taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

092/Gregg

092-902/Kilgore ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 323,449,698 .9900 326,716,867 323,449,698
B. Multi-Family Residences 22,676,600 N/A 22,676,600 22,676,600
C1. Vacant Lots 9,073,418 N/A 9,073,418 9,073,418
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,512,724 .8616 1,755,707 1,512,724
D2. Real Prop Farm & Ranch 704,243 N/A 704,243 704,243
E. Real Prop NonQual Acres 44,255,424 N/A 44,255,424 44,255,424
F1. Commercial Real 152,054,998 .9318 163,184,158 152,054,998
F2. Industrial Real 75,033,735 N/A 75,033,735 75,033,735
G. Oil, Gas, Minerals 30,646,520 .9915 30,909,249 30,646,520
J. Utilities 41,319,070 N/A 41,319,070 41,319,070
L1. Commercial Personal 273,027,254 1.0935 249,681,988 273,027,254
L2. Industrial Personal 373,460,560 N/A 373,460,560 373,460,560
M. Other Personal 4,377,810 N/A 4,377,810 4,377,810
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,163,030 N/A 1,163,030 1,163,030
S. Special Inventory 8,299,840 N/A 8,299,840 8,299,840
Subtotal 1,361,054,924 1,352,611,699 1,361,054,924
Less Total Deductions 184,203,143   185,367,049 184,203,143
Total Taxable Value 1,176,851,781 1,167,244,650 1,176,851,781 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,197,113,160 1,176,851,781 1,197,113,160 1,176,851,781


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,261,379 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,197,113,160 1,176,851,781 1,197,113,160 1,176,851,781

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 324,886,780 N/A 324,886,780 324,886,780
B. Multi-Family Residences 980,260 N/A 980,260 980,260
C1. Vacant Lots 14,586,130 N/A 14,586,130 14,586,130
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,627,480 N/A 2,627,480 2,627,480
D2. Real Prop Farm & Ranch 3,083,840 N/A 3,083,840 3,083,840
E. Real Prop NonQual Acres 48,045,810 N/A 48,045,810 48,045,810
F1. Commercial Real 9,456,540 N/A 9,456,540 9,456,540
F2. Industrial Real 11,002,620 N/A 11,002,620 11,002,620
G. Oil, Gas, Minerals 35,930,190 N/A 35,930,190 35,930,190
J. Utilities 24,955,430 N/A 24,955,430 24,955,430
L1. Commercial Personal 5,961,980 N/A 5,961,980 5,961,980
L2. Industrial Personal 64,155,950 N/A 64,155,950 64,155,950
M. Other Personal 4,627,710 N/A 4,627,710 4,627,710
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 83,680 N/A 83,680 83,680
Subtotal 550,384,400 550,384,400 550,384,400
Less Total Deductions 118,409,952   118,409,952 118,409,952
Total Taxable Value 431,974,448 431,974,448 431,974,448 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
452,599,598 431,974,448 452,599,598 431,974,448


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,625,150 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
452,599,598 431,974,448 452,599,598 431,974,448

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

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

092-902/Kilgore ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 648,336,478 .9950 651,603,647 648,336,478
B. Multi-Family Residences 23,656,860 N/A 23,656,860 23,656,860
C1. Vacant Lots 23,659,548 N/A 23,659,548 23,659,548
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,140,204 .9446 4,383,187 4,140,204
D2. Real Prop Farm & Ranch 3,788,083 N/A 3,788,083 3,788,083
E. Real Prop NonQual Acres 92,301,234 N/A 92,301,234 92,301,234
F1. Commercial Real 161,511,538 .9355 172,640,698 161,511,538
F2. Industrial Real 86,036,355 N/A 86,036,355 86,036,355
G. Oil, Gas, Minerals 66,576,710 .9961 66,839,439 66,576,710
J. Utilities 66,274,500 N/A 66,274,500 66,274,500
L1. Commercial Personal 278,989,234 1.0913 255,643,968 278,989,234
L2. Industrial Personal 437,616,510 N/A 437,616,510 437,616,510
M. Other Personal 9,005,520 N/A 9,005,520 9,005,520
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,163,030 N/A 1,163,030 1,163,030
S. Special Inventory 8,383,520 N/A 8,383,520 8,383,520
Subtotal 1,911,439,324 1,902,996,099 1,911,439,324
Less Total Deductions 302,613,095   303,777,001 302,613,095
Total Taxable Value 1,608,826,229 1,599,219,098 1,608,826,229 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