taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

092/Gregg

092-902/Kilgore ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 316,793,492 N/A 316,793,492 316,793,492
B. Multi-Family Residences 22,266,200 N/A 22,266,200 22,266,200
C1. Vacant Lots 8,975,258 N/A 8,975,258 8,975,258
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,534,503 N/A 1,534,503 1,534,503
D2. Real Prop Farm & Ranch 595,093 N/A 595,093 595,093
E. Real Prop NonQual Acres 40,441,906 N/A 40,441,906 40,441,906
F1. Commercial Real 151,154,992 N/A 151,154,992 151,154,992
F2. Industrial Real 76,458,755 N/A 76,458,755 76,458,755
G. Oil, Gas, Minerals 51,263,660 N/A 51,263,660 51,263,660
J. Utilities 40,860,430 N/A 40,860,430 40,860,430
L1. Commercial Personal 294,633,291 N/A 294,633,291 294,633,291
L2. Industrial Personal 378,818,490 N/A 378,818,490 378,818,490
M. Other Personal 4,431,920 N/A 4,431,920 4,431,920
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,385,470 N/A 1,385,470 1,385,470
S. Special Inventory 7,409,170 N/A 7,409,170 7,409,170
Subtotal 1,397,022,630 1,397,022,630 1,397,022,630
Less Total Deductions 163,511,826   163,511,826 163,511,826
Total Taxable Value 1,233,510,804 1,233,510,804 1,233,510,804 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
1,256,041,763 1,233,510,804 1,229,921,529 1,207,390,570 1,238,463,829 1,212,343,595


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,530,959 26,120,234


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
1,256,041,763 1,233,510,804 1,229,921,529 1,207,390,570 1,238,463,829 1,212,343,595

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

201/Rusk

092-902/Kilgore ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 306,692,110 .9563 320,707,006 306,692,110
B. Multi-Family Residences 729,900 N/A 729,900 729,900
C1. Vacant Lots 15,306,790 N/A 15,306,790 15,306,790
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,499,520 1.2355 2,023,157 2,499,520
D2. Real Prop Farm & Ranch 3,089,050 N/A 3,089,050 3,089,050
E. Real Prop NonQual Acres 43,852,970 .9792 44,784,487 43,852,970
F1. Commercial Real 8,677,860 N/A 8,677,860 8,677,860
F2. Industrial Real 11,036,730 N/A 11,036,730 11,036,730
G. Oil, Gas, Minerals 53,459,220 1.0676 50,074,204 53,459,220
J. Utilities 24,973,680 .8889 28,095,039 24,973,680
L1. Commercial Personal 5,316,350 N/A 5,316,350 5,316,350
L2. Industrial Personal 68,424,510 N/A 68,424,510 68,424,510
M. Other Personal 4,896,110 N/A 4,896,110 4,896,110
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 77,220 N/A 77,220 77,220
Subtotal 549,032,020 563,238,413 549,032,020
Less Total Deductions 95,175,676   99,567,897 95,175,676
Total Taxable Value 453,856,344 463,670,516 453,856,344 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
475,879,494 453,856,344 449,987,879 427,964,729 453,856,344 427,964,729


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,023,150 25,891,615


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
475,879,494 453,856,344 449,987,879 427,964,729 453,856,344 427,964,729

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

092-902/Kilgore ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 623,485,602 .9780 637,500,498 623,485,602
B. Multi-Family Residences 22,996,100 N/A 22,996,100 22,996,100
C1. Vacant Lots 24,282,048 N/A 24,282,048 24,282,048
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,034,023 1.1339 3,557,660 4,034,023
D2. Real Prop Farm & Ranch 3,684,143 N/A 3,684,143 3,684,143
E. Real Prop NonQual Acres 84,294,876 .9891 85,226,393 84,294,876
F1. Commercial Real 159,832,852 N/A 159,832,852 159,832,852
F2. Industrial Real 87,495,485 N/A 87,495,485 87,495,485
G. Oil, Gas, Minerals 104,722,880 1.0334 101,337,864 104,722,880
J. Utilities 65,834,110 .9547 68,955,469 65,834,110
L1. Commercial Personal 299,949,641 N/A 299,949,641 299,949,641
L2. Industrial Personal 447,243,000 N/A 447,243,000 447,243,000
M. Other Personal 9,328,030 N/A 9,328,030 9,328,030
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,385,470 N/A 1,385,470 1,385,470
S. Special Inventory 7,486,390 N/A 7,486,390 7,486,390
Subtotal 1,946,054,650 1,960,261,043 1,946,054,650
Less Total Deductions 258,687,502   263,079,723 258,687,502
Total Taxable Value 1,687,367,148 1,697,181,320 1,687,367,148 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