taxes Property Tax Assistance

2022 ISD Summary Worksheet

092-Gregg/Gregg County

092-908/White Oak ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	318,503,740	0.8608	370,008,992	318,503,740
B - MULTIFAMILY	24,362,700	N/A	24,362,700	24,362,700
C1 - VACANT LOTS	3,190,341	N/A	3,190,341	3,190,341
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	298,278	0.8879	335,953	298,278
D2 - FARM & RANCH IMP	50,000	N/A	50,000	50,000
E - NON-AG LAND AND IMPROVEMENTS	37,136,889	0.6632	55,996,515	37,136,889
F1 - COMMERCIAL REAL	27,265,930	0.9065	30,078,246	27,265,930
F2 - INDUSTRIAL REAL	7,532,790	N/A	7,532,790	7,532,790
G - ALL MINERALS	20,020,055	N/A	20,020,055	20,020,055
J - ALL UTILITIES	14,405,473	N/A	14,405,473	14,405,473
L1 - COMMERCIAL PERSONAL	17,455,097	N/A	17,455,097	17,455,097
L2 - INDUSTRIAL PERSONAL	37,914,060	N/A	37,914,060	37,914,060
M1 - MOBILE HOMES	1,947,720	N/A	1,947,720	1,947,720
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	552,870	N/A	552,870	552,870
S - SPECIAL INVENTORY	12,640	N/A	12,640	12,640
Subtotal	510,648,583	0	583,863,452	510,648,583
Less Total Deductions	108,678,809	0	124,123,913	108,678,809
Total Taxable Value	401,969,774	0	459,739,539	401,969,774

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
423,325,871	401,969,774	395,366,360	374,010,263	438,685,871

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
21,356,097	27,959,511	15,360,000

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
423,325,871	401,969,774	395,366,360	374,010,263	438,685,871

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

092-908-02/White Oak ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	318,503,740	0.8608	370,008,992	318,503,740
B - MULTIFAMILY	24,362,700	N/A	24,362,700	24,362,700
C1 - VACANT LOTS	3,190,341	N/A	3,190,341	3,190,341
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	298,278	0.8879	335,953	298,278
D2 - FARM & RANCH IMP	50,000	N/A	50,000	50,000
E - NON-AG LAND AND IMPROVEMENTS	37,136,889	0.6632	55,996,515	37,136,889
F1 - COMMERCIAL REAL	27,265,930	0.9065	30,078,246	27,265,930
F2 - INDUSTRIAL REAL	7,532,790	N/A	7,532,790	7,532,790
G - ALL MINERALS	20,020,055	N/A	20,020,055	20,020,055
J - ALL UTILITIES	14,405,473	N/A	14,405,473	14,405,473
L1 - COMMERCIAL PERSONAL	17,455,097	N/A	17,455,097	17,455,097
L2 - INDUSTRIAL PERSONAL	37,914,060	N/A	37,914,060	37,914,060
M1 - MOBILE HOMES	1,947,720	N/A	1,947,720	1,947,720
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	552,870	N/A	552,870	552,870
S - SPECIAL INVENTORY	12,640	N/A	12,640	12,640
Subtotal	510,648,583		583,863,452	510,648,583
Less Total Deductions	108,678,809		124,123,913	108,678,809
Total Taxable Value	401,969,774		459,739,539	401,969,774

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
423,325,871	401,969,774	395,366,360	374,010,263	438,685,871

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
21,356,097	27,959,511	15,360,000

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
423,325,871	401,969,774	395,366,360	374,010,263	438,685,871

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