taxes Property Tax Assistance

2017 ISD Summary Worksheet

155/Marion

155-901/Jefferson ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 288,985,990 N/A 288,985,990 288,985,990
B. Multi-Family Residences 1,463,420 N/A 1,463,420 1,463,420
C1. Vacant Lots 29,448,980 N/A 29,448,980 29,448,980
C2. Colonia Lots 83,140 N/A 83,140 83,140
D1. Rural Real(Taxable) 44,304,580 N/A 44,304,580 44,304,580
D2. Real Prop Farm & Ranch 10,994,950 N/A 10,994,950 10,994,950
E. Real Prop NonQual Acres 76,327,420 N/A 76,327,420 76,327,420
F1. Commercial Real 46,317,360 N/A 46,317,360 46,317,360
F2. Industrial Real 111,362,410 N/A 111,362,410 111,362,410
G. Oil, Gas, Minerals 34,938,490 N/A 34,938,490 34,938,490
J. Utilities 59,118,970 N/A 59,118,970 59,118,970
L1. Commercial Personal 11,227,500 N/A 11,227,500 11,227,500
L2. Industrial Personal 34,023,460 N/A 34,023,460 34,023,460
M. Other Personal 9,780,260 N/A 9,780,260 9,780,260
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 124,360 N/A 124,360 124,360
S. Special Inventory 1,197,800 N/A 1,197,800 1,197,800
Subtotal 759,699,090 759,699,090 759,699,090
Less Total Deductions 127,910,993   127,910,993 127,910,993
Total Taxable Value 631,788,097 631,788,097 631,788,097 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
653,880,177 631,788,097 643,642,347 621,550,267


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,092,080 10,237,830


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
653,880,177 631,788,097 643,642,347 621,550,267

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