taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

037/Cherokee

212-904/Troup ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 26,464,840 1.0535 25,120,873 26,464,840
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,054,410 N/A 1,054,410 1,054,410
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,826,960 1.0759 3,556,905 3,826,960
D2. Real Prop Farm & Ranch 1,322,720 N/A 1,322,720 1,322,720
E. Real Prop NonQual Acres 52,240,550 .9381 55,687,613 52,240,550
F1. Commercial Real 352,690 N/A 352,690 352,690
F2. Industrial Real 1,798,200 N/A 1,798,200 1,798,200
G. Oil, Gas, Minerals 26,819,497 .9978 26,878,630 26,819,497
J. Utilities 21,560,960 .9712 22,200,329 21,560,960
L1. Commercial Personal 533,840 N/A 533,840 533,840
L2. Industrial Personal 2,869,910 N/A 2,869,910 2,869,910
M. Other Personal 1,044,160 N/A 1,044,160 1,044,160
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 139,888,737 142,420,280 139,888,737
Less Total Deductions 18,484,080   17,220,743 18,484,080
Total Taxable Value 121,404,657 125,199,537 121,404,657 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
126,644,587 121,404,657 126,644,587 121,404,657 122,033,637 122,033,637


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,239,930 0


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
126,644,587 121,404,657 126,644,587 121,404,657 122,033,637 122,033,637

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

212/Smith

212-904/Troup ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 53,475,063 .9878 54,135,516 53,475,063
B. Multi-Family Residences 2,028,136 N/A 2,028,136 2,028,136
C1. Vacant Lots 2,787,413 N/A 2,787,413 2,787,413
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,034,705 1.3261 2,288,395 3,034,705
D2. Real Prop Farm & Ranch 1,031,045 N/A 1,031,045 1,031,045
E. Real Prop NonQual Acres 32,046,198 1.0438 30,701,473 32,046,198
F1. Commercial Real 10,641,198 .8361 12,727,183 10,641,198
F2. Industrial Real 1,621,396 N/A 1,621,396 1,621,396
G. Oil, Gas, Minerals 50,817,055 .9943 51,108,373 50,817,055
J. Utilities 12,291,559 N/A 12,291,559 12,291,559
L1. Commercial Personal 6,470,247 N/A 6,470,247 6,470,247
L2. Industrial Personal 10,477,432 N/A 10,477,432 10,477,432
M. Other Personal 1,988,340 N/A 1,988,340 1,988,340
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 104,140 N/A 104,140 104,140
S. Special Inventory 0 N/A 0 0
Subtotal 188,813,927 189,760,648 188,813,927
Less Total Deductions 24,349,245   24,598,364 24,349,245
Total Taxable Value 164,464,682 165,162,284 164,464,682 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
171,239,396 164,464,682 171,239,396 164,464,682 164,464,682 164,464,682


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,774,714 0


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
171,239,396 164,464,682 171,239,396 164,464,682 164,464,682 164,464,682

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

212-904/Troup ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 79,939,903 1.0086 79,256,389 79,939,903
B. Multi-Family Residences 2,028,136 N/A 2,028,136 2,028,136
C1. Vacant Lots 3,841,823 N/A 3,841,823 3,841,823
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,861,665 1.1739 5,845,300 6,861,665
D2. Real Prop Farm & Ranch 2,353,765 N/A 2,353,765 2,353,765
E. Real Prop NonQual Acres 84,286,748 .9757 86,389,086 84,286,748
F1. Commercial Real 10,993,888 .8405 13,079,873 10,993,888
F2. Industrial Real 3,419,596 N/A 3,419,596 3,419,596
G. Oil, Gas, Minerals 77,636,552 .9955 77,987,003 77,636,552
J. Utilities 33,852,519 .9815 34,491,888 33,852,519
L1. Commercial Personal 7,004,087 N/A 7,004,087 7,004,087
L2. Industrial Personal 13,347,342 N/A 13,347,342 13,347,342
M. Other Personal 3,032,500 N/A 3,032,500 3,032,500
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 104,140 N/A 104,140 104,140
S. Special Inventory 0 N/A 0 0
Subtotal 328,702,664 332,180,928 328,702,664
Less Total Deductions 42,833,325   41,819,107 42,833,325
Total Taxable Value 285,869,339 290,361,821 285,869,339 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