taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

092/Gregg

092-908/White Oak ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 237,756,035 .9797 242,682,490 237,756,035
B. Multi-Family Residences 11,922,860 N/A 11,922,860 11,922,860
C1. Vacant Lots 2,357,300 N/A 2,357,300 2,357,300
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 541,407 1.1172 484,598 541,407
D2. Real Prop Farm & Ranch 61,290 N/A 61,290 61,290
E. Real Prop NonQual Acres 18,770,936 N/A 18,770,936 18,770,936
F1. Commercial Real 18,710,900 N/A 18,710,900 18,710,900
F2. Industrial Real 5,142,540 N/A 5,142,540 5,142,540
G. Oil, Gas, Minerals 80,690,810 1.0027 80,473,531 80,690,810
J. Utilities 16,435,770 N/A 16,435,770 16,435,770
L1. Commercial Personal 18,454,230 N/A 18,454,230 18,454,230
L2. Industrial Personal 45,653,440 N/A 45,653,440 45,653,440
M. Other Personal 1,356,602 N/A 1,356,602 1,356,602
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 295,390 N/A 295,390 295,390
S. Special Inventory 398,090 N/A 398,090 398,090
Subtotal 458,547,600 463,199,967 458,547,600
Less Total Deductions 61,452,330   62,757,895 61,452,330
Total Taxable Value 397,095,270 400,442,072 397,095,270 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
411,632,268 397,095,270 390,475,693 375,938,695 398,986,438 377,829,863


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,536,998 21,156,575


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
411,632,268 397,095,270 390,475,693 375,938,695 398,986,438 377,829,863

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