taxes Property Tax Assistance

2017 ISD Summary Worksheet

124/Jim Hogg

124-901/Jim Hogg County ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 102,902,410 .9872 104,236,639 102,902,410
B. Multi-Family Residences 1,986,740 N/A 1,986,740 1,986,740
C1. Vacant Lots 5,940,080 N/A 5,940,080 5,940,080
C2. Colonia Lots 1,127,080 N/A 1,127,080 1,127,080
D1. Rural Real(Taxable) 51,334,270 .8526 60,208,066 51,334,270
D2. Real Prop Farm & Ranch 14,872,800 N/A 14,872,800 14,872,800
E. Real Prop NonQual Acres 14,151,240 .9344 15,144,735 14,151,240
F1. Commercial Real 23,061,370 1.0092 22,851,140 23,061,370
F2. Industrial Real 128,339,190 N/A 128,339,190 128,339,190
G. Oil, Gas, Minerals 24,897,670 1.0128 24,583,008 24,897,670
J. Utilities 53,969,500 .9356 57,684,374 53,969,500
L1. Commercial Personal 7,981,390 N/A 7,981,390 7,981,390
L2. Industrial Personal 17,653,110 N/A 17,653,110 17,653,110
M. Other Personal 214,530 N/A 214,530 214,530
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 448,431,380 462,822,882 448,431,380
Less Total Deductions 133,228,358   133,538,347 133,228,358
Total Taxable Value 315,203,022 329,284,535 315,203,022 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
324,254,252 315,203,022 320,820,372 311,769,142


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,051,230 3,433,880


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
416,750,402 407,699,172 413,316,522 404,265,292

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