taxes Property Tax Assistance

2016 ISD Summary Worksheet

121/Jasper

121-904/Jasper ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 388,997,447 .9656 402,855,682 388,997,447
B. Multi-Family Residences 16,448,692 N/A 16,448,692 16,448,692
C1. Vacant Lots 21,995,632 N/A 21,995,632 21,995,632
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 27,864,947 .8146 34,208,135 27,864,947
D2. Real Prop Farm & Ranch 9,443,839 N/A 9,443,839 9,443,839
E. Real Prop NonQual Acres 141,111,439 .9826 143,610,257 141,111,439
F1. Commercial Real 137,015,372 .9001 152,222,389 137,015,372
F2. Industrial Real 7,905,185 N/A 7,905,185 7,905,185
G. Oil, Gas, Minerals 168,462,337 1.0781 156,258,545 168,462,337
J. Utilities 44,554,947 N/A 44,554,947 44,554,947
L1. Commercial Personal 56,188,102 .9402 59,761,861 56,188,102
L2. Industrial Personal 57,742,063 N/A 57,742,063 57,742,063
M. Other Personal 15,769,670 N/A 15,769,670 15,769,670
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 160,898 N/A 160,898 160,898
S. Special Inventory 3,727,028 N/A 3,727,028 3,727,028
Subtotal 1,097,387,598 1,126,664,823 1,097,387,598
Less Total Deductions 184,650,055   191,211,273 184,650,055
Total Taxable Value 912,737,543 935,453,550 912,737,543 T2

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
943,015,492 912,737,543 943,015,492 912,737,543


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,277,949 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
943,015,492 912,737,543 943,015,492 912,737,543

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 local value to be valid, and local value was certified