taxes Property Tax Assistance

2021 ISD Summary Worksheet

092-Gregg /Gregg County

092-904/Pine Tree ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,069,788,382 0.9488 1,127,517,266 1,069,788,382
B - MULTIFAMILY 102,131,670 0.7932 128,759,039 102,131,670
C1 - VACANT LOTS 10,987,351 N/A 10,987,351 10,987,351
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 641,872 0.8491 755,907 641,872
D2 - FARM & RANCH IMP 226,180 N/A 226,180 226,180
E - NON-AG LAND AND IMPROVEMENTS 27,853,828 N/A 27,853,828 27,853,828
F1 - COMMERCIAL REAL 228,681,767 0.8607 265,692,770 228,681,767
F2 - INDUSTRIAL REAL 56,179,340 N/A 56,179,340 56,179,340
G - ALL MINERALS 15,447,128 N/A 15,447,128 15,447,128
J - ALL UTILITIES 60,215,080 N/A 60,215,080 60,215,080
L1 - COMMERCIAL PERSONAL 189,766,750 1.0132 187,294,463 189,766,750
L2 - INDUSTRIAL PERSONAL 212,645,100 N/A 212,645,100 212,645,100
M1 - MOBILE HOMES 3,785,820 N/A 3,785,820 3,785,820
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,182,950 N/A 1,182,950 1,182,950
S - SPECIAL INVENTORY 9,856,950 N/A 9,856,950 9,856,950
Subtotal 1,989,390,168 0 2,108,399,172 1,989,390,168
Less Total Deductions 300,063,251 0 319,558,472 300,063,251
Total Taxable Value 1,689,326,917 0 1,788,840,700 1,689,326,917

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
1,737,765,366 1,689,326,917 1,656,678,989 1,608,240,540


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
48,438,449 81,086,377


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
1,737,765,366 1,689,326,917 1,656,678,989 1,608,240,540

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

092-904-02/Pine Tree ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,069,788,382 0.9488 1,127,517,266 1,069,788,382
B - MULTIFAMILY 102,131,670 0.7932 128,759,039 102,131,670
C1 - VACANT LOTS 10,987,351 N/A 10,987,351 10,987,351
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 641,872 0.8491 755,907 641,872
D2 - FARM & RANCH IMP 226,180 N/A 226,180 226,180
E - NON-AG LAND AND IMPROVEMENTS 27,853,828 N/A 27,853,828 27,853,828
F1 - COMMERCIAL REAL 228,681,767 0.8607 265,692,770 228,681,767
F2 - INDUSTRIAL REAL 56,179,340 N/A 56,179,340 56,179,340
G - ALL MINERALS 15,447,128 N/A 15,447,128 15,447,128
J - ALL UTILITIES 60,215,080 N/A 60,215,080 60,215,080
L1 - COMMERCIAL PERSONAL 189,766,750 1.0132 187,294,463 189,766,750
L2 - INDUSTRIAL PERSONAL 212,645,100 N/A 212,645,100 212,645,100
M1 - MOBILE HOMES 3,785,820 N/A 3,785,820 3,785,820
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,182,950 N/A 1,182,950 1,182,950
S - SPECIAL INVENTORY 9,856,950 N/A 9,856,950 9,856,950
Subtotal 1,989,390,168 2,108,399,172 1,989,390,168
Less Total Deductions 300,063,251 319,558,472 300,063,251
Total Taxable Value 1,689,326,917 1,788,840,700 1,689,326,917

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
1,737,765,366 1,689,326,917 1,656,678,989 1,608,240,540


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
48,438,449 81,086,377


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
1,737,765,366 1,689,326,917 1,656,678,989 1,608,240,540

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