taxes Property Tax Assistance

2020 ISD Summary Worksheet

161-McLennan /McLennan County

161-909/McGregor ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	241,129,765	0.8985	268,369,243	241,129,765
B - MULTIFAMILY	10,178,025	N/A	10,178,025	10,178,025
C1 - VACANT LOTS	5,172,742	N/A	5,172,742	5,172,742
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,070,619	1.0864	6,508,096	7,070,619
D2 - FARM & RANCH IMP	1,800,960	N/A	1,800,960	1,800,960
E - NON-AG LAND AND IMPROVEMENTS	47,657,680	0.8988	53,023,676	47,657,680
F1 - COMMERCIAL REAL	48,226,010	0.9843	48,995,235	48,226,010
F2 - INDUSTRIAL REAL	55,492,160	N/A	55,492,160	55,492,160
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	25,860,621	0.9397	27,520,082	25,860,621
L1 - COMMERCIAL PERSONAL	84,676,540	1.0296	82,242,172	84,676,540
L2 - INDUSTRIAL PERSONAL	89,587,280	N/A	89,587,280	89,587,280
M1 - MOBILE HOMES	893,130	N/A	893,130	893,130
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,886,090	N/A	1,886,090	1,886,090
S - SPECIAL INVENTORY	5,448,200	N/A	5,448,200	5,448,200
Subtotal	625,079,822	0	657,117,091	625,079,822
Less Total Deductions	101,026,109	0	111,169,722	101,026,109
Total Taxable Value	524,053,713	0	545,947,369	524,053,713

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
535,485,692	524,053,713	535,485,692	524,053,713

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
11,431,979	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
535,485,692	524,053,713	535,485,692	524,053,713

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

161-909-02/McGregor ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	241,129,765	0.8985	268,369,243	241,129,765
B - MULTIFAMILY	10,178,025	N/A	10,178,025	10,178,025
C1 - VACANT LOTS	5,172,742	N/A	5,172,742	5,172,742
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,070,619	1.0864	6,508,096	7,070,619
D2 - FARM & RANCH IMP	1,800,960	N/A	1,800,960	1,800,960
E - NON-AG LAND AND IMPROVEMENTS	47,657,680	0.8988	53,023,676	47,657,680
F1 - COMMERCIAL REAL	48,226,010	0.9843	48,995,235	48,226,010
F2 - INDUSTRIAL REAL	55,492,160	N/A	55,492,160	55,492,160
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	25,860,621	0.9397	27,520,082	25,860,621
L1 - COMMERCIAL PERSONAL	84,676,540	1.0296	82,242,172	84,676,540
L2 - INDUSTRIAL PERSONAL	89,587,280	N/A	89,587,280	89,587,280
M1 - MOBILE HOMES	893,130	N/A	893,130	893,130
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,886,090	N/A	1,886,090	1,886,090
S - SPECIAL INVENTORY	5,448,200	N/A	5,448,200	5,448,200
Subtotal	625,079,822		657,117,091	625,079,822
Less Total Deductions	101,026,109		111,169,722	101,026,109
Total Taxable Value	524,053,713		545,947,369	524,053,713

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
535,485,692	524,053,713	535,485,692	524,053,713

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
11,431,979	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
535,485,692	524,053,713	535,485,692	524,053,713

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