taxes Property Tax Assistance

2023 ISD Summary Worksheet

McGregor ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-909/McGregor ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 449,638,459 N/A 449,638,459 449,638,459
B - MULTIFAMILY 23,144,492 N/A 23,144,492 23,144,492
C1 - VACANT LOTS 8,653,490 N/A 8,653,490 8,653,490
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,548,540 N/A 7,548,540 7,548,540
D2 - FARM & RANCH IMP 3,394,445 N/A 3,394,445 3,394,445
E - NON-AG LAND AND IMPROVEMENTS 89,663,848 N/A 89,663,848 89,663,848
F1 - COMMERCIAL REAL 61,235,668 N/A 61,235,668 61,235,668
F2 - INDUSTRIAL REAL 85,629,710 N/A 85,629,710 85,629,710
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 34,350,120 N/A 34,350,120 34,350,120
L1 - COMMERCIAL PERSONAL 66,049,310 N/A 66,049,310 66,049,310
L2 - INDUSTRIAL PERSONAL 163,872,270 N/A 163,872,270 163,872,270
M1 - MOBILE HOMES 1,326,350 N/A 1,326,350 1,326,350
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 369,340 N/A 369,340 369,340
S - SPECIAL INVENTORY 6,480,230 N/A 6,480,230 6,480,230
Subtotal 1,001,356,272 0 1,001,356,272 1,001,356,272
Less Total Deductions 297,270,437 0 297,270,437 297,270,437
Total Taxable Value 704,085,835 0 704,085,835 704,085,835

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

Measure Value Description
T1 778,150,098 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 704,085,835 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 778,150,098 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 704,085,835 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 798,850,098 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 812,650,098 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 723,541,453 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 778,150,098 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 704,085,835 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 778,150,098 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 704,085,835 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 798,850,098 T13 plus the loss to the chapter 313 agreement
T16 812,650,098 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 723,541,453 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 74,064,263 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 20,700,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 13,800,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED


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161-909-02/McGregor ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 449,638,459 N/A 449,638,459 449,638,459
B - MULTIFAMILY 23,144,492 N/A 23,144,492 23,144,492
C1 - VACANT LOTS 8,653,490 N/A 8,653,490 8,653,490
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,548,540 N/A 7,548,540 7,548,540
D2 - FARM & RANCH IMP 3,394,445 N/A 3,394,445 3,394,445
E - NON-AG LAND AND IMPROVEMENTS 89,663,848 N/A 89,663,848 89,663,848
F1 - COMMERCIAL REAL 61,235,668 N/A 61,235,668 61,235,668
F2 - INDUSTRIAL REAL 85,629,710 N/A 85,629,710 85,629,710
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 34,350,120 N/A 34,350,120 34,350,120
L1 - COMMERCIAL PERSONAL 66,049,310 N/A 66,049,310 66,049,310
L2 - INDUSTRIAL PERSONAL 163,872,270 N/A 163,872,270 163,872,270
M1 - MOBILE HOMES 1,326,350 N/A 1,326,350 1,326,350
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 369,340 N/A 369,340 369,340
S - SPECIAL INVENTORY 6,480,230 N/A 6,480,230 6,480,230
Subtotal 1,001,356,272 1,001,356,272 1,001,356,272
Less Total Deductions 297,270,437 297,270,437 297,270,437
Total Taxable Value 704,085,835 704,085,835 704,085,835

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

Measure Value Description
T1 778,150,098 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 704,085,835 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 778,150,098 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 704,085,835 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 798,850,098 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 812,650,098 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 723,541,453 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 778,150,098 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 704,085,835 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 778,150,098 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 704,085,835 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 798,850,098 T13 plus the loss to the chapter 313 agreement
T16 812,650,098 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 723,541,453 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 74,064,263 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 20,700,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 13,800,000 Loss to Second Previous Homestead Increase

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