taxes Property Tax Assistance

2022 ISD Summary Worksheet

092-Gregg/Gregg County

092-902/Kilgore ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 408,623,900 N/A 408,623,900 408,623,900
B - MULTIFAMILY 44,860,440 N/A 44,860,440 44,860,440
C1 - VACANT LOTS 10,204,463 N/A 10,204,463 10,204,463
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,021,344 N/A 2,021,344 2,021,344
D2 - FARM & RANCH IMP 866,770 N/A 866,770 866,770
E - NON-AG LAND AND IMPROVEMENTS 77,128,169 N/A 77,128,169 77,128,169
F1 - COMMERCIAL REAL 203,351,509 N/A 203,351,509 203,351,509
F2 - INDUSTRIAL REAL 116,201,420 N/A 116,201,420 116,201,420
G - ALL MINERALS 31,254,276 N/A 31,254,276 31,254,276
J - ALL UTILITIES 48,407,800 N/A 48,407,800 48,407,800
L1 - COMMERCIAL PERSONAL 297,480,630 N/A 297,480,630 297,480,630
L2 - INDUSTRIAL PERSONAL 221,978,930 N/A 221,978,930 221,978,930
M1 - MOBILE HOMES 4,766,830 N/A 4,766,830 4,766,830
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 881,820 N/A 881,820 881,820
S - SPECIAL INVENTORY 12,730,710 N/A 12,730,710 12,730,710
Subtotal 1,480,759,011 0 1,480,759,011 1,480,759,011
Less Total Deductions 222,406,871 0 222,406,871 222,406,871
Total Taxable Value 1,258,352,140 0 1,258,352,140 1,258,352,140

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 T13
1,286,686,098 1,258,352,140 1,286,686,098 1,258,352,140 1,310,366,098


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
28,333,958 0 23,680,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
1,286,686,098 1,258,352,140 1,286,686,098 1,258,352,140 1,310,366,098

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 433,751,990 0.8460 512,709,208 433,751,990
B - MULTIFAMILY 2,195,367 N/A 2,195,367 2,195,367
C1 - VACANT LOTS 17,078,720 N/A 17,078,720 17,078,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,004,413 1.1723 2,562,739 3,004,413
D2 - FARM & RANCH IMP 9,419,160 N/A 9,419,160 9,419,160
E - NON-AG LAND AND IMPROVEMENTS 65,191,820 0.9223 70,683,964 65,191,820
F1 - COMMERCIAL REAL 14,946,837 N/A 14,946,837 14,946,837
F2 - INDUSTRIAL REAL 15,718,170 N/A 15,718,170 15,718,170
G - ALL MINERALS 26,342,670 N/A 26,342,670 26,342,670
J - ALL UTILITIES 31,705,090 0.9866 32,135,708 31,705,090
L1 - COMMERCIAL PERSONAL 6,317,030 N/A 6,317,030 6,317,030
L2 - INDUSTRIAL PERSONAL 34,734,310 N/A 34,734,310 34,734,310
M1 - MOBILE HOMES 5,553,830 N/A 5,553,830 5,553,830
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 330,750 N/A 330,750 330,750
Subtotal 666,290,157 0 750,728,463 666,290,157
Less Total Deductions 167,341,244 0 194,145,454 167,341,244
Total Taxable Value 498,948,913 0 556,583,009 498,948,913

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 T13
526,981,883 498,948,913 526,981,883 498,948,913 549,461,883


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
28,032,970 0 22,480,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
526,981,883 498,948,913 526,981,883 498,948,913 549,461,883

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

092-902-02/Kilgore ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 842,375,890 0.9143 921,333,108 842,375,890
B - MULTIFAMILY 47,055,807 N/A 47,055,807 47,055,807
C1 - VACANT LOTS 27,283,183 N/A 27,283,183 27,283,183
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,025,757 1.0963 4,584,083 5,025,757
D2 - FARM & RANCH IMP 10,285,930 N/A 10,285,930 10,285,930
E - NON-AG LAND AND IMPROVEMENTS 142,319,989 0.9628 147,812,133 142,319,989
F1 - COMMERCIAL REAL 218,298,346 N/A 218,298,346 218,298,346
F2 - INDUSTRIAL REAL 131,919,590 N/A 131,919,590 131,919,590
G - ALL MINERALS 57,596,946 N/A 57,596,946 57,596,946
J - ALL UTILITIES 80,112,890 0.9947 80,543,508 80,112,890
L1 - COMMERCIAL PERSONAL 303,797,660 N/A 303,797,660 303,797,660
L2 - INDUSTRIAL PERSONAL 256,713,240 N/A 256,713,240 256,713,240
M1 - MOBILE HOMES 10,320,660 N/A 10,320,660 10,320,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 881,820 N/A 881,820 881,820
S - SPECIAL INVENTORY 13,061,460 N/A 13,061,460 13,061,460
Subtotal 2,147,049,168 2,231,487,474 2,147,049,168
Less Total Deductions 389,748,115 416,552,325 389,748,115
Total Taxable Value 1,757,301,053 1,814,935,149 1,757,301,053

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 T13
1,813,667,981 1,757,301,053 1,813,667,981 1,757,301,053 1,859,827,981


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
56,366,928 0 46,160,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
1,813,667,981 1,757,301,053 1,813,667,981 1,757,301,053 1,859,827,981

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement