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2011 ISD Summary Worksheet

124/Jim Hogg

124-901/Jim Hogg ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 78,161,640 .9036 86,500,266 78,161,640
B. Multi-Family Residences 1,820,010 N/A 1,820,010 1,820,010
C. Vacant Lots 3,690,820 N/A 3,690,820 3,690,820
D. Rural Real(Taxable) 72,495,790 .7199 100,695,961 72,495,790
F1. Commercial Real 18,338,230 N/A 18,338,230 18,338,230
F2. Industrial Real 26,952,350 N/A 26,952,350 26,952,350
G. Oil, Gas, Minerals 141,122,320 1.0327 136,653,743 141,122,320
J. Utilities 63,887,680 .9898 64,546,050 63,887,680
L1. Commercial Personal 7,977,150 N/A 7,977,150 7,977,150
L2. Industrial Personal 26,716,920 N/A 26,716,920 26,716,920
M. Other Personal 307,120 N/A 307,120 307,120
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 441,470,030 474,198,620 441,470,030
Less Total Deductions 31,436,883   33,604,669 31,436,883
Total Taxable Value 410,033,147 440,593,951 410,033,147 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 24,806,390 .5314 46,681,201
Prod Value Qualified Acres 47,689,400 .8829 54,014,760
Taxable Value 72,495,790   100,695,961

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
421,384,167 410,033,147 421,384,167 410,033,147 410,033,147 410,033,147


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,351,020 0


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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
421,384,167 410,033,147 421,384,167 410,033,147 410,033,147 410,033,147

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value invalid, but local value was certified because your school district is in year one of the grace period.

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