taxes Property Tax Assistance

2018 ISD Summary Worksheet

132/Kent

132-902/Jayton-Girard ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 8,412,530 N/A 8,412,530 8,412,530
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 451,460 N/A 451,460 451,460
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 24,887,830 .9173 27,131,236 24,887,830
D2. Real Prop Farm & Ranch 664,170 N/A 664,170 664,170
E. Real Prop NonQual Acres 14,448,400 N/A 14,448,400 14,448,400
F1. Commercial Real 1,022,560 N/A 1,022,560 1,022,560
F2. Industrial Real 10,903,420 N/A 10,903,420 10,903,420
G. Oil, Gas, Minerals 320,714,930 .9998 320,779,086 320,714,930
J. Utilities 39,256,270 .7992 49,119,457 39,256,270
L1. Commercial Personal 586,000 N/A 586,000 586,000
L2. Industrial Personal 1,237,170 N/A 1,237,170 1,237,170
M. Other Personal 532,500 N/A 532,500 532,500
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 423,117,240 435,287,989 423,117,240
Less Total Deductions 7,751,832   7,751,832 7,751,832
Total Taxable Value 415,365,408 427,536,157 415,365,408 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
416,820,758 415,365,408 416,072,753 414,617,403


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,455,350 748,005


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
416,820,758 415,365,408 416,072,753 414,617,403

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