taxes Property Tax Assistance

2022 ISD Summary Worksheet

134-Kimble/Kimble County

134-901/Junction ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 101,586,287 N/A 101,586,287 101,586,287
B - MULTIFAMILY 3,044,640 N/A 3,044,640 3,044,640
C1 - VACANT LOTS 7,641,560 N/A 7,641,560 7,641,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 35,597,374 N/A 35,597,374 35,597,374
D2 - FARM & RANCH IMP 4,834,761 N/A 4,834,761 4,834,761
E - NON-AG LAND AND IMPROVEMENTS 285,905,975 N/A 285,905,975 285,905,975
F1 - COMMERCIAL REAL 51,332,762 N/A 51,332,762 51,332,762
F2 - INDUSTRIAL REAL 5,105,860 N/A 5,105,860 5,105,860
G - ALL MINERALS 2,100 N/A 2,100 2,100
J - ALL UTILITIES 201,522,070 N/A 201,522,070 201,522,070
L1 - COMMERCIAL PERSONAL 21,747,600 N/A 21,747,600 21,747,600
L2 - INDUSTRIAL PERSONAL 12,415,320 N/A 12,415,320 12,415,320
M1 - MOBILE HOMES 6,726,350 N/A 6,726,350 6,726,350
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 737,462,659 0 737,462,659 737,462,659
Less Total Deductions 81,376,112 0 81,376,112 81,376,112
Total Taxable Value 656,086,547 0 656,086,547 656,086,547

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 T13
669,211,982 656,086,547 669,211,982 656,086,547 680,901,982


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
13,125,435 0 11,690,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
669,211,982 656,086,547 669,211,982 656,086,547 680,901,982

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

134-901-02/Junction ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 101,586,287 N/A 101,586,287 101,586,287
B - MULTIFAMILY 3,044,640 N/A 3,044,640 3,044,640
C1 - VACANT LOTS 7,641,560 N/A 7,641,560 7,641,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 35,597,374 N/A 35,597,374 35,597,374
D2 - FARM & RANCH IMP 4,834,761 N/A 4,834,761 4,834,761
E - NON-AG LAND AND IMPROVEMENTS 285,905,975 N/A 285,905,975 285,905,975
F1 - COMMERCIAL REAL 51,332,762 N/A 51,332,762 51,332,762
F2 - INDUSTRIAL REAL 5,105,860 N/A 5,105,860 5,105,860
G - ALL MINERALS 2,100 N/A 2,100 2,100
J - ALL UTILITIES 201,522,070 N/A 201,522,070 201,522,070
L1 - COMMERCIAL PERSONAL 21,747,600 N/A 21,747,600 21,747,600
L2 - INDUSTRIAL PERSONAL 12,415,320 N/A 12,415,320 12,415,320
M1 - MOBILE HOMES 6,726,350 N/A 6,726,350 6,726,350
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 737,462,659 737,462,659 737,462,659
Less Total Deductions 81,376,112 81,376,112 81,376,112
Total Taxable Value 656,086,547 656,086,547 656,086,547

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 T13
669,211,982 656,086,547 669,211,982 656,086,547 680,901,982


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
13,125,435 0 11,690,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
669,211,982 656,086,547 669,211,982 656,086,547 680,901,982

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement