taxes Property Tax Assistance

2017 ISD Summary Worksheet

092/Gregg

092-903/Longview ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,988,868,052 .9935 2,001,880,274 1,988,868,052
B. Multi-Family Residences 203,808,289 .7694 264,892,499 203,808,289
C1. Vacant Lots 58,353,660 N/A 58,353,660 58,353,660
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,955,258 .9799 5,056,847 4,955,258
D2. Real Prop Farm & Ranch 2,366,192 N/A 2,366,192 2,366,192
E. Real Prop NonQual Acres 220,764,313 1.0670 206,901,887 220,764,313
F1. Commercial Real 942,926,625 .9091 1,037,208,915 942,926,625
F2. Industrial Real 106,596,180 N/A 106,596,180 106,596,180
G. Oil, Gas, Minerals 40,830,829 N/A 40,830,829 40,830,829
J. Utilities 138,757,110 N/A 138,757,110 138,757,110
L1. Commercial Personal 546,595,185 .9714 562,688,064 546,595,185
L2. Industrial Personal 329,601,350 N/A 329,601,350 329,601,350
M. Other Personal 7,574,810 N/A 7,574,810 7,574,810
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 13,088,904 N/A 13,088,904 13,088,904
S. Special Inventory 48,090,140 N/A 48,090,140 48,090,140
Subtotal 4,653,176,897 4,823,887,661 4,653,176,897
Less Total Deductions 551,382,861   555,956,111 551,382,861
Total Taxable Value 4,101,794,036 4,267,931,550 4,101,794,036 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
4,200,695,054 4,101,794,036 4,200,695,054 4,101,794,036


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
98,901,018 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
4,200,695,054 4,101,794,036 4,200,695,054 4,101,794,036

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