taxes Property Tax Assistance

2018 ISD Summary Worksheet

075/Fayette

075-902/La Grange ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 482,733,932 .9835 490,832,671 482,733,932
B. Multi-Family Residences 9,546,680 N/A 9,546,680 9,546,680
C1. Vacant Lots 15,525,900 N/A 15,525,900 15,525,900
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,613,292 1.2200 11,158,452 13,613,292
D2. Real Prop Farm & Ranch 2,937,264 N/A 2,937,264 2,937,264
E. Real Prop NonQual Acres 394,534,196 .9612 410,460,046 394,534,196
F1. Commercial Real 143,362,847 .9715 147,568,551 143,362,847
F2. Industrial Real 78,795,700 N/A 78,795,700 78,795,700
G. Oil, Gas, Minerals 46,504,750 N/A 46,504,750 46,504,750
J. Utilities 86,682,260 .9475 91,485,235 86,682,260
L1. Commercial Personal 44,589,650 N/A 44,589,650 44,589,650
L2. Industrial Personal 40,300,110 N/A 40,300,110 40,300,110
M. Other Personal 6,283,685 N/A 6,283,685 6,283,685
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 8,317,290 N/A 8,317,290 8,317,290
Subtotal 1,373,727,556 1,404,305,984 1,373,727,556
Less Total Deductions 224,289,473   229,023,097 224,289,473
Total Taxable Value 1,149,438,083 1,175,282,887 1,149,438,083 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
1,179,436,540 1,149,438,083 1,179,436,540 1,149,438,083


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
29,998,457 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
1,179,436,540 1,149,438,083 1,179,436,540 1,149,438,083

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