taxes Property Tax Assistance

2018 ISD Summary Worksheet

092/Gregg

092-903/Longview ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 2,008,191,343 N/A 2,008,191,343 2,008,191,343
B. Multi-Family Residences 196,491,222 N/A 196,491,222 196,491,222
C1. Vacant Lots 64,290,377 N/A 64,290,377 64,290,377
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,259,145 N/A 5,259,145 5,259,145
D2. Real Prop Farm & Ranch 2,386,132 N/A 2,386,132 2,386,132
E. Real Prop NonQual Acres 226,562,825 N/A 226,562,825 226,562,825
F1. Commercial Real 963,803,431 N/A 963,803,431 963,803,431
F2. Industrial Real 103,509,260 N/A 103,509,260 103,509,260
G. Oil, Gas, Minerals 52,078,542 N/A 52,078,542 52,078,542
J. Utilities 138,234,950 N/A 138,234,950 138,234,950
L1. Commercial Personal 548,592,788 N/A 548,592,788 548,592,788
L2. Industrial Personal 362,343,330 N/A 362,343,330 362,343,330
M. Other Personal 7,573,470 N/A 7,573,470 7,573,470
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,638,854 N/A 10,638,854 10,638,854
S. Special Inventory 45,628,220 N/A 45,628,220 45,628,220
Subtotal 4,735,583,889 4,735,583,889 4,735,583,889
Less Total Deductions 531,470,329   531,470,329 531,470,329
Total Taxable Value 4,204,113,560 4,204,113,560 4,204,113,560 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
4,302,119,822 4,204,113,560 4,302,119,822 4,204,113,560


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
98,006,262 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
4,302,119,822 4,204,113,560 4,302,119,822 4,204,113,560

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