taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

003/Angelina

003-903/Lufkin ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,271,598,920 N/A 1,271,598,920 1,271,598,920
B. Multi-Family Residences 46,802,110 N/A 46,802,110 46,802,110
C1. Vacant Lots 58,820,996 N/A 58,820,996 58,820,996
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,153,286 N/A 10,153,286 10,153,286
D2. Real Prop Farm & Ranch 2,834,945 N/A 2,834,945 2,834,945
E. Real Prop NonQual Acres 104,237,448 N/A 104,237,448 104,237,448
F1. Commercial Real 446,694,905 N/A 446,694,905 446,694,905
F2. Industrial Real 54,224,710 N/A 54,224,710 54,224,710
G. Oil, Gas, Minerals 1,679,126 N/A 1,679,126 1,679,126
J. Utilities 101,751,200 N/A 101,751,200 101,751,200
L1. Commercial Personal 261,261,188 N/A 261,261,188 261,261,188
L2. Industrial Personal 290,162,290 N/A 290,162,290 290,162,290
M. Other Personal 14,044,160 N/A 14,044,160 14,044,160
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,985,556 N/A 3,985,556 3,985,556
S. Special Inventory 31,793,400 N/A 31,793,400 31,793,400
Subtotal 2,700,044,240 2,700,044,240 2,700,044,240
Less Total Deductions 444,865,597   444,865,597 444,865,597
Total Taxable Value 2,255,178,643 2,255,178,643 2,255,178,643 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
2,332,990,107 2,255,178,643 2,332,990,107 2,255,178,643


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
77,811,464 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
2,332,990,107 2,255,178,643 2,332,990,107 2,255,178,643

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