taxes Property Tax Assistance

2021 ISD Summary Worksheet

161-McLennan /McLennan County

161-909/McGregor ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 295,030,078 0.9807 300,836,217 295,030,078
B - MULTIFAMILY 13,226,330 N/A 13,226,330 13,226,330
C1 - VACANT LOTS 5,303,744 N/A 5,303,744 5,303,744
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,075,470 1.0363 6,827,493 7,075,470
D2 - FARM & RANCH IMP 2,147,688 N/A 2,147,688 2,147,688
E - NON-AG LAND AND IMPROVEMENTS 61,515,613 0.8541 72,023,900 61,515,613
F1 - COMMERCIAL REAL 49,049,680 0.9805 50,025,171 49,049,680
F2 - INDUSTRIAL REAL 58,041,120 N/A 58,041,120 58,041,120
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 27,189,741 0.9224 29,477,169 27,189,741
L1 - COMMERCIAL PERSONAL 54,131,620 1.0393 52,084,692 54,131,620
L2 - INDUSTRIAL PERSONAL 114,748,750 N/A 114,748,750 114,748,750
M1 - MOBILE HOMES 965,240 N/A 965,240 965,240
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,980,910 N/A 1,980,910 1,980,910
S - SPECIAL INVENTORY 5,889,080 N/A 5,889,080 5,889,080
Subtotal 696,295,064 0 713,577,504 696,295,064
Less Total Deductions 134,023,020 0 136,363,963 134,023,020
Total Taxable Value 562,272,044 0 577,213,541 562,272,044

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
574,220,024 562,272,044 574,220,024 562,272,044


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,947,980 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
574,220,024 562,272,044 574,220,024 562,272,044

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

161-909-02/McGregor ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 295,030,078 0.9807 300,836,217 295,030,078
B - MULTIFAMILY 13,226,330 N/A 13,226,330 13,226,330
C1 - VACANT LOTS 5,303,744 N/A 5,303,744 5,303,744
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,075,470 1.0363 6,827,493 7,075,470
D2 - FARM & RANCH IMP 2,147,688 N/A 2,147,688 2,147,688
E - NON-AG LAND AND IMPROVEMENTS 61,515,613 0.8541 72,023,900 61,515,613
F1 - COMMERCIAL REAL 49,049,680 0.9805 50,025,171 49,049,680
F2 - INDUSTRIAL REAL 58,041,120 N/A 58,041,120 58,041,120
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 27,189,741 0.9224 29,477,169 27,189,741
L1 - COMMERCIAL PERSONAL 54,131,620 1.0393 52,084,692 54,131,620
L2 - INDUSTRIAL PERSONAL 114,748,750 N/A 114,748,750 114,748,750
M1 - MOBILE HOMES 965,240 N/A 965,240 965,240
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,980,910 N/A 1,980,910 1,980,910
S - SPECIAL INVENTORY 5,889,080 N/A 5,889,080 5,889,080
Subtotal 696,295,064 713,577,504 696,295,064
Less Total Deductions 134,023,020 136,363,963 134,023,020
Total Taxable Value 562,272,044 577,213,541 562,272,044

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
574,220,024 562,272,044 574,220,024 562,272,044


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,947,980 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
574,220,024 562,272,044 574,220,024 562,272,044

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