taxes Property Tax Assistance

2020 ISD Summary Worksheet

126-Johnson /Johnson County

126-908/Venus ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	354,155,506	N/A	354,155,506	354,155,506
B - MULTIFAMILY	1,473,154	N/A	1,473,154	1,473,154
C1 - VACANT LOTS	10,156,414	N/A	10,156,414	10,156,414
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,065,834	N/A	3,065,834	3,065,834
D2 - FARM & RANCH IMP	849,719	N/A	849,719	849,719
E - NON-AG LAND AND IMPROVEMENTS	55,128,816	N/A	55,128,816	55,128,816
F1 - COMMERCIAL REAL	11,381,086	N/A	11,381,086	11,381,086
F2 - INDUSTRIAL REAL	1,966,271	N/A	1,966,271	1,966,271
G - ALL MINERALS	11,620,185	N/A	11,620,185	11,620,185
J - ALL UTILITIES	22,085,817	N/A	22,085,817	22,085,817
L1 - COMMERCIAL PERSONAL	8,824,647	N/A	8,824,647	8,824,647
L2 - INDUSTRIAL PERSONAL	2,441,902	N/A	2,441,902	2,441,902
M1 - MOBILE HOMES	4,776,313	N/A	4,776,313	4,776,313
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	171,569	N/A	171,569	171,569
S - SPECIAL INVENTORY	28,880	N/A	28,880	28,880
Subtotal	488,126,113	0	488,126,113	488,126,113
Less Total Deductions	83,693,624	0	83,693,624	83,693,624
Total Taxable Value	404,432,489	0	404,432,489	404,432,489

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
419,616,724	404,432,489	419,616,724	404,432,489

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
15,184,235	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
419,616,724	404,432,489	419,616,724	404,432,489

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

126-908-02/Venus ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	354,155,506	N/A	354,155,506	354,155,506
B - MULTIFAMILY	1,473,154	N/A	1,473,154	1,473,154
C1 - VACANT LOTS	10,156,414	N/A	10,156,414	10,156,414
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,065,834	N/A	3,065,834	3,065,834
D2 - FARM & RANCH IMP	849,719	N/A	849,719	849,719
E - NON-AG LAND AND IMPROVEMENTS	55,128,816	N/A	55,128,816	55,128,816
F1 - COMMERCIAL REAL	11,381,086	N/A	11,381,086	11,381,086
F2 - INDUSTRIAL REAL	1,966,271	N/A	1,966,271	1,966,271
G - ALL MINERALS	11,620,185	N/A	11,620,185	11,620,185
J - ALL UTILITIES	22,085,817	N/A	22,085,817	22,085,817
L1 - COMMERCIAL PERSONAL	8,824,647	N/A	8,824,647	8,824,647
L2 - INDUSTRIAL PERSONAL	2,441,902	N/A	2,441,902	2,441,902
M1 - MOBILE HOMES	4,776,313	N/A	4,776,313	4,776,313
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	171,569	N/A	171,569	171,569
S - SPECIAL INVENTORY	28,880	N/A	28,880	28,880
Subtotal	488,126,113		488,126,113	488,126,113
Less Total Deductions	83,693,624		83,693,624	83,693,624
Total Taxable Value	404,432,489		404,432,489	404,432,489

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
419,616,724	404,432,489	419,616,724	404,432,489

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
15,184,235	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
419,616,724	404,432,489	419,616,724	404,432,489

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