taxes Property Tax Assistance

2020 ISD Summary Worksheet

124-Jim Hogg /Jim Hogg County

124-901/Jim Hogg County ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 112,201,560 1.0048 111,665,565 111,665,565
B - MULTIFAMILY 3,204,520 N/A 3,204,520 3,204,520
C1 - VACANT LOTS 4,757,610 N/A 4,757,610 4,757,610
C2 - COLONIA LOTS 976,310 N/A 976,310 976,310
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,788,360 0.8175 62,124,590 62,124,590
D2 - FARM & RANCH IMP 20,834,880 0.9719 21,437,267 21,437,267
E - NON-AG LAND AND IMPROVEMENTS 14,278,270 N/A 14,278,270 14,278,270
F1 - COMMERCIAL REAL 24,014,830 0.9113 26,352,277 26,352,277
F2 - INDUSTRIAL REAL 129,849,580 N/A 129,849,580 129,849,580
G - ALL MINERALS 17,963,720 N/A 17,963,720 17,963,720
J - ALL UTILITIES 52,974,530 1.0470 50,596,495 50,596,495
L1 - COMMERCIAL PERSONAL 9,611,546 N/A 9,611,546 9,611,546
L2 - INDUSTRIAL PERSONAL 8,240,150 N/A 8,240,150 8,240,150
M1 - MOBILE HOMES 158,790 N/A 158,790 158,790
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 449,854,656 0 461,216,690 461,216,690
Less Total Deductions 129,248,402 0 129,139,729 129,139,729
Total Taxable Value 320,606,254 0 332,076,961 332,076,961

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
340,981,581 332,076,961 337,394,691 328,490,071


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,904,620 3,586,890


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
432,639,531 423,734,911 429,052,641 420,148,021

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 112,201,560 1.0048 111,665,565 111,665,565
B - MULTIFAMILY 3,204,520 N/A 3,204,520 3,204,520
C1 - VACANT LOTS 4,757,610 N/A 4,757,610 4,757,610
C2 - COLONIA LOTS 976,310 N/A 976,310 976,310
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,788,360 0.8175 62,124,590 62,124,590
D2 - FARM & RANCH IMP 20,834,880 0.9719 21,437,267 21,437,267
E - NON-AG LAND AND IMPROVEMENTS 14,278,270 N/A 14,278,270 14,278,270
F1 - COMMERCIAL REAL 24,014,830 0.9113 26,352,277 26,352,277
F2 - INDUSTRIAL REAL 129,849,580 N/A 129,849,580 129,849,580
G - ALL MINERALS 17,963,720 N/A 17,963,720 17,963,720
J - ALL UTILITIES 52,974,530 1.0470 50,596,495 50,596,495
L1 - COMMERCIAL PERSONAL 9,611,546 N/A 9,611,546 9,611,546
L2 - INDUSTRIAL PERSONAL 8,240,150 N/A 8,240,150 8,240,150
M1 - MOBILE HOMES 158,790 N/A 158,790 158,790
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 449,854,656 461,216,690 461,216,690
Less Total Deductions 129,248,402 129,139,729 129,139,729
Total Taxable Value 320,606,254 332,076,961 332,076,961

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
340,981,581 332,076,961 337,394,691 328,490,071


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,904,620 3,586,890


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
432,639,531 423,734,911 429,052,641 420,148,021

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