taxes Property Tax Assistance

2017 ISD Summary Worksheet

092/Gregg

092-904/Pine Tree ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 989,298,149 1.0192 970,661,449 989,298,149
B. Multi-Family Residences 88,352,580 .8091 109,198,591 88,352,580
C1. Vacant Lots 10,442,889 N/A 10,442,889 10,442,889
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 627,778 .9343 671,904 627,778
D2. Real Prop Farm & Ranch 215,389 N/A 215,389 215,389
E. Real Prop NonQual Acres 23,761,763 N/A 23,761,763 23,761,763
F1. Commercial Real 205,291,764 .8736 234,995,151 205,291,764
F2. Industrial Real 58,068,600 N/A 58,068,600 58,068,600
G. Oil, Gas, Minerals 27,047,802 N/A 27,047,802 27,047,802
J. Utilities 52,547,400 N/A 52,547,400 52,547,400
L1. Commercial Personal 156,282,836 1.0133 154,231,556 156,282,836
L2. Industrial Personal 237,146,880 N/A 237,146,880 237,146,880
M. Other Personal 4,119,180 N/A 4,119,180 4,119,180
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,133,070 N/A 3,133,070 3,133,070
S. Special Inventory 9,315,230 N/A 9,315,230 9,315,230
Subtotal 1,865,651,310 1,895,556,854 1,865,651,310
Less Total Deductions 298,503,887   292,534,955 298,503,887
Total Taxable Value 1,567,147,423 1,603,021,899 1,567,147,423 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
1,616,234,508 1,567,147,423 1,539,340,410 1,490,253,325


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
49,087,085 76,894,098


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
1,616,234,508 1,567,147,423 1,539,340,410 1,490,253,325

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