taxes Property Tax Assistance

2019 ISD Summary Worksheet

092-Gregg

092-902/Kilgore ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 358,965,602 0.9995 359,145,175 358,965,602
B. MULTIFAMILY RESIDENCES 24,150,200 N/A 24,150,200 24,150,200
C1. VACANT LOTS 9,016,700 N/A 9,016,700 9,016,700
D1. QUALIFIED AG LAND 1,956,837 0.9229 2,120,229 1,956,837
D2. REAL PROP:FARM & RANCH 913,310 N/A 913,310 913,310
E. REAL PROP NONQUAL ACREAGE 56,561,238 0.9251 61,140,675 56,561,238
F1. COMMERCIAL REAL 158,370,597 0.8310 190,578,336 158,370,597
F2. INDUSTRIAL REAL 76,819,080 N/A 76,819,080 76,819,080
G. OIL,GAS,MINERALS 27,128,650 N/A 27,128,650 27,128,650
J. UTILITIES 33,818,750 N/A 33,818,750 33,818,750
L1. COMMERCIAL PERSONAL 298,845,190 1.0461 285,675,547 298,845,190
L2. INDUSTRIAL PERSONAL 422,669,590 N/A 422,669,590 422,669,590
M. MOBILE HOMES 4,834,761 N/A 4,834,761 4,834,761
O. RESIDENTIAL INVENTORY 585,480 N/A 585,480 585,480
S. SPECIAL INVENTORY 7,883,720 N/A 7,883,720 7,883,720
Subtotal 1,482,519,705 0 1,506,480,203 1,482,519,705
Less Total Deductions 189,387,816 0 189,455,038 189,387,816
Total Taxable Value 1,293,131,889 0 1,317,025,165 1,293,131,889

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
1,313,500,433 1,293,131,889 1,313,500,433 1,293,131,889


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,368,544 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
1,313,500,433 1,293,131,889 1,313,500,433 1,293,131,889

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

092-902-02/Kilgore ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 358,965,602 0.9995 359,145,175 358,965,602
B. MULTIFAMILY RESIDENCES 24,150,200 N/A 24,150,200 24,150,200
C1. VACANT LOTS 9,016,700 N/A 9,016,700 9,016,700
D1. QUALIFIED AG LAND 1,956,837 0.9229 2,120,229 1,956,837
D2. REAL PROP:FARM & RANCH 913,310 N/A 913,310 913,310
E. REAL PROP NONQUAL ACREAGE 56,561,238 0.9251 61,140,675 56,561,238
F1. COMMERCIAL REAL 158,370,597 0.8310 190,578,336 158,370,597
F2. INDUSTRIAL REAL 76,819,080 N/A 76,819,080 76,819,080
G. OIL,GAS,MINERALS 27,128,650 N/A 27,128,650 27,128,650
J. UTILITIES 33,818,750 N/A 33,818,750 33,818,750
L1. COMMERCIAL PERSONAL 298,845,190 1.0461 285,675,547 298,845,190
L2. INDUSTRIAL PERSONAL 422,669,590 N/A 422,669,590 422,669,590
M. MOBILE HOMES 4,834,761 N/A 4,834,761 4,834,761
O. RESIDENTIAL INVENTORY 585,480 N/A 585,480 585,480
S. SPECIAL INVENTORY 7,883,720 N/A 7,883,720 7,883,720
Subtotal 1,482,519,705 1,506,480,203 1,482,519,705
Less Total Deductions 189,387,816 189,455,038 189,387,816
Total Taxable Value 1,293,131,889 1,317,025,165 1,293,131,889

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
1,313,500,433 1,293,131,889 1,313,500,433 1,293,131,889


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
20,368,544 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
1,313,500,433 1,293,131,889 1,313,500,433 1,293,131,889

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