taxes Property Tax Assistance

2016 ISD Summary Worksheet

037/Cherokee

212-904/Troup ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 27,519,320 N/A 27,519,320 27,519,320
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,979,800 N/A 1,979,800 1,979,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,544,530 N/A 3,544,530 3,544,530
D2. Real Prop Farm & Ranch 1,330,060 N/A 1,330,060 1,330,060
E. Real Prop NonQual Acres 63,619,020 N/A 63,619,020 63,619,020
F1. Commercial Real 377,890 N/A 377,890 377,890
F2. Industrial Real 1,769,350 N/A 1,769,350 1,769,350
G. Oil, Gas, Minerals 33,455,059 N/A 33,455,059 33,455,059
J. Utilities 21,376,850 N/A 21,376,850 21,376,850
L1. Commercial Personal 679,010 N/A 679,010 679,010
L2. Industrial Personal 3,192,010 N/A 3,192,010 3,192,010
M. Other Personal 1,009,140 N/A 1,009,140 1,009,140
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 159,852,039 159,852,039 159,852,039
Less Total Deductions 24,235,349   24,235,349 24,235,349
Total Taxable Value 135,616,690 135,616,690 135,616,690 T2

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
140,280,494 135,616,690 140,280,494 135,616,690


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,663,804 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
140,280,494 135,616,690 140,280,494 135,616,690

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 61,664,354 N/A 61,664,354 61,664,354
B. Multi-Family Residences 2,236,209 N/A 2,236,209 2,236,209
C1. Vacant Lots 3,708,535 N/A 3,708,535 3,708,535
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,112,967 N/A 3,112,967 3,112,967
D2. Real Prop Farm & Ranch 1,474,904 N/A 1,474,904 1,474,904
E. Real Prop NonQual Acres 39,434,797 N/A 39,434,797 39,434,797
F1. Commercial Real 10,892,669 N/A 10,892,669 10,892,669
F2. Industrial Real 1,075,978 N/A 1,075,978 1,075,978
G. Oil, Gas, Minerals 62,378,874 N/A 62,378,874 62,378,874
J. Utilities 18,139,339 N/A 18,139,339 18,139,339
L1. Commercial Personal 7,976,786 N/A 7,976,786 7,976,786
L2. Industrial Personal 7,335,711 N/A 7,335,711 7,335,711
M. Other Personal 1,769,777 N/A 1,769,777 1,769,777
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 80,740 N/A 80,740 80,740
S. Special Inventory 7,322 N/A 7,322 7,322
Subtotal 221,288,962 221,288,962 221,288,962
Less Total Deductions 28,333,716   28,333,716 28,333,716
Total Taxable Value 192,955,246 192,955,246 192,955,246 T2

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
198,814,003 192,955,246 198,814,003 192,955,246


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,858,757 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
198,814,003 192,955,246 198,814,003 192,955,246

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/Troup ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 89,183,674 N/A 89,183,674 89,183,674
B. Multi-Family Residences 2,236,209 N/A 2,236,209 2,236,209
C1. Vacant Lots 5,688,335 N/A 5,688,335 5,688,335
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,657,497 N/A 6,657,497 6,657,497
D2. Real Prop Farm & Ranch 2,804,964 N/A 2,804,964 2,804,964
E. Real Prop NonQual Acres 103,053,817 N/A 103,053,817 103,053,817
F1. Commercial Real 11,270,559 N/A 11,270,559 11,270,559
F2. Industrial Real 2,845,328 N/A 2,845,328 2,845,328
G. Oil, Gas, Minerals 95,833,933 N/A 95,833,933 95,833,933
J. Utilities 39,516,189 N/A 39,516,189 39,516,189
L1. Commercial Personal 8,655,796 N/A 8,655,796 8,655,796
L2. Industrial Personal 10,527,721 N/A 10,527,721 10,527,721
M. Other Personal 2,778,917 N/A 2,778,917 2,778,917
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 80,740 N/A 80,740 80,740
S. Special Inventory 7,322 N/A 7,322 7,322
Subtotal 381,141,001 381,141,001 381,141,001
Less Total Deductions 52,569,065   52,569,065 52,569,065
Total Taxable Value 328,571,936 328,571,936 328,571,936 T2

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