taxes Property Tax Assistance

2019 ISD Summary Worksheet

161-McLennan

161-909/McGregor ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 220,280,547 N/A 220,280,547 220,280,547
B. MULTIFAMILY RESIDENCES 7,456,429 N/A 7,456,429 7,456,429
C1. VACANT LOTS 5,199,956 N/A 5,199,956 5,199,956
D1. QUALIFIED AG LAND 7,093,660 N/A 7,093,660 7,093,660
D2. REAL PROP:FARM & RANCH 1,624,533 N/A 1,624,533 1,624,533
E. REAL PROP NONQUAL ACREAGE 44,569,708 N/A 44,569,708 44,569,708
F1. COMMERCIAL REAL 44,821,521 N/A 44,821,521 44,821,521
F2. INDUSTRIAL REAL 54,206,450 N/A 54,206,450 54,206,450
J. UTILITIES 24,545,561 N/A 24,545,561 24,545,561
L1. COMMERCIAL PERSONAL 76,610,520 N/A 76,610,520 76,610,520
L2. INDUSTRIAL PERSONAL 88,127,640 N/A 88,127,640 88,127,640
M. MOBILE HOMES 834,600 N/A 834,600 834,600
O. RESIDENTIAL INVENTORY 712,240 N/A 712,240 712,240
S. SPECIAL INVENTORY 4,883,150 N/A 4,883,150 4,883,150
Subtotal 580,966,515 0 580,966,515 580,966,515
Less Total Deductions 99,938,693 0 99,938,693 99,938,693
Total Taxable Value 481,027,822 0 481,027,822 481,027,822

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
493,269,380 481,027,822 493,269,380 481,027,822


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,241,558 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
493,269,380 481,027,822 493,269,380 481,027,822

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

161-909-02/McGregor ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 220,280,547 N/A 220,280,547 220,280,547
B. MULTIFAMILY RESIDENCES 7,456,429 N/A 7,456,429 7,456,429
C1. VACANT LOTS 5,199,956 N/A 5,199,956 5,199,956
D1. QUALIFIED AG LAND 7,093,660 N/A 7,093,660 7,093,660
D2. REAL PROP:FARM & RANCH 1,624,533 N/A 1,624,533 1,624,533
E. REAL PROP NONQUAL ACREAGE 44,569,708 N/A 44,569,708 44,569,708
F1. COMMERCIAL REAL 44,821,521 N/A 44,821,521 44,821,521
F2. INDUSTRIAL REAL 54,206,450 N/A 54,206,450 54,206,450
J. UTILITIES 24,545,561 N/A 24,545,561 24,545,561
L1. COMMERCIAL PERSONAL 76,610,520 N/A 76,610,520 76,610,520
L2. INDUSTRIAL PERSONAL 88,127,640 N/A 88,127,640 88,127,640
M. MOBILE HOMES 834,600 N/A 834,600 834,600
O. RESIDENTIAL INVENTORY 712,240 N/A 712,240 712,240
S. SPECIAL INVENTORY 4,883,150 N/A 4,883,150 4,883,150
Subtotal 580,966,515 580,966,515 580,966,515
Less Total Deductions 99,938,693 99,938,693 99,938,693
Total Taxable Value 481,027,822 481,027,822 481,027,822

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
493,269,380 481,027,822 493,269,380 481,027,822


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,241,558 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
493,269,380 481,027,822 493,269,380 481,027,822

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