taxes Property Tax Assistance

2021 ISD Summary Worksheet

122-Jeff Davis /Jeff Davis County

122-902/Valentine ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 5,277,230 0.8341 6,326,855 6,326,855
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,488,390 0.7406 4,710,221 4,710,221
C2 - COLONIA LOTS 754,880 N/A 754,880 754,880
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,037,650 1.1752 7,690,306 7,690,306
D2 - FARM & RANCH IMP 300,360 N/A 300,360 300,360
E - NON-AG LAND AND IMPROVEMENTS 11,354,200 0.7789 14,577,224 14,577,224
F1 - COMMERCIAL REAL 758,930 N/A 758,930 758,930
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 23,937,540 0.9581 24,984,386 24,984,386
L1 - COMMERCIAL PERSONAL 243,730 N/A 243,730 243,730
L2 - INDUSTRIAL PERSONAL 1,820,960 N/A 1,820,960 1,820,960
M1 - MOBILE HOMES 407,500 N/A 407,500 407,500
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 57,381,370 0 62,575,352 62,575,352
Less Total Deductions 2,190,012 0 2,566,039 2,566,039
Total Taxable Value 55,191,358 0 60,009,313 60,009,313

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
60,340,813 60,009,313 60,340,813 60,009,313


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
331,500 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
60,340,813 60,009,313 60,340,813 60,009,313

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)

122-902-02/Valentine ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 5,277,230 0.8341 6,326,855 6,326,855
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,488,390 0.7406 4,710,221 4,710,221
C2 - COLONIA LOTS 754,880 N/A 754,880 754,880
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,037,650 1.1752 7,690,306 7,690,306
D2 - FARM & RANCH IMP 300,360 N/A 300,360 300,360
E - NON-AG LAND AND IMPROVEMENTS 11,354,200 0.7789 14,577,224 14,577,224
F1 - COMMERCIAL REAL 758,930 N/A 758,930 758,930
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 23,937,540 0.9581 24,984,386 24,984,386
L1 - COMMERCIAL PERSONAL 243,730 N/A 243,730 243,730
L2 - INDUSTRIAL PERSONAL 1,820,960 N/A 1,820,960 1,820,960
M1 - MOBILE HOMES 407,500 N/A 407,500 407,500
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 57,381,370 62,575,352 62,575,352
Less Total Deductions 2,190,012 2,566,039 2,566,039
Total Taxable Value 55,191,358 60,009,313 60,009,313

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
60,340,813 60,009,313 60,340,813 60,009,313


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
331,500 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
60,340,813 60,009,313 60,340,813 60,009,313

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