taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

037/Cherokee

212-904/Troup ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 26,393,370 .9552 27,631,250 26,393,370
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,974,150 N/A 1,974,150 1,974,150
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,482,410 .9529 3,654,430 3,482,410
D2. Real Prop Farm & Ranch 1,372,140 N/A 1,372,140 1,372,140
E. Real Prop NonQual Acres 61,360,710 .9671 63,448,154 61,360,710
F1. Commercial Real 345,220 N/A 345,220 345,220
F2. Industrial Real 1,769,350 N/A 1,769,350 1,769,350
G. Oil, Gas, Minerals 39,099,200 1.0057 38,877,598 39,099,200
J. Utilities 20,614,010 .9524 21,644,278 20,614,010
L1. Commercial Personal 624,930 N/A 624,930 624,930
L2. Industrial Personal 3,658,680 N/A 3,658,680 3,658,680
M. Other Personal 1,064,690 N/A 1,064,690 1,064,690
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 161,758,860 166,064,870 161,758,860
Less Total Deductions 22,950,919   24,221,575 22,950,919
Total Taxable Value 138,807,941 141,843,295 138,807,941 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
143,290,565 138,807,941 143,290,565 138,807,941


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,482,624 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
143,290,565 138,807,941 143,290,565 138,807,941

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

212/Smith

212-904/Troup ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 59,128,407 1.0230 57,799,029 59,128,407
B. Multi-Family Residences 2,164,192 N/A 2,164,192 2,164,192
C1. Vacant Lots 3,650,022 N/A 3,650,022 3,650,022
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,057,110 1.1921 2,564,448 3,057,110
D2. Real Prop Farm & Ranch 1,198,460 N/A 1,198,460 1,198,460
E. Real Prop NonQual Acres 38,622,890 .9950 38,816,975 38,622,890
F1. Commercial Real 10,869,556 .9635 11,281,324 10,869,556
F2. Industrial Real 1,099,057 N/A 1,099,057 1,099,057
G. Oil, Gas, Minerals 59,449,095 1.0166 58,478,354 59,449,095
J. Utilities 17,720,178 1.0441 16,971,725 17,720,178
L1. Commercial Personal 7,523,192 N/A 7,523,192 7,523,192
L2. Industrial Personal 7,241,546 N/A 7,241,546 7,241,546
M. Other Personal 1,727,048 N/A 1,727,048 1,727,048
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 88,540 N/A 88,540 88,540
S. Special Inventory 8,817 N/A 8,817 8,817
Subtotal 213,548,110 210,612,729 213,548,110
Less Total Deductions 28,617,971   28,129,654 28,617,971
Total Taxable Value 184,930,139 182,483,075 184,930,139 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
190,865,810 184,930,139 190,865,810 184,930,139


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,935,671 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
190,865,810 184,930,139 190,865,810 184,930,139

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

212-904/Troup ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 85,521,777 1.0011 85,430,279 85,521,777
B. Multi-Family Residences 2,164,192 N/A 2,164,192 2,164,192
C1. Vacant Lots 5,624,172 N/A 5,624,172 5,624,172
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,539,520 1.0516 6,218,878 6,539,520
D2. Real Prop Farm & Ranch 2,570,600 N/A 2,570,600 2,570,600
E. Real Prop NonQual Acres 99,983,600 .9777 102,265,129 99,983,600
F1. Commercial Real 11,214,776 .9646 11,626,544 11,214,776
F2. Industrial Real 2,868,407 N/A 2,868,407 2,868,407
G. Oil, Gas, Minerals 98,548,295 1.0122 97,355,952 98,548,295
J. Utilities 38,334,188 .9927 38,616,003 38,334,188
L1. Commercial Personal 8,148,122 N/A 8,148,122 8,148,122
L2. Industrial Personal 10,900,226 N/A 10,900,226 10,900,226
M. Other Personal 2,791,738 N/A 2,791,738 2,791,738
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 88,540 N/A 88,540 88,540
S. Special Inventory 8,817 N/A 8,817 8,817
Subtotal 375,306,970 376,677,599 375,306,970
Less Total Deductions 51,568,890   52,351,229 51,568,890
Total Taxable Value 323,738,080 324,326,370 323,738,080 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