taxes Property Tax Assistance

2016 ISD Summary Worksheet

075/Fayette

075-902/La Grange ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 417,353,821 .9615 434,065,336 417,353,821
B. Multi-Family Residences 8,807,207 N/A 8,807,207 8,807,207
C1. Vacant Lots 13,911,853 N/A 13,911,853 13,911,853
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,291,321 1.0461 13,661,414 14,291,321
D2. Real Prop Farm & Ranch 739,571 N/A 739,571 739,571
E. Real Prop NonQual Acres 336,997,552 .9852 342,060,041 336,997,552
F1. Commercial Real 131,041,765 .8548 153,301,082 131,041,765
F2. Industrial Real 85,679,530 N/A 85,679,530 85,679,530
G. Oil, Gas, Minerals 32,456,640 1.0236 31,708,324 32,456,640
J. Utilities 95,504,430 .8064 118,433,073 95,504,430
L1. Commercial Personal 46,725,050 N/A 46,725,050 46,725,050
L2. Industrial Personal 85,060,970 N/A 85,060,970 85,060,970
M. Other Personal 8,961,815 N/A 8,961,815 8,961,815
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 6,251,970 N/A 6,251,970 6,251,970
Subtotal 1,283,783,495 1,349,367,236 1,283,783,495
Less Total Deductions 176,094,891   184,947,915 176,094,891
Total Taxable Value 1,107,688,604 1,164,419,321 1,107,688,604 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
1,137,580,519 1,107,688,604 1,137,580,519 1,107,688,604


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
29,891,915 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
1,137,580,519 1,107,688,604 1,137,580,519 1,107,688,604

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