taxes Property Tax Assistance

2021 ISD Summary Worksheet

125-Jim Wells /Jim Wells County

125-903/Orange Grove ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 65,309,444 0.7581 86,148,851 86,148,851
B - MULTIFAMILY 1,603,280 N/A 1,603,280 1,603,280
C1 - VACANT LOTS 2,341,749 N/A 2,341,749 2,341,749
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,905,207 1.1805 13,473,085 13,473,085
D2 - FARM & RANCH IMP 5,261,740 N/A 5,261,740 5,261,740
E - NON-AG LAND AND IMPROVEMENTS 269,067,982 0.7328 367,177,923 367,177,923
F1 - COMMERCIAL REAL 13,080,577 N/A 13,080,577 13,080,577
F2 - INDUSTRIAL REAL 3,477,035 N/A 3,477,035 3,477,035
G - ALL MINERALS 175,700 N/A 175,700 175,700
J - ALL UTILITIES 49,273,428 0.9728 50,651,139 50,651,139
L1 - COMMERCIAL PERSONAL 5,257,142 N/A 5,257,142 5,257,142
L2 - INDUSTRIAL PERSONAL 11,573,390 N/A 11,573,390 11,573,390
M1 - MOBILE HOMES 9,032,858 N/A 9,032,858 9,032,858
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 451,359,532 0 569,254,469 569,254,469
Less Total Deductions 63,401,436 0 84,734,271 84,734,271
Total Taxable Value 387,958,096 0 484,520,198 484,520,198

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
497,077,095 484,520,198 497,077,095 484,520,198


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,556,897 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
497,077,095 484,520,198 497,077,095 484,520,198

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)

125-903-02/Orange Grove ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 65,309,444 0.7581 86,148,851 86,148,851
B - MULTIFAMILY 1,603,280 N/A 1,603,280 1,603,280
C1 - VACANT LOTS 2,341,749 N/A 2,341,749 2,341,749
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,905,207 1.1805 13,473,085 13,473,085
D2 - FARM & RANCH IMP 5,261,740 N/A 5,261,740 5,261,740
E - NON-AG LAND AND IMPROVEMENTS 269,067,982 0.7328 367,177,923 367,177,923
F1 - COMMERCIAL REAL 13,080,577 N/A 13,080,577 13,080,577
F2 - INDUSTRIAL REAL 3,477,035 N/A 3,477,035 3,477,035
G - ALL MINERALS 175,700 N/A 175,700 175,700
J - ALL UTILITIES 49,273,428 0.9728 50,651,139 50,651,139
L1 - COMMERCIAL PERSONAL 5,257,142 N/A 5,257,142 5,257,142
L2 - INDUSTRIAL PERSONAL 11,573,390 N/A 11,573,390 11,573,390
M1 - MOBILE HOMES 9,032,858 N/A 9,032,858 9,032,858
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 451,359,532 569,254,469 569,254,469
Less Total Deductions 63,401,436 84,734,271 84,734,271
Total Taxable Value 387,958,096 484,520,198 484,520,198

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
497,077,095 484,520,198 497,077,095 484,520,198


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,556,897 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
497,077,095 484,520,198 497,077,095 484,520,198

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