taxes Property Tax Assistance

2017 ISD Summary Worksheet

075/Fayette

075-902/La Grange ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 433,327,322 N/A 433,327,322 433,327,322
B. Multi-Family Residences 9,454,690 N/A 9,454,690 9,454,690
C1. Vacant Lots 14,623,732 N/A 14,623,732 14,623,732
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,988,573 N/A 13,988,573 13,988,573
D2. Real Prop Farm & Ranch 1,562,503 N/A 1,562,503 1,562,503
E. Real Prop NonQual Acres 350,775,786 N/A 350,775,786 350,775,786
F1. Commercial Real 138,508,777 N/A 138,508,777 138,508,777
F2. Industrial Real 82,184,630 N/A 82,184,630 82,184,630
G. Oil, Gas, Minerals 36,416,090 N/A 36,416,090 36,416,090
J. Utilities 85,900,690 N/A 85,900,690 85,900,690
L1. Commercial Personal 43,570,700 N/A 43,570,700 43,570,700
L2. Industrial Personal 52,830,810 N/A 52,830,810 52,830,810
M. Other Personal 9,020,335 N/A 9,020,335 9,020,335
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 7,483,120 N/A 7,483,120 7,483,120
Subtotal 1,279,647,758 1,279,647,758 1,279,647,758
Less Total Deductions 196,475,940   196,475,940 196,475,940
Total Taxable Value 1,083,171,818 1,083,171,818 1,083,171,818 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
1,113,112,317 1,083,171,818 1,113,112,317 1,083,171,818


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
29,940,499 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
1,113,112,317 1,083,171,818 1,113,112,317 1,083,171,818

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