taxes Property Tax Assistance

2022 ISD Summary Worksheet

124-Jim Hogg /Jim Hogg County

124-901/Jim Hogg County ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 119,154,400 0.8135 146,471,297 146,471,297
B - MULTIFAMILY 4,524,100 N/A 4,524,100 4,524,100
C1 - VACANT LOTS 4,868,560 N/A 4,868,560 4,868,560
C2 - COLONIA LOTS 772,530 N/A 772,530 772,530
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,142,870 1.0787 46,485,166 46,485,166
D2 - FARM & RANCH IMP 19,894,160 0.8447 23,551,746 23,551,746
E - NON-AG LAND AND IMPROVEMENTS 19,570,180 0.6866 28,503,029 28,503,029
F1 - COMMERCIAL REAL 24,027,730 0.8500 28,267,918 28,267,918
F2 - INDUSTRIAL REAL 102,113,750 N/A 102,113,750 102,113,750
G - ALL MINERALS 20,801,370 N/A 20,801,370 20,801,370
J - ALL UTILITIES 52,519,730 1.0062 52,196,114 52,196,114
L1 - COMMERCIAL PERSONAL 9,679,681 N/A 9,679,681 9,679,681
L2 - INDUSTRIAL PERSONAL 7,130,510 N/A 7,130,510 7,130,510
M1 - MOBILE HOMES 161,690 N/A 161,690 161,690
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 435,361,261 0 475,527,461 475,527,461
Less Total Deductions 42,224,080 0 42,382,306 42,382,306
Total Taxable Value 393,137,181 0 433,145,155 433,145,155

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 T13
443,499,975 433,145,155 443,499,975 433,145,155 453,989,975


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
10,354,820 0 10,490,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
443,499,975 433,145,155 443,499,975 433,145,155 453,989,975

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

124-901-02/Jim Hogg County ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 119,154,400 0.8135 146,471,297 146,471,297
B - MULTIFAMILY 4,524,100 N/A 4,524,100 4,524,100
C1 - VACANT LOTS 4,868,560 N/A 4,868,560 4,868,560
C2 - COLONIA LOTS 772,530 N/A 772,530 772,530
D1 ACRES - QUALIFIED OPEN-SPACE LAND 50,142,870 1.0787 46,485,166 46,485,166
D2 - FARM & RANCH IMP 19,894,160 0.8447 23,551,746 23,551,746
E - NON-AG LAND AND IMPROVEMENTS 19,570,180 0.6866 28,503,029 28,503,029
F1 - COMMERCIAL REAL 24,027,730 0.8500 28,267,918 28,267,918
F2 - INDUSTRIAL REAL 102,113,750 N/A 102,113,750 102,113,750
G - ALL MINERALS 20,801,370 N/A 20,801,370 20,801,370
J - ALL UTILITIES 52,519,730 1.0062 52,196,114 52,196,114
L1 - COMMERCIAL PERSONAL 9,679,681 N/A 9,679,681 9,679,681
L2 - INDUSTRIAL PERSONAL 7,130,510 N/A 7,130,510 7,130,510
M1 - MOBILE HOMES 161,690 N/A 161,690 161,690
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 435,361,261 475,527,461 475,527,461
Less Total Deductions 42,224,080 42,382,306 42,382,306
Total Taxable Value 393,137,181 433,145,155 433,145,155

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 T13
443,499,975 433,145,155 443,499,975 433,145,155 453,989,975


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
10,354,820 0 10,490,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
443,499,975 433,145,155 443,499,975 433,145,155 453,989,975

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement