taxes Property Tax Assistance

2022 ISD Summary Worksheet

161-McLennan /McLennan County

161-909/McGregor ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	389,561,693	0.9479	410,973,408	389,561,693
B - MULTIFAMILY	19,802,128	N/A	19,802,128	19,802,128
C1 - VACANT LOTS	6,434,080	N/A	6,434,080	6,434,080
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,172,920	0.9669	7,418,574	7,172,920
D2 - FARM & RANCH IMP	2,783,340	N/A	2,783,340	2,783,340
E - NON-AG LAND AND IMPROVEMENTS	80,775,887	1.1636	69,418,947	80,775,887
F1 - COMMERCIAL REAL	56,337,368	0.8609	65,440,084	56,337,368
F2 - INDUSTRIAL REAL	65,258,840	N/A	65,258,840	65,258,840
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	29,883,977	N/A	29,883,977	29,883,977
L1 - COMMERCIAL PERSONAL	53,860,050	1.0762	50,046,506	53,860,050
L2 - INDUSTRIAL PERSONAL	135,256,580	N/A	135,256,580	135,256,580
M1 - MOBILE HOMES	1,289,570	N/A	1,289,570	1,289,570
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,172,980	N/A	1,172,980	1,172,980
S - SPECIAL INVENTORY	5,964,920	N/A	5,964,920	5,964,920
Subtotal	855,554,333	0	871,143,934	855,554,333
Less Total Deductions	198,508,949	0	207,671,972	198,508,949
Total Taxable Value	657,045,384	0	663,471,962	657,045,384

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
675,711,922	657,045,384	675,711,922	657,045,384	688,801,922

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
18,666,538	0	13,090,000

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
675,711,922	657,045,384	675,711,922	657,045,384	688,801,922

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

161-909-02/McGregor ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	389,561,693	0.9479	410,973,408	389,561,693
B - MULTIFAMILY	19,802,128	N/A	19,802,128	19,802,128
C1 - VACANT LOTS	6,434,080	N/A	6,434,080	6,434,080
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,172,920	0.9669	7,418,574	7,172,920
D2 - FARM & RANCH IMP	2,783,340	N/A	2,783,340	2,783,340
E - NON-AG LAND AND IMPROVEMENTS	80,775,887	1.1636	69,418,947	80,775,887
F1 - COMMERCIAL REAL	56,337,368	0.8609	65,440,084	56,337,368
F2 - INDUSTRIAL REAL	65,258,840	N/A	65,258,840	65,258,840
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	29,883,977	N/A	29,883,977	29,883,977
L1 - COMMERCIAL PERSONAL	53,860,050	1.0762	50,046,506	53,860,050
L2 - INDUSTRIAL PERSONAL	135,256,580	N/A	135,256,580	135,256,580
M1 - MOBILE HOMES	1,289,570	N/A	1,289,570	1,289,570
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,172,980	N/A	1,172,980	1,172,980
S - SPECIAL INVENTORY	5,964,920	N/A	5,964,920	5,964,920
Subtotal	855,554,333		871,143,934	855,554,333
Less Total Deductions	198,508,949		207,671,972	198,508,949
Total Taxable Value	657,045,384		663,471,962	657,045,384

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
675,711,922	657,045,384	675,711,922	657,045,384	688,801,922

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
18,666,538	0	13,090,000

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
675,711,922	657,045,384	675,711,922	657,045,384	688,801,922

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