taxes Property Tax Assistance

2020 ISD Summary Worksheet

075-Fayette /Fayette County

075-902/La Grange ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 523,194,411 0.9935 526,617,424 523,194,411
B - MULTIFAMILY 13,508,969 N/A 13,508,969 13,508,969
C1 - VACANT LOTS 15,216,300 N/A 15,216,300 15,216,300
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,595,688 1.0835 11,625,300 12,595,688
D2 - FARM & RANCH IMP 5,461,294 N/A 5,461,294 5,461,294
E - NON-AG LAND AND IMPROVEMENTS 436,717,892 0.9630 453,497,292 436,717,892
F1 - COMMERCIAL REAL 155,922,870 0.9083 171,664,505 155,922,870
F2 - INDUSTRIAL REAL 85,180,490 N/A 85,180,490 85,180,490
G - ALL MINERALS 63,752,390 1.0030 63,561,705 63,752,390
J - ALL UTILITIES 91,498,140 0.2894 316,164,962 91,498,140
L1 - COMMERCIAL PERSONAL 49,329,490 N/A 49,329,490 49,329,490
L2 - INDUSTRIAL PERSONAL 41,672,640 N/A 41,672,640 41,672,640
M1 - MOBILE HOMES 8,060,760 N/A 8,060,760 8,060,760
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 10,291,090 N/A 10,291,090 10,291,090
Subtotal 1,512,402,424 0 1,771,852,221 1,512,402,424
Less Total Deductions 232,331,175 0 234,386,956 232,331,175
Total Taxable Value 1,280,071,249 0 1,537,465,265 1,280,071,249

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
1,310,118,966 1,280,071,249 1,310,118,966 1,280,071,249


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,047,717 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
1,310,118,966 1,280,071,249 1,310,118,966 1,280,071,249

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

075-902-02/La Grange ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 523,194,411 0.9935 526,617,424 523,194,411
B - MULTIFAMILY 13,508,969 N/A 13,508,969 13,508,969
C1 - VACANT LOTS 15,216,300 N/A 15,216,300 15,216,300
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,595,688 1.0835 11,625,300 12,595,688
D2 - FARM & RANCH IMP 5,461,294 N/A 5,461,294 5,461,294
E - NON-AG LAND AND IMPROVEMENTS 436,717,892 0.9630 453,497,292 436,717,892
F1 - COMMERCIAL REAL 155,922,870 0.9083 171,664,505 155,922,870
F2 - INDUSTRIAL REAL 85,180,490 N/A 85,180,490 85,180,490
G - ALL MINERALS 63,752,390 1.0030 63,561,705 63,752,390
J - ALL UTILITIES 91,498,140 0.2894 316,164,962 91,498,140
L1 - COMMERCIAL PERSONAL 49,329,490 N/A 49,329,490 49,329,490
L2 - INDUSTRIAL PERSONAL 41,672,640 N/A 41,672,640 41,672,640
M1 - MOBILE HOMES 8,060,760 N/A 8,060,760 8,060,760
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 10,291,090 N/A 10,291,090 10,291,090
Subtotal 1,512,402,424 1,771,852,221 1,512,402,424
Less Total Deductions 232,331,175 234,386,956 232,331,175
Total Taxable Value 1,280,071,249 1,537,465,265 1,280,071,249

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
1,310,118,966 1,280,071,249 1,310,118,966 1,280,071,249


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
30,047,717 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
1,310,118,966 1,280,071,249 1,310,118,966 1,280,071,249

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