taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

161/McLennan

161-909/McGregor ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 156,141,160 N/A 156,141,160 156,141,160
B. Multi-Family Residences 4,365,095 N/A 4,365,095 4,365,095
C1. Vacant Lots 3,751,641 N/A 3,751,641 3,751,641
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,889,532 N/A 6,889,532 6,889,532
D2. Real Prop Farm & Ranch 1,350,602 N/A 1,350,602 1,350,602
E. Real Prop NonQual Acres 32,834,858 N/A 32,834,858 32,834,858
F1. Commercial Real 36,580,737 N/A 36,580,737 36,580,737
F2. Industrial Real 43,969,531 N/A 43,969,531 43,969,531
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 20,327,488 N/A 20,327,488 20,327,488
L1. Commercial Personal 60,396,390 N/A 60,396,390 60,396,390
L2. Industrial Personal 59,744,760 N/A 59,744,760 59,744,760
M. Other Personal 930,860 N/A 930,860 930,860
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 454,780 N/A 454,780 454,780
S. Special Inventory 5,687,500 N/A 5,687,500 5,687,500
Subtotal 433,424,934 433,424,934 433,424,934
Less Total Deductions 84,572,806   84,572,806 84,572,806
Total Taxable Value 348,852,128 348,852,128 348,852,128 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
361,132,462 348,852,128 361,132,462 348,852,128


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,280,334 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
361,132,462 348,852,128 361,132,462 348,852,128

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