taxes Property Tax Assistance

2020 ISD Summary Worksheet

092-Gregg /Gregg County

092-902/Kilgore ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 365,760,152 N/A 365,760,152 365,760,152
B - MULTIFAMILY 27,466,340 N/A 27,466,340 27,466,340
C1 - VACANT LOTS 9,527,026 N/A 9,527,026 9,527,026
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,007,740 N/A 2,007,740 2,007,740
D2 - FARM & RANCH IMP 885,470 N/A 885,470 885,470
E - NON-AG LAND AND IMPROVEMENTS 60,614,743 N/A 60,614,743 60,614,743
F1 - COMMERCIAL REAL 159,705,088 N/A 159,705,088 159,705,088
F2 - INDUSTRIAL REAL 101,639,260 N/A 101,639,260 101,639,260
G - ALL MINERALS 18,015,389 N/A 18,015,389 18,015,389
J - ALL UTILITIES 34,859,250 N/A 34,859,250 34,859,250
L1 - COMMERCIAL PERSONAL 300,864,460 N/A 300,864,460 300,864,460
L2 - INDUSTRIAL PERSONAL 321,348,750 N/A 321,348,750 321,348,750
M1 - MOBILE HOMES 4,651,781 N/A 4,651,781 4,651,781
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 476,360 N/A 476,360 476,360
S - SPECIAL INVENTORY 8,596,450 N/A 8,596,450 8,596,450
Subtotal 1,416,418,259 0 1,416,418,259 1,416,418,259
Less Total Deductions 174,151,118 0 174,151,118 174,151,118
Total Taxable Value 1,242,267,141 0 1,242,267,141 1,242,267,141

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
1,262,585,033 1,242,267,141 1,262,585,033 1,242,267,141


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,317,892 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
1,262,585,033 1,242,267,141 1,262,585,033 1,242,267,141

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

201-Rusk /Rusk County

092-902/Kilgore ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 348,559,450 0.9363 372,273,256 348,559,450
B - MULTIFAMILY 1,824,230 N/A 1,824,230 1,824,230
C1 - VACANT LOTS 15,523,770 N/A 15,523,770 15,523,770
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,074,462 1.1419 2,692,402 3,074,462
D2 - FARM & RANCH IMP 6,437,390 N/A 6,437,390 6,437,390
E - NON-AG LAND AND IMPROVEMENTS 50,575,520 1.0863 46,557,599 50,575,520
F1 - COMMERCIAL REAL 9,242,090 N/A 9,242,090 9,242,090
F2 - INDUSTRIAL REAL 13,573,530 N/A 13,573,530 13,573,530
G - ALL MINERALS 22,512,850 1.0356 21,738,944 22,512,850
J - ALL UTILITIES 21,404,060 N/A 21,404,060 21,404,060
L1 - COMMERCIAL PERSONAL 7,532,051 N/A 7,532,051 7,532,051
L2 - INDUSTRIAL PERSONAL 36,121,030 N/A 36,121,030 36,121,030
M1 - MOBILE HOMES 4,892,220 N/A 4,892,220 4,892,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 340,000 N/A 340,000 340,000
S - SPECIAL INVENTORY 61,260 N/A 61,260 61,260
Subtotal 541,673,913 0 560,213,832 541,673,913
Less Total Deductions 102,666,500 0 108,519,864 102,666,500
Total Taxable Value 439,007,413 0 451,693,968 439,007,413

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
459,096,433 439,007,413 459,096,433 439,007,413


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,089,020 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
459,096,433 439,007,413 459,096,433 439,007,413

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 714,319,602 0.9679 738,033,408 714,319,602
B - MULTIFAMILY 29,290,570 N/A 29,290,570 29,290,570
C1 - VACANT LOTS 25,050,796 N/A 25,050,796 25,050,796
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,082,202 1.0813 4,700,142 5,082,202
D2 - FARM & RANCH IMP 7,322,860 N/A 7,322,860 7,322,860
E - NON-AG LAND AND IMPROVEMENTS 111,190,263 1.0375 107,172,342 111,190,263
F1 - COMMERCIAL REAL 168,947,178 N/A 168,947,178 168,947,178
F2 - INDUSTRIAL REAL 115,212,790 N/A 115,212,790 115,212,790
G - ALL MINERALS 40,528,239 1.0195 39,754,333 40,528,239
J - ALL UTILITIES 56,263,310 N/A 56,263,310 56,263,310
L1 - COMMERCIAL PERSONAL 308,396,511 N/A 308,396,511 308,396,511
L2 - INDUSTRIAL PERSONAL 357,469,780 N/A 357,469,780 357,469,780
M1 - MOBILE HOMES 9,544,001 N/A 9,544,001 9,544,001
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 816,360 N/A 816,360 816,360
S - SPECIAL INVENTORY 8,657,710 N/A 8,657,710 8,657,710
Subtotal 1,958,092,172 1,976,632,091 1,958,092,172
Less Total Deductions 276,817,618 282,670,982 276,817,618
Total Taxable Value 1,681,274,554 1,693,961,109 1,681,274,554

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
1,721,681,466 1,681,274,554 1,721,681,466 1,681,274,554


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
40,406,912 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
1,721,681,466 1,681,274,554 1,721,681,466 1,681,274,554

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