taxes Property Tax Assistance

2016 ISD Summary Worksheet

003/Angelina

003-903/Lufkin ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,278,599,572 .9855 1,297,412,047 1,278,599,572
B. Multi-Family Residences 47,366,320 N/A 47,366,320 47,366,320
C1. Vacant Lots 57,692,694 N/A 57,692,694 57,692,694
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,346,059 1.1014 10,301,619 11,346,059
D2. Real Prop Farm & Ranch 2,874,125 N/A 2,874,125 2,874,125
E. Real Prop NonQual Acres 107,408,133 N/A 107,408,133 107,408,133
F1. Commercial Real 450,753,136 .9357 481,728,263 450,753,136
F2. Industrial Real 37,901,640 N/A 37,901,640 37,901,640
G. Oil, Gas, Minerals 1,365,166 N/A 1,365,166 1,365,166
J. Utilities 104,447,510 N/A 104,447,510 104,447,510
L1. Commercial Personal 258,166,465 .9825 262,764,850 258,166,465
L2. Industrial Personal 215,210,320 N/A 215,210,320 215,210,320
M. Other Personal 13,932,410 N/A 13,932,410 13,932,410
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,693,090 N/A 3,693,090 3,693,090
S. Special Inventory 38,326,270 N/A 38,326,270 38,326,270
Subtotal 2,629,082,910 2,682,424,457 2,629,082,910
Less Total Deductions 404,053,865   410,117,113 404,053,865
Total Taxable Value 2,225,029,045 2,272,307,344 2,225,029,045 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
2,301,279,282 2,225,029,045 2,301,279,282 2,225,029,045


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
76,250,237 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
2,301,279,282 2,225,029,045 2,301,279,282 2,225,029,045

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