taxes Property Tax Assistance

2019 ISD Summary Worksheet

201-Rusk

092-902/Kilgore ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 342,415,090 N/A 342,415,090 342,415,090
B. MULTIFAMILY RESIDENCES 1,162,660 N/A 1,162,660 1,162,660
C1. VACANT LOTS 14,561,860 N/A 14,561,860 14,561,860
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,904,770 N/A 2,904,770 2,904,770
D2. REAL PROP:FARM & RANCH 6,429,490 N/A 6,429,490 6,429,490
E. REAL PROP NONQUAL ACREAGE 48,664,940 N/A 48,664,940 48,664,940
F1. COMMERCIAL REAL 9,443,030 N/A 9,443,030 9,443,030
F2. INDUSTRIAL REAL 11,154,350 N/A 11,154,350 11,154,350
G. OIL,GAS,MINERALS 33,779,260 N/A 33,779,260 33,779,260
J. UTILITIES 19,851,650 N/A 19,851,650 19,851,650
L1. COMMERCIAL PERSONAL 7,575,059 N/A 7,575,059 7,575,059
L2. INDUSTRIAL PERSONAL 49,430,490 N/A 49,430,490 49,430,490
M. MOBILE HOMES 5,001,480 N/A 5,001,480 5,001,480
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 114,510 N/A 114,510 114,510
Subtotal 552,488,639 0 552,488,639 552,488,639
Less Total Deductions 104,563,223 0 104,563,223 104,563,223
Total Taxable Value 447,909,406 0 447,909,406 447,909,406

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
468,355,736 447,925,416 468,355,736 447,925,416


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,430,320 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
468,355,736 447,925,416 468,355,736 447,925,416

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 342,415,090 N/A 342,415,090 342,415,090
B. MULTIFAMILY RESIDENCES 1,162,660 N/A 1,162,660 1,162,660
C1. VACANT LOTS 14,561,860 N/A 14,561,860 14,561,860
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,904,770 N/A 2,904,770 2,904,770
D2. REAL PROP:FARM & RANCH 6,429,490 N/A 6,429,490 6,429,490
E. REAL PROP NONQUAL ACREAGE 48,664,940 N/A 48,664,940 48,664,940
F1. COMMERCIAL REAL 9,443,030 N/A 9,443,030 9,443,030
F2. INDUSTRIAL REAL 11,154,350 N/A 11,154,350 11,154,350
G. OIL,GAS,MINERALS 33,779,260 N/A 33,779,260 33,779,260
J. UTILITIES 19,851,650 N/A 19,851,650 19,851,650
L1. COMMERCIAL PERSONAL 7,575,059 N/A 7,575,059 7,575,059
L2. INDUSTRIAL PERSONAL 49,430,490 N/A 49,430,490 49,430,490
M. MOBILE HOMES 5,001,480 N/A 5,001,480 5,001,480
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 114,510 N/A 114,510 114,510
Subtotal 552,488,639 552,488,639 552,488,639
Less Total Deductions 104,563,223 104,563,223 104,563,223
Total Taxable Value 447,909,406 447,909,406 447,909,406

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
468,355,736 447,925,416 468,355,736 447,925,416


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
20,430,320 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
468,355,736 447,925,416 468,355,736 447,925,416

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