taxes Property Tax Assistance

2016 ISD Summary Worksheet

092/Gregg

092-903/Longview ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,935,685,667 N/A 1,935,685,667 1,935,685,667
B. Multi-Family Residences 213,204,652 N/A 213,204,652 213,204,652
C1. Vacant Lots 53,847,743 N/A 53,847,743 53,847,743
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,113,002 N/A 4,113,002 4,113,002
D2. Real Prop Farm & Ranch 2,010,682 N/A 2,010,682 2,010,682
E. Real Prop NonQual Acres 207,288,908 N/A 207,288,908 207,288,908
F1. Commercial Real 948,654,439 N/A 948,654,439 948,654,439
F2. Industrial Real 102,673,580 N/A 102,673,580 102,673,580
G. Oil, Gas, Minerals 23,601,940 N/A 23,601,940 23,601,940
J. Utilities 121,566,390 N/A 121,566,390 121,566,390
L1. Commercial Personal 542,505,106 N/A 542,505,106 542,505,106
L2. Industrial Personal 311,435,020 N/A 311,435,020 311,435,020
M. Other Personal 7,675,800 N/A 7,675,800 7,675,800
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 19,782,724 N/A 19,782,724 19,782,724
S. Special Inventory 46,778,730 N/A 46,778,730 46,778,730
Subtotal 4,540,824,383 4,540,824,383 4,540,824,383
Less Total Deductions 553,396,925   553,396,925 553,396,925
Total Taxable Value 3,987,427,458 3,987,427,458 3,987,427,458 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
4,087,115,351 3,987,427,458 4,087,115,351 3,987,427,458


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
99,687,893 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
4,087,115,351 3,987,427,458 4,087,115,351 3,987,427,458

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