taxes Property Tax Assistance

2019 ISD Summary Worksheet

212-Smith

212-904/Troup ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 71,917,322 0.9889 72,724,565 71,917,322
B. MULTIFAMILY RESIDENCES 2,305,037 N/A 2,305,037 2,305,037
C1. VACANT LOTS 3,836,714 N/A 3,836,714 3,836,714
D1. QUALIFIED AG LAND 3,206,780 1.0857 2,953,721 3,206,780
D2. REAL PROP:FARM & RANCH 18,506,019 N/A 18,506,019 18,506,019
E. REAL PROP NONQUAL ACREAGE 48,958,377 0.9882 49,542,984 48,958,377
F1. COMMERCIAL REAL 11,127,627 0.8015 13,883,502 11,127,627
F2. INDUSTRIAL REAL 750,610 N/A 750,610 750,610
G. OIL,GAS,MINERALS 61,319,587 1.0005 61,288,943 61,319,587
J. UTILITIES 22,808,396 0.9743 23,410,034 22,808,396
L1. COMMERCIAL PERSONAL 8,744,531 N/A 8,744,531 8,744,531
L2. INDUSTRIAL PERSONAL 5,928,759 N/A 5,928,759 5,928,759
M. MOBILE HOMES 2,056,820 N/A 2,056,820 2,056,820
O. RESIDENTIAL INVENTORY 52,780 N/A 52,780 52,780
S. SPECIAL INVENTORY 558 N/A 558 558
Subtotal 261,519,917 0 265,985,577 261,519,917
Less Total Deductions 34,585,242 0 34,915,838 34,585,242
Total Taxable Value 226,934,675 0 231,069,739 226,934,675

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
233,008,264 226,934,675 233,008,264 226,934,675


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,073,589 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
233,008,264 226,934,675 233,008,264 226,934,675

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 71,917,322 0.9889 72,724,565 71,917,322
B. MULTIFAMILY RESIDENCES 2,305,037 N/A 2,305,037 2,305,037
C1. VACANT LOTS 3,836,714 N/A 3,836,714 3,836,714
D1. QUALIFIED AG LAND 3,206,780 1.0857 2,953,721 3,206,780
D2. REAL PROP:FARM & RANCH 18,506,019 N/A 18,506,019 18,506,019
E. REAL PROP NONQUAL ACREAGE 48,958,377 0.9882 49,542,984 48,958,377
F1. COMMERCIAL REAL 11,127,627 0.8015 13,883,502 11,127,627
F2. INDUSTRIAL REAL 750,610 N/A 750,610 750,610
G. OIL,GAS,MINERALS 61,319,587 1.0005 61,288,943 61,319,587
J. UTILITIES 22,808,396 0.9743 23,410,034 22,808,396
L1. COMMERCIAL PERSONAL 8,744,531 N/A 8,744,531 8,744,531
L2. INDUSTRIAL PERSONAL 5,928,759 N/A 5,928,759 5,928,759
M. MOBILE HOMES 2,056,820 N/A 2,056,820 2,056,820
O. RESIDENTIAL INVENTORY 52,780 N/A 52,780 52,780
S. SPECIAL INVENTORY 558 N/A 558 558
Subtotal 261,519,917 265,985,577 261,519,917
Less Total Deductions 34,585,242 34,915,838 34,585,242
Total Taxable Value 226,934,675 231,069,739 226,934,675

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
233,008,264 226,934,675 233,008,264 226,934,675


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,073,589 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
233,008,264 226,934,675 233,008,264 226,934,675

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