taxes Property Tax Assistance

2017 ISD Summary Worksheet

092/Gregg

092-908/White Oak ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 258,969,881 .9718 266,484,751 258,969,881
B. Multi-Family Residences 13,410,810 N/A 13,410,810 13,410,810
C1. Vacant Lots 2,709,249 N/A 2,709,249 2,709,249
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 486,150 .9634 504,618 486,150
D2. Real Prop Farm & Ranch 57,970 N/A 57,970 57,970
E. Real Prop NonQual Acres 23,687,532 .7967 29,732,060 23,687,532
F1. Commercial Real 21,071,214 .8609 24,475,797 21,071,214
F2. Industrial Real 5,587,400 N/A 5,587,400 5,587,400
G. Oil, Gas, Minerals 25,635,812 1.0378 24,702,074 25,635,812
J. Utilities 16,268,332 N/A 16,268,332 16,268,332
L1. Commercial Personal 16,636,573 N/A 16,636,573 16,636,573
L2. Industrial Personal 41,102,010 N/A 41,102,010 41,102,010
M. Other Personal 1,381,570 N/A 1,381,570 1,381,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 359,710 N/A 359,710 359,710
S. Special Inventory 221,630 N/A 221,630 221,630
Subtotal 427,585,843 443,634,554 427,585,843
Less Total Deductions 80,365,838   82,393,866 80,365,838
Total Taxable Value 347,220,005 361,240,688 347,220,005 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
361,502,039 347,220,005 338,641,091 324,359,057


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,282,034 22,860,948


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
361,502,039 347,220,005 338,641,091 324,359,057

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