taxes Property Tax Assistance

2016 ISD Summary Worksheet

092/Gregg

092-902/Kilgore ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 330,795,352 N/A 330,795,352 330,795,352
B. Multi-Family Residences 23,231,240 N/A 23,231,240 23,231,240
C1. Vacant Lots 8,127,817 N/A 8,127,817 8,127,817
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,394,123 N/A 1,394,123 1,394,123
D2. Real Prop Farm & Ranch 776,810 N/A 776,810 776,810
E. Real Prop NonQual Acres 49,653,554 N/A 49,653,554 49,653,554
F1. Commercial Real 154,204,556 N/A 154,204,556 154,204,556
F2. Industrial Real 75,276,734 N/A 75,276,734 75,276,734
G. Oil, Gas, Minerals 13,204,670 N/A 13,204,670 13,204,670
J. Utilities 39,058,760 N/A 39,058,760 39,058,760
L1. Commercial Personal 244,402,135 N/A 244,402,135 244,402,135
L2. Industrial Personal 346,010,830 N/A 346,010,830 346,010,830
M. Other Personal 4,605,711 N/A 4,605,711 4,605,711
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 618,570 N/A 618,570 618,570
S. Special Inventory 8,367,050 N/A 8,367,050 8,367,050
Subtotal 1,299,727,912 1,299,727,912 1,299,727,912
Less Total Deductions 182,610,317   182,610,317 182,610,317
Total Taxable Value 1,117,117,595 1,117,117,595 1,117,117,595 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
1,137,609,377 1,117,117,595 1,137,609,377 1,117,117,595


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,491,782 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
1,137,609,377 1,117,117,595 1,137,609,377 1,117,117,595

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

201/Rusk

092-902/Kilgore ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 328,699,330 .9738 337,542,955 328,699,330
B. Multi-Family Residences 991,200 N/A 991,200 991,200
C1. Vacant Lots 14,688,140 N/A 14,688,140 14,688,140
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,828,400 1.1099 2,548,282 2,828,400
D2. Real Prop Farm & Ranch 4,411,830 N/A 4,411,830 4,411,830
E. Real Prop NonQual Acres 47,459,030 1.0026 47,335,957 47,459,030
F1. Commercial Real 9,834,100 N/A 9,834,100 9,834,100
F2. Industrial Real 11,078,290 N/A 11,078,290 11,078,290
G. Oil, Gas, Minerals 19,741,120 1.0147 19,455,130 19,741,120
J. Utilities 23,851,490 1.0585 22,533,292 23,851,490
L1. Commercial Personal 5,837,150 N/A 5,837,150 5,837,150
L2. Industrial Personal 45,616,140 N/A 45,616,140 45,616,140
M. Other Personal 4,785,530 N/A 4,785,530 4,785,530
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 177,150 N/A 177,150 177,150
Subtotal 519,998,900 526,835,146 519,998,900
Less Total Deductions 113,359,298   116,028,785 113,359,298
Total Taxable Value 406,639,602 410,806,361 406,639,602 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
427,335,552 406,639,602 427,335,552 406,639,602


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,695,950 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
427,335,552 406,639,602 427,335,552 406,639,602

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

092-902/Kilgore ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 659,494,682 .9868 668,338,307 659,494,682
B. Multi-Family Residences 24,222,440 N/A 24,222,440 24,222,440
C1. Vacant Lots 22,815,957 N/A 22,815,957 22,815,957
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,222,523 1.0711 3,942,405 4,222,523
D2. Real Prop Farm & Ranch 5,188,640 N/A 5,188,640 5,188,640
E. Real Prop NonQual Acres 97,112,584 1.0013 96,989,511 97,112,584
F1. Commercial Real 164,038,656 N/A 164,038,656 164,038,656
F2. Industrial Real 86,355,024 N/A 86,355,024 86,355,024
G. Oil, Gas, Minerals 32,945,790 1.0088 32,659,800 32,945,790
J. Utilities 62,910,250 1.0214 61,592,052 62,910,250
L1. Commercial Personal 250,239,285 N/A 250,239,285 250,239,285
L2. Industrial Personal 391,626,970 N/A 391,626,970 391,626,970
M. Other Personal 9,391,241 N/A 9,391,241 9,391,241
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 618,570 N/A 618,570 618,570
S. Special Inventory 8,544,200 N/A 8,544,200 8,544,200
Subtotal 1,819,726,812 1,826,563,058 1,819,726,812
Less Total Deductions 295,969,615   298,639,102 295,969,615
Total Taxable Value 1,523,757,197 1,527,923,956 1,523,757,197 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