taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

092/Gregg

092-904/Pine Tree ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 955,235,267 .9776 977,122,818 955,235,267
B. Multi-Family Residences 80,723,671 .8223 98,168,152 80,723,671
C1. Vacant Lots 13,341,551 N/A 13,341,551 13,341,551
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 631,727 1.1869 532,265 631,727
D2. Real Prop Farm & Ranch 133,760 N/A 133,760 133,760
E. Real Prop NonQual Acres 20,286,390 N/A 20,286,390 20,286,390
F1. Commercial Real 181,668,900 .9597 189,297,593 181,668,900
F2. Industrial Real 55,216,800 N/A 55,216,800 55,216,800
G. Oil, Gas, Minerals 49,660,650 N/A 49,660,650 49,660,650
J. Utilities 70,841,020 N/A 70,841,020 70,841,020
L1. Commercial Personal 143,601,266 1.0373 138,437,546 143,601,266
L2. Industrial Personal 272,744,870 N/A 272,744,870 272,744,870
M. Other Personal 3,028,410 N/A 3,028,410 3,028,410
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,722,513 N/A 1,722,513 1,722,513
S. Special Inventory 8,342,380 N/A 8,342,380 8,342,380
Subtotal 1,857,179,175 1,898,876,718 1,857,179,175
Less Total Deductions 259,953,528   266,631,545 259,953,528
Total Taxable Value 1,597,225,647 1,632,245,173 1,597,225,647 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
1,650,241,338 1,597,225,647 1,571,761,373 1,518,745,682 1,604,169,570 1,525,689,605


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
53,015,691 78,479,965


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
1,650,241,338 1,597,225,647 1,571,761,373 1,518,745,682 1,604,169,570 1,525,689,605

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified