taxes Property Tax Assistance

2022 ISD Summary Worksheet

121-Jasper /Jasper County

121-904/Jasper ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	633,876,407	0.9586	661,252,250	633,876,407
B - MULTIFAMILY	21,696,840	N/A	21,696,840	21,696,840
C1 - VACANT LOTS	38,617,964	N/A	38,617,964	38,617,964
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	38,006,966	1.0515	36,145,258	38,006,966
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	243,537,310	0.8975	271,350,763	243,537,310
F1 - COMMERCIAL REAL	147,133,053	0.8737	168,402,258	147,133,053
F2 - INDUSTRIAL REAL	12,626,550	N/A	12,626,550	12,626,550
G - ALL MINERALS	77,604,097	N/A	77,604,097	77,604,097
J - ALL UTILITIES	50,512,560	N/A	50,512,560	50,512,560
L1 - COMMERCIAL PERSONAL	63,539,315	0.9882	64,298,032	63,539,315
L2 - INDUSTRIAL PERSONAL	106,735,687	N/A	106,735,687	106,735,687
M1 - MOBILE HOMES	19,519,092	N/A	19,519,092	19,519,092
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	439,561	N/A	439,561	439,561
S - SPECIAL INVENTORY	4,984,900	N/A	4,984,900	4,984,900
Subtotal	1,458,830,302	0	1,534,185,812	1,458,830,302
Less Total Deductions	381,101,111	0	395,963,279	381,101,111
Total Taxable Value	1,077,729,191	0	1,138,222,533	1,077,729,191

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
1,119,949,760	1,077,729,191	1,119,949,760	1,077,729,191	1,161,199,760

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
42,220,569	0	41,250,000

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
1,119,949,760	1,077,729,191	1,119,949,760	1,077,729,191	1,161,199,760

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

121-904-02/Jasper ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	633,876,407	0.9586	661,252,250	633,876,407
B - MULTIFAMILY	21,696,840	N/A	21,696,840	21,696,840
C1 - VACANT LOTS	38,617,964	N/A	38,617,964	38,617,964
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	38,006,966	1.0515	36,145,258	38,006,966
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	243,537,310	0.8975	271,350,763	243,537,310
F1 - COMMERCIAL REAL	147,133,053	0.8737	168,402,258	147,133,053
F2 - INDUSTRIAL REAL	12,626,550	N/A	12,626,550	12,626,550
G - ALL MINERALS	77,604,097	N/A	77,604,097	77,604,097
J - ALL UTILITIES	50,512,560	N/A	50,512,560	50,512,560
L1 - COMMERCIAL PERSONAL	63,539,315	0.9882	64,298,032	63,539,315
L2 - INDUSTRIAL PERSONAL	106,735,687	N/A	106,735,687	106,735,687
M1 - MOBILE HOMES	19,519,092	N/A	19,519,092	19,519,092
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	439,561	N/A	439,561	439,561
S - SPECIAL INVENTORY	4,984,900	N/A	4,984,900	4,984,900
Subtotal	1,458,830,302		1,534,185,812	1,458,830,302
Less Total Deductions	381,101,111		395,963,279	381,101,111
Total Taxable Value	1,077,729,191		1,138,222,533	1,077,729,191

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
1,119,949,760	1,077,729,191	1,119,949,760	1,077,729,191	1,161,199,760

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
42,220,569	0	41,250,000

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
1,119,949,760	1,077,729,191	1,119,949,760	1,077,729,191	1,161,199,760

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