taxes Property Tax Assistance

2022 ISD Summary Worksheet

125-Jim Wells /Jim Wells County

125-906/La Gloria ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	128,388	N/A	128,388	128,388
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,988,951	1.2633	1,574,357	1,574,357
D2 - FARM & RANCH IMP	355,390	N/A	355,390	355,390
E - NON-AG LAND AND IMPROVEMENTS	15,773,719	0.7645	20,632,726	20,632,726
F1 - COMMERCIAL REAL	132,690	N/A	132,690	132,690
F2 - INDUSTRIAL REAL	8,865,859	N/A	8,865,859	8,865,859
G - ALL MINERALS	755,950	N/A	755,950	755,950
J - ALL UTILITIES	15,180,296	0.8921	17,016,361	17,016,361
L1 - COMMERCIAL PERSONAL	35,902	N/A	35,902	35,902
L2 - INDUSTRIAL PERSONAL	2,849,360	N/A	2,849,360	2,849,360
M1 - MOBILE HOMES	454,763	N/A	454,763	454,763
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	46,521,268	0	52,801,746	52,801,746
Less Total Deductions	3,489,990	0	3,489,990	3,489,990
Total Taxable Value	43,031,278	0	49,311,756	49,311,756

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
50,024,471	49,311,756	49,890,025	49,177,310	50,804,471

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
712,715	134,446	780,000

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
50,024,471	49,311,756	49,890,025	49,177,310	50,804,471

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 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)

125-906-02/La Gloria ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	128,388	N/A	128,388	128,388
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,988,951	1.2633	1,574,357	1,574,357
D2 - FARM & RANCH IMP	355,390	N/A	355,390	355,390
E - NON-AG LAND AND IMPROVEMENTS	15,773,719	0.7645	20,632,726	20,632,726
F1 - COMMERCIAL REAL	132,690	N/A	132,690	132,690
F2 - INDUSTRIAL REAL	8,865,859	N/A	8,865,859	8,865,859
G - ALL MINERALS	755,950	N/A	755,950	755,950
J - ALL UTILITIES	15,180,296	0.8921	17,016,361	17,016,361
L1 - COMMERCIAL PERSONAL	35,902	N/A	35,902	35,902
L2 - INDUSTRIAL PERSONAL	2,849,360	N/A	2,849,360	2,849,360
M1 - MOBILE HOMES	454,763	N/A	454,763	454,763
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	46,521,268		52,801,746	52,801,746
Less Total Deductions	3,489,990		3,489,990	3,489,990
Total Taxable Value	43,031,278		49,311,756	49,311,756

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
50,024,471	49,311,756	49,890,025	49,177,310	50,804,471

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
712,715	134,446	780,000

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
50,024,471	49,311,756	49,890,025	49,177,310	50,804,471

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