taxes Property Tax Assistance

2022 ISD Summary Worksheet

075-Fayette/Fayette County

075-902/La Grange ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 649,846,944 0.7975 814,855,102 814,855,102
B - MULTIFAMILY 16,092,318 N/A 16,092,318 16,092,318
C1 - VACANT LOTS 16,457,252 N/A 16,457,252 16,457,252
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,577,533 0.9385 13,402,146 13,402,146
D2 - FARM & RANCH IMP 6,647,640 N/A 6,647,640 6,647,640
E - NON-AG LAND AND IMPROVEMENTS 519,523,429 0.7095 732,238,801 732,238,801
F1 - COMMERCIAL REAL 168,218,276 0.9583 175,538,220 175,538,220
F2 - INDUSTRIAL REAL 80,523,180 N/A 80,523,180 80,523,180
G - ALL MINERALS 144,979,560 N/A 144,979,560 144,979,560
J - ALL UTILITIES 105,661,491 0.5428 194,660,079 194,660,079
L1 - COMMERCIAL PERSONAL 76,897,350 N/A 76,897,350 76,897,350
L2 - INDUSTRIAL PERSONAL 53,729,670 N/A 53,729,670 53,729,670
M1 - MOBILE HOMES 11,931,220 N/A 11,931,220 11,931,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 11,535,890 N/A 11,535,890 11,535,890
Subtotal 1,874,621,753 0 2,349,488,428 2,349,488,428
Less Total Deductions 281,976,925 0 385,469,729 385,469,729
Total Taxable Value 1,592,644,828 0 1,964,018,699 1,964,018,699

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

Measure Value Description
T1 1,994,991,777 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,949,158,277 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,994,991,777 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,949,158,277 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,029,181,777 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,994,991,777 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,949,158,277 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,994,991,777 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,949,158,277 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,029,181,777 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 45,833,500 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 34,190,000 Loss to the previous increase in the state-mandated homestead

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF

075-902-02/La Grange ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 649,846,944 0.7975 814,855,102 814,855,102
B - MULTIFAMILY 16,092,318 N/A 16,092,318 16,092,318
C1 - VACANT LOTS 16,457,252 N/A 16,457,252 16,457,252
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,577,533 0.9385 13,402,146 13,402,146
D2 - FARM & RANCH IMP 6,647,640 N/A 6,647,640 6,647,640
E - NON-AG LAND AND IMPROVEMENTS 519,523,429 0.7095 732,238,801 732,238,801
F1 - COMMERCIAL REAL 168,218,276 0.9583 175,538,220 175,538,220
F2 - INDUSTRIAL REAL 80,523,180 N/A 80,523,180 80,523,180
G - ALL MINERALS 144,979,560 N/A 144,979,560 144,979,560
J - ALL UTILITIES 105,661,491 0.5428 194,660,079 194,660,079
L1 - COMMERCIAL PERSONAL 76,897,350 N/A 76,897,350 76,897,350
L2 - INDUSTRIAL PERSONAL 53,729,670 N/A 53,729,670 53,729,670
M1 - MOBILE HOMES 11,931,220 N/A 11,931,220 11,931,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 11,535,890 N/A 11,535,890 11,535,890
Subtotal 1,874,621,753 2,349,488,428 2,349,488,428
Less Total Deductions 281,976,925 385,469,729 385,469,729
Total Taxable Value 1,592,644,828 1,964,018,699 1,964,018,699

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

Measure Value Description
T1 1,994,991,777 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,949,158,277 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,994,991,777 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,949,158,277 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,029,181,777 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,994,991,777 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,949,158,277 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,994,991,777 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,949,158,277 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,029,181,777 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 45,833,500 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 34,190,000 Loss to the previous increase in the state-mandated homestead