taxes Property Tax Assistance

2021 ISD Summary Worksheet

092-Gregg /Gregg County

092-902/Kilgore ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 374,735,691 0.9610 389,943,487 374,735,691
B - MULTIFAMILY 28,104,810 N/A 28,104,810 28,104,810
C1 - VACANT LOTS 9,234,385 N/A 9,234,385 9,234,385
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,035,625 0.9080 2,241,913 2,035,625
D2 - FARM & RANCH IMP 905,610 N/A 905,610 905,610
E - NON-AG LAND AND IMPROVEMENTS 66,218,644 0.8995 73,617,170 66,218,644
F1 - COMMERCIAL REAL 169,410,717 0.8482 199,729,683 169,410,717
F2 - INDUSTRIAL REAL 99,252,250 N/A 99,252,250 99,252,250
G - ALL MINERALS 12,780,233 N/A 12,780,233 12,780,233
J - ALL UTILITIES 36,352,570 N/A 36,352,570 36,352,570
L1 - COMMERCIAL PERSONAL 281,725,690 1.0307 273,334,326 281,725,690
L2 - INDUSTRIAL PERSONAL 221,717,740 N/A 221,717,740 221,717,740
M1 - MOBILE HOMES 4,376,801 N/A 4,376,801 4,376,801
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 414,710 N/A 414,710 414,710
S - SPECIAL INVENTORY 8,257,910 N/A 8,257,910 8,257,910
Subtotal 1,315,523,386 0 1,360,263,598 1,315,523,386
Less Total Deductions 182,803,945 0 188,562,544 182,803,945
Total Taxable Value 1,132,719,441 0 1,171,701,054 1,132,719,441

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
1,152,978,731 1,132,719,441 1,152,978,731 1,132,719,441


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,259,290 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
1,152,978,731 1,132,719,441 1,152,978,731 1,132,719,441

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 363,431,220 N/A 363,431,220 363,431,220
B - MULTIFAMILY 1,796,441 N/A 1,796,441 1,796,441
C1 - VACANT LOTS 15,845,600 N/A 15,845,600 15,845,600
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,109,147 N/A 3,109,147 3,109,147
D2 - FARM & RANCH IMP 6,740,680 N/A 6,740,680 6,740,680
E - NON-AG LAND AND IMPROVEMENTS 52,299,720 N/A 52,299,720 52,299,720
F1 - COMMERCIAL REAL 14,335,223 N/A 14,335,223 14,335,223
F2 - INDUSTRIAL REAL 13,946,230 N/A 13,946,230 13,946,230
G - ALL MINERALS 14,009,510 N/A 14,009,510 14,009,510
J - ALL UTILITIES 20,816,830 N/A 20,816,830 20,816,830
L1 - COMMERCIAL PERSONAL 6,905,670 N/A 6,905,670 6,905,670
L2 - INDUSTRIAL PERSONAL 30,230,140 N/A 30,230,140 30,230,140
M1 - MOBILE HOMES 5,301,440 N/A 5,301,440 5,301,440
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 76,840 N/A 76,840 76,840
Subtotal 548,844,691 0 548,844,691 548,844,691
Less Total Deductions 106,092,363 0 106,092,363 106,092,363
Total Taxable Value 442,752,328 0 442,752,328 442,752,328

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
462,744,658 442,752,328 462,744,658 442,752,328


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,992,330 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
462,744,658 442,752,328 462,744,658 442,752,328

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 738,166,911 0.9798 753,374,707 738,166,911
B - MULTIFAMILY 29,901,251 N/A 29,901,251 29,901,251
C1 - VACANT LOTS 25,079,985 N/A 25,079,985 25,079,985
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,144,772 0.9614 5,351,060 5,144,772
D2 - FARM & RANCH IMP 7,646,290 N/A 7,646,290 7,646,290
E - NON-AG LAND AND IMPROVEMENTS 118,518,364 0.9412 125,916,890 118,518,364
F1 - COMMERCIAL REAL 183,745,940 0.8584 214,064,906 183,745,940
F2 - INDUSTRIAL REAL 113,198,480 N/A 113,198,480 113,198,480
G - ALL MINERALS 26,789,743 N/A 26,789,743 26,789,743
J - ALL UTILITIES 57,169,400 N/A 57,169,400 57,169,400
L1 - COMMERCIAL PERSONAL 288,631,360 1.0299 280,239,996 288,631,360
L2 - INDUSTRIAL PERSONAL 251,947,880 N/A 251,947,880 251,947,880
M1 - MOBILE HOMES 9,678,241 N/A 9,678,241 9,678,241
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 414,710 N/A 414,710 414,710
S - SPECIAL INVENTORY 8,334,750 N/A 8,334,750 8,334,750
Subtotal 1,864,368,077 1,909,108,289 1,864,368,077
Less Total Deductions 288,896,308 294,654,907 288,896,308
Total Taxable Value 1,575,471,769 1,614,453,382 1,575,471,769

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
1,615,723,389 1,575,471,769 1,615,723,389 1,575,471,769


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
40,251,620 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
1,615,723,389 1,575,471,769 1,615,723,389 1,575,471,769

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