taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

092/Gregg

092-904/Pine Tree ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 974,488,511 1.0015 973,028,968 974,488,511
B. Multi-Family Residences 82,837,000 .8453 97,997,161 82,837,000
C1. Vacant Lots 12,674,021 N/A 12,674,021 12,674,021
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 613,280 .8836 694,039 613,280
D2. Real Prop Farm & Ranch 191,589 N/A 191,589 191,589
E. Real Prop NonQual Acres 21,667,069 N/A 21,667,069 21,667,069
F1. Commercial Real 191,773,377 .9150 209,588,390 191,773,377
F2. Industrial Real 62,962,550 N/A 62,962,550 62,962,550
G. Oil, Gas, Minerals 34,156,630 N/A 34,156,630 34,156,630
J. Utilities 76,886,140 N/A 76,886,140 76,886,140
L1. Commercial Personal 162,913,555 1.0831 150,414,140 162,913,555
L2. Industrial Personal 279,228,910 N/A 279,228,910 279,228,910
M. Other Personal 4,068,890 N/A 4,068,890 4,068,890
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,639,417 N/A 5,639,417 5,639,417
S. Special Inventory 5,914,330 N/A 5,914,330 5,914,330
Subtotal 1,916,015,269 1,935,112,244 1,916,015,269
Less Total Deductions 303,787,490   303,333,380 303,787,490
Total Taxable Value 1,612,227,779 1,631,778,864 1,612,227,779 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
1,663,113,607 1,612,227,779 1,584,867,602 1,533,981,774


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,885,828 78,246,005


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
1,663,113,607 1,612,227,779 1,584,867,602 1,533,981,774

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