deductions 33,883,341   39,379,330 33,883,341
Total Taxable Value 182,888,227 200,074,908 182,888,227 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

Comptroller Of Public Accounts - Property Tax Division

2018 ISD Summary Worksheet

210-902/Joaquin ISD

Final Values Worksheet

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
188,894,098 182,888,227 182,683,549 176,677,678


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,005,871 6,210,549


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
188,894,098 182,888,227 182,683,549 176,677,678

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