taxes Property Tax Assistance

2022 ISD Summary Worksheet

075-Fayette /Fayette County

075-902/La Grange ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 650,797,200 0.7975 816,046,646 816,046,646
B - MULTIFAMILY 16,094,428 N/A 16,094,428 16,094,428
C1 - VACANT LOTS 16,928,722 N/A 16,928,722 16,928,722
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,558,069 1.0337 12,148,817 12,148,817
D2 - FARM & RANCH IMP 6,648,441 N/A 6,648,441 6,648,441
E - NON-AG LAND AND IMPROVEMENTS 521,431,981 0.7095 734,928,796 734,928,796
F1 - COMMERCIAL REAL 171,214,217 0.8960 191,087,296 191,087,296
F2 - INDUSTRIAL REAL 80,532,310 N/A 80,532,310 80,532,310
G - ALL MINERALS 144,984,850 N/A 144,984,850 144,984,850
J - ALL UTILITIES 105,661,491 0.4749 222,492,085 222,492,085
L1 - COMMERCIAL PERSONAL 77,012,620 N/A 77,012,620 77,012,620
L2 - INDUSTRIAL PERSONAL 53,661,430 N/A 53,661,430 53,661,430
M1 - MOBILE HOMES 11,931,220 N/A 11,931,220 11,931,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,670,020 N/A 8,670,020 8,670,020
Subtotal 1,878,126,999 0 2,393,167,681 2,393,167,681
Less Total Deductions 202,881,614 0 306,158,804 306,158,804
Total Taxable Value 1,675,245,385 0 2,087,008,877 2,087,008,877

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
2,130,862,116 2,087,008,877 2,130,862,116 2,087,008,877 2,165,362,116


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
43,853,239 0 34,500,000


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
2,130,862,116 2,087,008,877 2,130,862,116 2,087,008,877 2,165,362,116

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)

075-902-02/La Grange ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 650,797,200 0.7975 816,046,646 816,046,646
B - MULTIFAMILY 16,094,428 N/A 16,094,428 16,094,428
C1 - VACANT LOTS 16,928,722 N/A 16,928,722 16,928,722
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,558,069 1.0337 12,148,817 12,148,817
D2 - FARM & RANCH IMP 6,648,441 N/A 6,648,441 6,648,441
E - NON-AG LAND AND IMPROVEMENTS 521,431,981 0.7095 734,928,796 734,928,796
F1 - COMMERCIAL REAL 171,214,217 0.8960 191,087,296 191,087,296
F2 - INDUSTRIAL REAL 80,532,310 N/A 80,532,310 80,532,310
G - ALL MINERALS 144,984,850 N/A 144,984,850 144,984,850
J - ALL UTILITIES 105,661,491 0.4749 222,492,085 222,492,085
L1 - COMMERCIAL PERSONAL 77,012,620 N/A 77,012,620 77,012,620
L2 - INDUSTRIAL PERSONAL 53,661,430 N/A 53,661,430 53,661,430
M1 - MOBILE HOMES 11,931,220 N/A 11,931,220 11,931,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,670,020 N/A 8,670,020 8,670,020
Subtotal 1,878,126,999 2,393,167,681 2,393,167,681
Less Total Deductions 202,881,614 306,158,804 306,158,804
Total Taxable Value 1,675,245,385 2,087,008,877 2,087,008,877

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
2,130,862,116 2,087,008,877 2,130,862,116 2,087,008,877 2,165,362,116


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
43,853,239 0 34,500,000


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
2,130,862,116 2,087,008,877 2,130,862,116 2,087,008,877 2,165,362,116

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