taxes Property Tax Assistance

2016 ISD Summary Worksheet

092/Gregg

092-908/White Oak ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 254,706,107 N/A 254,706,107 254,706,107
B. Multi-Family Residences 13,161,630 N/A 13,161,630 13,161,630
C1. Vacant Lots 2,252,239 N/A 2,252,239 2,252,239
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 485,996 N/A 485,996 485,996
D2. Real Prop Farm & Ranch 57,970 N/A 57,970 57,970
E. Real Prop NonQual Acres 22,678,327 N/A 22,678,327 22,678,327
F1. Commercial Real 20,379,880 N/A 20,379,880 20,379,880
F2. Industrial Real 5,412,680 N/A 5,412,680 5,412,680
G. Oil, Gas, Minerals 18,701,450 N/A 18,701,450 18,701,450
J. Utilities 16,595,277 N/A 16,595,277 16,595,277
L1. Commercial Personal 17,549,962 N/A 17,549,962 17,549,962
L2. Industrial Personal 35,920,510 N/A 35,920,510 35,920,510
M. Other Personal 1,323,460 N/A 1,323,460 1,323,460
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 506,150 N/A 506,150 506,150
S. Special Inventory 209,380 N/A 209,380 209,380
Subtotal 409,941,018 409,941,018 409,941,018
Less Total Deductions 77,701,571   77,701,571 77,701,571
Total Taxable Value 332,239,447 332,239,447 332,239,447 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
346,570,660 332,239,447 324,053,686 309,722,473


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,331,213 22,516,974


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
346,570,660 332,239,447 324,053,686 309,722,473

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