taxes Property Tax Assistance

2016 ISD Summary Worksheet

161/McLennan

161-909/McGregor ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 173,053,191 .9779 176,964,098 173,053,191
B. Multi-Family Residences 4,641,725 N/A 4,641,725 4,641,725
C1. Vacant Lots 3,655,990 N/A 3,655,990 3,655,990
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,971,100 1.0875 6,410,089 6,971,100
D2. Real Prop Farm & Ranch 1,438,606 N/A 1,438,606 1,438,606
E. Real Prop NonQual Acres 35,612,504 .8950 39,790,507 35,612,504
F1. Commercial Real 38,067,096 .9503 40,057,977 38,067,096
F2. Industrial Real 44,980,300 N/A 44,980,300 44,980,300
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 20,768,398 .9919 20,937,996 20,768,398
L1. Commercial Personal 62,119,350 1.0620 58,492,797 62,119,350
L2. Industrial Personal 69,182,000 N/A 69,182,000 69,182,000
M. Other Personal 877,430 N/A 877,430 877,430
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 6,498,220 N/A 6,498,220 6,498,220
Subtotal 467,865,910 473,927,735 467,865,910
Less Total Deductions 85,599,165   87,092,576 85,599,165
Total Taxable Value 382,266,745 386,835,159 382,266,745 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
394,551,138 382,266,745 394,551,138 382,266,745


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,284,393 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
394,551,138 382,266,745 394,551,138 382,266,745

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