taxes Property Tax Assistance

2019 ISD Summary Worksheet

037-Cherokee

212-904/Troup ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 37,611,306 1.0522 35,745,396 37,611,306
C1. VACANT LOTS 2,705,631 N/A 2,705,631 2,705,631
D1. QUALIFIED AG LAND 3,726,480 1.0311 3,614,239 3,726,480
D2. REAL PROP:FARM & RANCH 1,812,050 N/A 1,812,050 1,812,050
E. REAL PROP NONQUAL ACREAGE 84,695,330 1.0195 83,075,360 84,695,330
F1. COMMERCIAL REAL 419,490 N/A 419,490 419,490
F2. INDUSTRIAL REAL 1,824,460 N/A 1,824,460 1,824,460
G. OIL,GAS,MINERALS 77,322,635 1.0064 76,830,917 77,322,635
J. UTILITIES 19,733,460 0.9705 20,333,292 19,733,460
L1. COMMERCIAL PERSONAL 1,098,060 N/A 1,098,060 1,098,060
L2. INDUSTRIAL PERSONAL 4,158,410 N/A 4,158,410 4,158,410
M. MOBILE HOMES 1,392,770 N/A 1,392,770 1,392,770
Subtotal 236,500,082 0 233,010,075 236,500,082
Less Total Deductions 31,475,379 0 29,501,106 31,475,379
Total Taxable Value 205,024,703 0 203,508,969 205,024,703

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
209,968,659 205,024,703 209,968,659 205,024,703


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,943,956 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
209,968,659 205,024,703 209,968,659 205,024,703

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

212-904-02/Troup ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 37,611,306 1.0522 35,745,396 37,611,306
C1. VACANT LOTS 2,705,631 N/A 2,705,631 2,705,631
D1. QUALIFIED AG LAND 3,726,480 1.0311 3,614,239 3,726,480
D2. REAL PROP:FARM & RANCH 1,812,050 N/A 1,812,050 1,812,050
E. REAL PROP NONQUAL ACREAGE 84,695,330 1.0195 83,075,360 84,695,330
F1. COMMERCIAL REAL 419,490 N/A 419,490 419,490
F2. INDUSTRIAL REAL 1,824,460 N/A 1,824,460 1,824,460
G. OIL,GAS,MINERALS 77,322,635 1.0064 76,830,917 77,322,635
J. UTILITIES 19,733,460 0.9705 20,333,292 19,733,460
L1. COMMERCIAL PERSONAL 1,098,060 N/A 1,098,060 1,098,060
L2. INDUSTRIAL PERSONAL 4,158,410 N/A 4,158,410 4,158,410
M. MOBILE HOMES 1,392,770 N/A 1,392,770 1,392,770
Subtotal 236,500,082 233,010,075 236,500,082
Less Total Deductions 31,475,379 29,501,106 31,475,379
Total Taxable Value 205,024,703 203,508,969 205,024,703

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
209,968,659 205,024,703 209,968,659 205,024,703


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,943,956 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
209,968,659 205,024,703 209,968,659 205,024,703

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