taxes Property Tax Assistance

2021 ISD Summary Worksheet

124-Jim Hogg /Jim Hogg County

124-901/Jim Hogg County ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 116,399,360 0.7805 149,134,350 149,134,350
B - MULTIFAMILY 4,525,310 N/A 4,525,310 4,525,310
C1 - VACANT LOTS 4,647,720 N/A 4,647,720 4,647,720
C2 - COLONIA LOTS 763,460 N/A 763,460 763,460
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,578,141 0.8601 58,806,568 58,806,568
D2 - FARM & RANCH IMP 20,608,550 0.7699 26,767,827 26,767,827
E - NON-AG LAND AND IMPROVEMENTS 16,009,000 N/A 16,009,000 16,009,000
F1 - COMMERCIAL REAL 23,820,490 0.7708 30,903,594 30,903,594
F2 - INDUSTRIAL REAL 133,728,340 N/A 133,728,340 133,728,340
G - ALL MINERALS 7,438,800 0.9911 7,505,600 7,505,600
J - ALL UTILITIES 53,865,410 0.9344 57,647,057 57,647,057
L1 - COMMERCIAL PERSONAL 10,559,630 N/A 10,559,630 10,559,630
L2 - INDUSTRIAL PERSONAL 6,994,030 N/A 6,994,030 6,994,030
M1 - MOBILE HOMES 140,530 N/A 140,530 140,530
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 450,078,771 0 508,133,016 508,133,016
Less Total Deductions 136,327,440 0 143,354,468 143,354,468
Total Taxable Value 313,751,331 0 364,778,548 364,778,548

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
373,828,468 364,778,548 370,134,193 361,084,273


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,049,920 3,694,275


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
470,626,928 461,577,008 466,932,653 457,882,733

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 116,399,360 0.7805 149,134,350 149,134,350
B - MULTIFAMILY 4,525,310 N/A 4,525,310 4,525,310
C1 - VACANT LOTS 4,647,720 N/A 4,647,720 4,647,720
C2 - COLONIA LOTS 763,460 N/A 763,460 763,460
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,578,141 0.8601 58,806,568 58,806,568
D2 - FARM & RANCH IMP 20,608,550 0.7699 26,767,827 26,767,827
E - NON-AG LAND AND IMPROVEMENTS 16,009,000 N/A 16,009,000 16,009,000
F1 - COMMERCIAL REAL 23,820,490 0.7708 30,903,594 30,903,594
F2 - INDUSTRIAL REAL 133,728,340 N/A 133,728,340 133,728,340
G - ALL MINERALS 7,438,800 0.9911 7,505,600 7,505,600
J - ALL UTILITIES 53,865,410 0.9344 57,647,057 57,647,057
L1 - COMMERCIAL PERSONAL 10,559,630 N/A 10,559,630 10,559,630
L2 - INDUSTRIAL PERSONAL 6,994,030 N/A 6,994,030 6,994,030
M1 - MOBILE HOMES 140,530 N/A 140,530 140,530
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 450,078,771 508,133,016 508,133,016
Less Total Deductions 136,327,440 143,354,468 143,354,468
Total Taxable Value 313,751,331 364,778,548 364,778,548

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
373,828,468 364,778,548 370,134,193 361,084,273


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,049,920 3,694,275


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
470,626,928 461,577,008 466,932,653 457,882,733

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