taxes Property Tax Assistance

2022 ISD Summary Worksheet

092-Gregg/Gregg County

092-903/Longview ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,463,975,603 0.8284 2,974,379,048 2,463,975,603
B - MULTIFAMILY 383,154,505 0.8357 458,483,313 383,154,505
C1 - VACANT LOTS 80,549,374 N/A 80,549,374 80,549,374
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,283,460 0.9152 5,772,969 5,283,460
D2 - FARM & RANCH IMP 2,209,922 N/A 2,209,922 2,209,922
E - NON-AG LAND AND IMPROVEMENTS 308,642,050 0.8826 349,696,408 308,642,050
F1 - COMMERCIAL REAL 1,430,336,229 0.9157 1,562,014,010 1,430,336,229
F2 - INDUSTRIAL REAL 198,655,800 N/A 198,655,800 198,655,800
G - ALL MINERALS 86,413,127 N/A 86,413,127 86,413,127
J - ALL UTILITIES 198,308,200 N/A 198,308,200 198,308,200
L1 - COMMERCIAL PERSONAL 717,447,341 0.9785 733,211,386 717,447,341
L2 - INDUSTRIAL PERSONAL 302,457,880 N/A 302,457,880 302,457,880
M1 - MOBILE HOMES 8,492,500 N/A 8,492,500 8,492,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,091,300 N/A 6,091,300 6,091,300
S - SPECIAL INVENTORY 65,207,370 N/A 65,207,370 65,207,370
Subtotal 6,257,224,661 0 7,031,942,607 6,257,224,661
Less Total Deductions 676,827,211 0 869,617,885 676,827,211
Total Taxable Value 5,580,397,450 0 6,162,324,722 5,580,397,450

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
5,722,403,243 5,580,397,450 5,722,403,243 5,580,397,450 5,829,163,243


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
142,005,793 0 106,760,000


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
5,722,403,243 5,580,397,450 5,722,403,243 5,580,397,450 5,829,163,243

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 TWO OF THE GRACE PERIOD

092-903-02/Longview ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,463,975,603 0.8284 2,974,379,048 2,463,975,603
B - MULTIFAMILY 383,154,505 0.8357 458,483,313 383,154,505
C1 - VACANT LOTS 80,549,374 N/A 80,549,374 80,549,374
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,283,460 0.9152 5,772,969 5,283,460
D2 - FARM & RANCH IMP 2,209,922 N/A 2,209,922 2,209,922
E - NON-AG LAND AND IMPROVEMENTS 308,642,050 0.8826 349,696,408 308,642,050
F1 - COMMERCIAL REAL 1,430,336,229 0.9157 1,562,014,010 1,430,336,229
F2 - INDUSTRIAL REAL 198,655,800 N/A 198,655,800 198,655,800
G - ALL MINERALS 86,413,127 N/A 86,413,127 86,413,127
J - ALL UTILITIES 198,308,200 N/A 198,308,200 198,308,200
L1 - COMMERCIAL PERSONAL 717,447,341 0.9785 733,211,386 717,447,341
L2 - INDUSTRIAL PERSONAL 302,457,880 N/A 302,457,880 302,457,880
M1 - MOBILE HOMES 8,492,500 N/A 8,492,500 8,492,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,091,300 N/A 6,091,300 6,091,300
S - SPECIAL INVENTORY 65,207,370 N/A 65,207,370 65,207,370
Subtotal 6,257,224,661 7,031,942,607 6,257,224,661
Less Total Deductions 676,827,211 869,617,885 676,827,211
Total Taxable Value 5,580,397,450 6,162,324,722 5,580,397,450

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
5,722,403,243 5,580,397,450 5,722,403,243 5,580,397,450 5,829,163,243


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
142,005,793 0 106,760,000


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
5,722,403,243 5,580,397,450 5,722,403,243 5,580,397,450 5,829,163,243

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