taxes Property Tax Assistance

2019 ISD Summary Worksheet

037-Cherokee

212-904/Troup ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 37,611,306 1.0522 35,745,396 37,611,306
C1. VACANT LOTS 2,705,631 N/A 2,705,631 2,705,631
D1. QUALIFIED AG LAND 3,726,480 1.0311 3,614,239 3,726,480
D2. REAL PROP:FARM & RANCH 1,812,050 N/A 1,812,050 1,812,050
E. REAL PROP NONQUAL ACREAGE 84,695,330 1.0195 83,075,360 84,695,330
F1. COMMERCIAL REAL 419,490 N/A 419,490 419,490
F2. INDUSTRIAL REAL 1,824,460 N/A 1,824,460 1,824,460
G. OIL,GAS,MINERALS 77,322,635 1.0064 76,830,917 77,322,635
J. UTILITIES 19,733,460 0.9705 20,333,292 19,733,460
L1. COMMERCIAL PERSONAL 1,098,060 N/A 1,098,060 1,098,060
L2. INDUSTRIAL PERSONAL 4,158,410 N/A 4,158,410 4,158,410
M. MOBILE HOMES 1,392,770 N/A 1,392,770 1,392,770
Subtotal 236,500,082 0 233,010,075 236,500,082
Less Total Deductions 31,475,379 0 29,501,106 31,475,379
Total Taxable Value 205,024,703 0 203,508,969 205,024,703

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
209,968,659 205,024,703 209,968,659 205,024,703


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,943,956 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
209,968,659 205,024,703 209,968,659 205,024,703

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

212-Smith

212-904/Troup ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 71,814,861 0.9889 72,620,954 71,814,861
B. MULTIFAMILY RESIDENCES 2,305,037 N/A 2,305,037 2,305,037
C1. VACANT LOTS 3,731,564 N/A 3,731,564 3,731,564
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 3,207,484 1.1008 2,913,837 3,207,484
D2. REAL PROP:FARM & RANCH 1,506,523 N/A 1,506,523 1,506,523
E. REAL PROP NONQUAL ACREAGE 46,845,030 0.9882 47,404,402 46,845,030
F1. COMMERCIAL REAL 11,103,918 0.8015 13,853,921 11,103,918
F2. INDUSTRIAL REAL 750,610 N/A 750,610 750,610
G. OIL,GAS,MINERALS 76,690,256 1.0005 76,651,930 76,690,256
J. UTILITIES 22,808,396 0.9743 23,410,034 22,808,396
L1. COMMERCIAL PERSONAL 8,703,021 N/A 8,703,021 8,703,021
L2. INDUSTRIAL PERSONAL 5,928,759 N/A 5,928,759 5,928,759
M. MOBILE HOMES 2,053,319 N/A 2,053,319 2,053,319
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 52,780 N/A 52,780 52,780
S. SPECIAL INVENTORY 558 N/A 558 558
Subtotal 257,502,116 0 261,887,249 257,502,116
Less Total Deductions 34,905,572 0 35,243,943 34,905,572
Total Taxable Value 222,596,544 0 226,643,306 222,596,544

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
228,676,215 222,596,544 228,676,215 222,596,544


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,079,671 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
228,676,215 222,596,544 228,676,215 222,596,544

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

212-904-02/Troup ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 109,426,167 1.0098 108,366,350 109,426,167
B. MULTIFAMILY RESIDENCES 2,305,037 N/A 2,305,037 2,305,037
C1. VACANT LOTS 6,437,195 N/A 6,437,195 6,437,195
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,933,964 1.0622 6,528,076 6,933,964
D2. REAL PROP:FARM & RANCH 3,318,573 N/A 3,318,573 3,318,573
E. REAL PROP NONQUAL ACREAGE 131,540,360 1.0081 130,479,762 131,540,360
F1. COMMERCIAL REAL 11,523,408 0.8073 14,273,411 11,523,408
F2. INDUSTRIAL REAL 2,575,070 N/A 2,575,070 2,575,070
G. OIL,GAS,MINERALS 154,012,891 1.0035 153,482,847 154,012,891
J. UTILITIES 42,541,856 0.9725 43,743,326 42,541,856
L1. COMMERCIAL PERSONAL 9,801,081 N/A 9,801,081 9,801,081
L2. INDUSTRIAL PERSONAL 10,087,169 N/A 10,087,169 10,087,169
M. MOBILE HOMES 3,446,089 N/A 3,446,089 3,446,089
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 52,780 N/A 52,780 52,780
S. SPECIAL INVENTORY 558 N/A 558 558
Subtotal 494,002,198 494,897,324 494,002,198
Less Total Deductions 66,380,951 64,745,049 66,380,951
Total Taxable Value 427,621,247 430,152,275 427,621,247

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
438,644,874 427,621,247 438,644,874 427,621,247


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,023,627 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
438,644,874 427,621,247 438,644,874 427,621,247

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