taxes Property Tax Assistance

2017 ISD Summary Worksheet

123/Jefferson

123-908/Port Neches-Groves ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,207,307,434 N/A 1,207,307,434 1,207,307,434
B. Multi-Family Residences 42,122,850 N/A 42,122,850 42,122,850
C1. Vacant Lots 24,366,971 N/A 24,366,971 24,366,971
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,450 N/A 41,450 41,450
D2. Real Prop Farm & Ranch 374,840 N/A 374,840 374,840
E. Real Prop NonQual Acres 21,458,540 N/A 21,458,540 21,458,540
F1. Commercial Real 92,543,640 N/A 92,543,640 92,543,640
F2. Industrial Real 1,495,426,837 N/A 1,495,426,837 1,495,426,837
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 48,207,910 N/A 48,207,910 48,207,910
L1. Commercial Personal 66,399,979 N/A 66,399,979 66,399,979
L2. Industrial Personal 248,418,180 N/A 248,418,180 248,418,180
M. Other Personal 279,320 N/A 279,320 279,320
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,316,380 N/A 1,316,380 1,316,380
S. Special Inventory 2,293,400 N/A 2,293,400 2,293,400
Subtotal 3,250,557,731 3,250,557,731 3,250,557,731
Less Total Deductions 901,827,989   901,827,989 901,827,989
Total Taxable Value 2,348,729,742 2,348,729,742 2,348,729,742 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
2,417,149,533 2,348,729,742 2,320,332,526 2,251,912,735


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
68,419,791 96,817,007


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
2,868,509,033 2,800,089,242 2,771,692,026 2,703,272,235

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