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