taxes Property Tax Assistance

2021 ISD Summary Worksheet

092-Gregg /Gregg County

092-903/Longview ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,220,614,437 0.9577 2,318,695,246 2,220,614,437
B - MULTIFAMILY 267,695,440 0.7358 363,815,493 267,695,440
C1 - VACANT LOTS 74,613,870 N/A 74,613,870 74,613,870
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,750,012 0.9531 6,033,087 5,750,012
D2 - FARM & RANCH IMP 2,288,912 N/A 2,288,912 2,288,912
E - NON-AG LAND AND IMPROVEMENTS 265,730,695 0.8881 299,212,583 265,730,695
F1 - COMMERCIAL REAL 1,132,647,408 0.8484 1,335,039,378 1,132,647,408
F2 - INDUSTRIAL REAL 183,413,340 N/A 183,413,340 183,413,340
G - ALL MINERALS 70,936,001 N/A 70,936,001 70,936,001
J - ALL UTILITIES 144,327,780 N/A 144,327,780 144,327,780
L1 - COMMERCIAL PERSONAL 648,543,814 1.0432 621,686,938 648,543,814
L2 - INDUSTRIAL PERSONAL 373,019,010 N/A 373,019,010 373,019,010
M1 - MOBILE HOMES 8,054,340 N/A 8,054,340 8,054,340
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,570,875 N/A 7,570,875 7,570,875
S - SPECIAL INVENTORY 54,575,740 N/A 54,575,740 54,575,740
Subtotal 5,459,781,674 0 5,863,282,593 5,459,781,674
Less Total Deductions 527,118,133 0 563,851,663 527,118,133
Total Taxable Value 4,932,663,541 0 5,299,430,930 4,932,663,541

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
5,030,040,646 4,932,663,541 5,030,040,646 4,932,663,541


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
97,377,105 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
5,030,040,646 4,932,663,541 5,030,040,646 4,932,663,541

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

092-903-02/Longview ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,220,614,437 0.9577 2,318,695,246 2,220,614,437
B - MULTIFAMILY 267,695,440 0.7358 363,815,493 267,695,440
C1 - VACANT LOTS 74,613,870 N/A 74,613,870 74,613,870
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,750,012 0.9531 6,033,087 5,750,012
D2 - FARM & RANCH IMP 2,288,912 N/A 2,288,912 2,288,912
E - NON-AG LAND AND IMPROVEMENTS 265,730,695 0.8881 299,212,583 265,730,695
F1 - COMMERCIAL REAL 1,132,647,408 0.8484 1,335,039,378 1,132,647,408
F2 - INDUSTRIAL REAL 183,413,340 N/A 183,413,340 183,413,340
G - ALL MINERALS 70,936,001 N/A 70,936,001 70,936,001
J - ALL UTILITIES 144,327,780 N/A 144,327,780 144,327,780
L1 - COMMERCIAL PERSONAL 648,543,814 1.0432 621,686,938 648,543,814
L2 - INDUSTRIAL PERSONAL 373,019,010 N/A 373,019,010 373,019,010
M1 - MOBILE HOMES 8,054,340 N/A 8,054,340 8,054,340
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,570,875 N/A 7,570,875 7,570,875
S - SPECIAL INVENTORY 54,575,740 N/A 54,575,740 54,575,740
Subtotal 5,459,781,674 5,863,282,593 5,459,781,674
Less Total Deductions 527,118,133 563,851,663 527,118,133
Total Taxable Value 4,932,663,541 5,299,430,930 4,932,663,541

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
5,030,040,646 4,932,663,541 5,030,040,646 4,932,663,541


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
97,377,105 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
5,030,040,646 4,932,663,541 5,030,040,646 4,932,663,541

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