taxes Property Tax Assistance

2021 ISD Summary Worksheet

092-Gregg /Gregg County

092-908/White Oak ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 286,668,657 0.9280 308,910,191 286,668,657
B - MULTIFAMILY 17,362,460 N/A 17,362,460 17,362,460
C1 - VACANT LOTS 2,892,692 N/A 2,892,692 2,892,692
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 326,221 0.9184 355,209 326,221
D2 - FARM & RANCH IMP 115,450 N/A 115,450 115,450
E - NON-AG LAND AND IMPROVEMENTS 32,636,746 0.9631 33,887,183 32,636,746
F1 - COMMERCIAL REAL 21,767,010 N/A 21,767,010 21,767,010
F2 - INDUSTRIAL REAL 5,801,270 N/A 5,801,270 5,801,270
G - ALL MINERALS 14,916,600 0.9790 15,236,568 14,916,600
J - ALL UTILITIES 14,677,260 N/A 14,677,260 14,677,260
L1 - COMMERCIAL PERSONAL 15,523,400 N/A 15,523,400 15,523,400
L2 - INDUSTRIAL PERSONAL 37,581,910 N/A 37,581,910 37,581,910
M1 - MOBILE HOMES 1,525,830 N/A 1,525,830 1,525,830
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 289,120 N/A 289,120 289,120
S - SPECIAL INVENTORY 13,410 N/A 13,410 13,410
Subtotal 452,098,036 0 475,938,963 452,098,036
Less Total Deductions 82,417,336 0 88,698,985 82,417,336
Total Taxable Value 369,680,700 0 387,239,978 369,680,700

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
383,679,656 369,680,700 358,831,964 344,833,008


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,998,956 24,847,692


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
383,679,656 369,680,700 358,831,964 344,833,008

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

092-908-02/White Oak ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 286,668,657 0.9280 308,910,191 286,668,657
B - MULTIFAMILY 17,362,460 N/A 17,362,460 17,362,460
C1 - VACANT LOTS 2,892,692 N/A 2,892,692 2,892,692
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 326,221 0.9184 355,209 326,221
D2 - FARM & RANCH IMP 115,450 N/A 115,450 115,450
E - NON-AG LAND AND IMPROVEMENTS 32,636,746 0.9631 33,887,183 32,636,746
F1 - COMMERCIAL REAL 21,767,010 N/A 21,767,010 21,767,010
F2 - INDUSTRIAL REAL 5,801,270 N/A 5,801,270 5,801,270
G - ALL MINERALS 14,916,600 0.9790 15,236,568 14,916,600
J - ALL UTILITIES 14,677,260 N/A 14,677,260 14,677,260
L1 - COMMERCIAL PERSONAL 15,523,400 N/A 15,523,400 15,523,400
L2 - INDUSTRIAL PERSONAL 37,581,910 N/A 37,581,910 37,581,910
M1 - MOBILE HOMES 1,525,830 N/A 1,525,830 1,525,830
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 289,120 N/A 289,120 289,120
S - SPECIAL INVENTORY 13,410 N/A 13,410 13,410
Subtotal 452,098,036 475,938,963 452,098,036
Less Total Deductions 82,417,336 88,698,985 82,417,336
Total Taxable Value 369,680,700 387,239,978 369,680,700

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
383,679,656 369,680,700 358,831,964 344,833,008


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,998,956 24,847,692


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
383,679,656 369,680,700 358,831,964 344,833,008

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