taxes Property Tax Assistance

2019 ISD Summary Worksheet

124-Jim Hogg

124-901/Jim Hogg County ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 108,766,240 0.9312 116,802,234 116,802,234
B. MULTIFAMILY RESIDENCES 2,681,140 N/A 2,681,140 2,681,140
C1. VACANT LOTS 5,079,900 N/A 5,079,900 5,079,900
C2. COLONIA LOTS 1,002,790 N/A 1,002,790 1,002,790
D1. QUALIFIED AG LAND 50,531,660 0.9489 53,252,125 53,252,125
D2. REAL PROP:FARM & RANCH 20,587,590 N/A 20,587,590 20,587,590
E. REAL PROP NONQUAL ACREAGE 14,162,910 N/A 14,162,910 14,162,910
F1. COMMERCIAL REAL 24,089,310 0.9207 26,164,125 26,164,125
F2. INDUSTRIAL REAL 141,244,500 N/A 141,244,500 141,244,500
G. OIL,GAS,MINERALS 16,080,930 0.9784 16,435,946 16,435,946
J. UTILITIES 51,236,980 0.9447 54,236,244 54,236,244
L1. COMMERCIAL PERSONAL 9,067,436 N/A 9,067,436 9,067,436
L2. INDUSTRIAL PERSONAL 10,936,400 N/A 10,936,400 10,936,400
M. MOBILE HOMES 176,460 N/A 176,460 176,460
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 455,644,246 0 471,829,800 471,829,800
Less Total Deductions 138,260,118 0 139,911,769 139,911,769
Total Taxable Value 317,384,128 0 331,918,031 331,918,031

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
340,762,791 331,918,031 337,262,546 328,417,786


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,844,760 3,500,245


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
442,452,281 433,607,521 438,952,036 430,107,276

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)

124-901-02/Jim Hogg County ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 108,766,240 0.9312 116,802,234 116,802,234
B. MULTIFAMILY RESIDENCES 2,681,140 N/A 2,681,140 2,681,140
C1. VACANT LOTS 5,079,900 N/A 5,079,900 5,079,900
C2. COLONIA LOTS 1,002,790 N/A 1,002,790 1,002,790
D1. QUALIFIED AG LAND 50,531,660 0.9489 53,252,125 53,252,125
D2. REAL PROP:FARM & RANCH 20,587,590 N/A 20,587,590 20,587,590
E. REAL PROP NONQUAL ACREAGE 14,162,910 N/A 14,162,910 14,162,910
F1. COMMERCIAL REAL 24,089,310 0.9207 26,164,125 26,164,125
F2. INDUSTRIAL REAL 141,244,500 N/A 141,244,500 141,244,500
G. OIL,GAS,MINERALS 16,080,930 0.9784 16,435,946 16,435,946
J. UTILITIES 51,236,980 0.9447 54,236,244 54,236,244
L1. COMMERCIAL PERSONAL 9,067,436 N/A 9,067,436 9,067,436
L2. INDUSTRIAL PERSONAL 10,936,400 N/A 10,936,400 10,936,400
M. MOBILE HOMES 176,460 N/A 176,460 176,460
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 455,644,246 471,829,800 471,829,800
Less Total Deductions 138,260,118 139,911,769 139,911,769
Total Taxable Value 317,384,128 331,918,031 331,918,031

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
340,762,791 331,918,031 337,262,546 328,417,786


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,844,760 3,500,245


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
442,452,281 433,607,521 438,952,036 430,107,276

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