taxes Property Tax Assistance

2016 ISD Summary Worksheet

123/Jefferson

123-907/Port Arthur ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 915,250,373 .9970 918,004,386 915,250,373
B. Multi-Family Residences 127,119,400 .8861 143,459,429 127,119,400
C1. Vacant Lots 41,410,318 N/A 41,410,318 41,410,318
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 421,620 1.4208 296,753 421,620
D2. Real Prop Farm & Ranch 335,870 N/A 335,870 335,870
E. Real Prop NonQual Acres 58,400,810 N/A 58,400,810 58,400,810
F1. Commercial Real 450,965,191 .9766 461,770,624 450,965,191
F2. Industrial Real 6,618,201,674 N/A 6,618,201,674 6,618,201,674
G. Oil, Gas, Minerals 17,131,898 N/A 17,131,898 17,131,898
J. Utilities 133,687,290 .9308 143,626,225 133,687,290
L1. Commercial Personal 219,563,831 1.0195 215,364,229 219,563,831
L2. Industrial Personal 458,220,940 N/A 458,220,940 458,220,940
M. Other Personal 353,050 N/A 353,050 353,050
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,665,680 N/A 2,665,680 2,665,680
S. Special Inventory 8,597,210 N/A 8,597,210 8,597,210
Subtotal 9,052,325,155 9,087,839,096 9,052,325,155
Less Total Deductions 5,555,161,012   5,556,064,731 5,555,161,012
Total Taxable Value 3,497,164,143 3,531,774,365 3,497,164,143 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
3,591,870,655 3,497,164,143 3,591,870,655 3,497,164,143


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
94,706,512 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
7,760,232,395 7,665,525,883 7,760,232,395 7,665,525,883

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