taxes Property Tax Assistance

2023 ISD Summary Worksheet

149-Live Oak/Live Oak County

149-901/George West ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 255,218,969 0.6470 394,465,176 394,465,176
B - MULTIFAMILY 3,143,904 N/A 3,143,904 3,143,904
C1 - VACANT LOTS 20,597,592 N/A 20,597,592 20,597,592
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 30,139,073 0.9799 30,758,227 30,758,227
D2 - FARM & RANCH IMP 23,980,224 N/A 23,980,224 23,980,224
E - NON-AG LAND AND IMPROVEMENTS 151,208,943 0.5723 264,212,726 264,212,726
F1 - COMMERCIAL REAL 69,724,694 0.7855 88,764,728 88,764,728
F2 - INDUSTRIAL REAL 20,886,229 N/A 20,886,229 20,886,229
G - ALL MINERALS 54,023,555 0.9979 54,137,243 54,137,243
J - ALL UTILITIES 280,796,369 0.8960 313,388,805 313,388,805
L1 - COMMERCIAL PERSONAL 30,252,328 N/A 30,252,328 30,252,328
L2 - INDUSTRIAL PERSONAL 115,187,693 N/A 115,187,693 115,187,693
M1 - MOBILE HOMES 9,521,763 N/A 9,521,763 9,521,763
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 353,970 N/A 353,970 353,970
S - SPECIAL INVENTORY 111,200 N/A 111,200 111,200
Subtotal 1,065,146,506 0 1,369,761,808 1,369,761,808
Less Total Deductions 203,086,175 0 266,477,075 266,477,075
Total Taxable Value 862,060,331 0 1,103,284,733 1,103,284,733

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

Measure Value Description
T1 1,172,068,158 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,103,284,733 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,155,378,409 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,086,594,984 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,201,618,158 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,221,318,158 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,113,123,397 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,172,068,158 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,103,284,733 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,155,378,409 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,086,594,984 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,201,618,158 T13 plus the loss to the chapter 313 agreement
T16 1,221,318,158 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,113,123,397 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 68,783,425 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 16,689,749 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 29,550,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 19,700,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE APPRAISAL DISTRICT FAILED THEIR MOST RECENT MAP AND YOUR SCHOOL DISTRICT'S VALUES ARE BELOW THE 90% CUTOFF

149-901-02/George West ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 255,218,969 0.6470 394,465,176 394,465,176
B - MULTIFAMILY 3,143,904 N/A 3,143,904 3,143,904
C1 - VACANT LOTS 20,597,592 N/A 20,597,592 20,597,592
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 30,139,073 0.9799 30,758,227 30,758,227
D2 - FARM & RANCH IMP 23,980,224 N/A 23,980,224 23,980,224
E - NON-AG LAND AND IMPROVEMENTS 151,208,943 0.5723 264,212,726 264,212,726
F1 - COMMERCIAL REAL 69,724,694 0.7855 88,764,728 88,764,728
F2 - INDUSTRIAL REAL 20,886,229 N/A 20,886,229 20,886,229
G - ALL MINERALS 54,023,555 0.9979 54,137,243 54,137,243
J - ALL UTILITIES 280,796,369 0.8960 313,388,805 313,388,805
L1 - COMMERCIAL PERSONAL 30,252,328 N/A 30,252,328 30,252,328
L2 - INDUSTRIAL PERSONAL 115,187,693 N/A 115,187,693 115,187,693
M1 - MOBILE HOMES 9,521,763 N/A 9,521,763 9,521,763
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 353,970 N/A 353,970 353,970
S - SPECIAL INVENTORY 111,200 N/A 111,200 111,200
Subtotal 1,065,146,506 1,369,761,808 1,369,761,808
Less Total Deductions 203,086,175 266,477,075 266,477,075
Total Taxable Value 862,060,331 1,103,284,733 1,103,284,733

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

Measure Value Description
T1 1,172,068,158 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,103,284,733 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,155,378,409 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,086,594,984 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,201,618,158 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,221,318,158 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,113,123,397 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,172,068,158 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,103,284,733 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,155,378,409 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,086,594,984 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,201,618,158 T13 plus the loss to the chapter 313 agreement
T16 1,221,318,158 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,113,123,397 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 68,783,425 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 16,689,749 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 29,550,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 19,700,000 Loss to Second Previous Homestead Increase