taxes Property Tax Assistance

2016 ISD Summary Worksheet

230/Upshur

230-908/Union Grove ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 84,982,052 1.0273 82,723,695 84,982,052
B. Multi-Family Residences 789,440 N/A 789,440 789,440
C1. Vacant Lots 1,160,620 N/A 1,160,620 1,160,620
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 886,999 1.1064 801,665 886,999
D2. Real Prop Farm & Ranch 951,361 N/A 951,361 951,361
E. Real Prop NonQual Acres 45,244,459 1.0075 44,907,652 45,244,459
F1. Commercial Real 2,018,610 N/A 2,018,610 2,018,610
F2. Industrial Real 874,560 N/A 874,560 874,560
G. Oil, Gas, Minerals 21,358,055 1.0092 21,163,352 21,358,055
J. Utilities 3,549,800 N/A 3,549,800 3,549,800
L1. Commercial Personal 2,397,094 N/A 2,397,094 2,397,094
L2. Industrial Personal 2,850,400 N/A 2,850,400 2,850,400
M. Other Personal 3,536,400 N/A 3,536,400 3,536,400
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 48,310 N/A 48,310 48,310
Subtotal 170,648,160 167,772,959 170,648,160
Less Total Deductions 31,671,996   30,892,343 31,671,996
Total Taxable Value 138,976,164 136,880,616 138,976,164 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
146,074,133 138,976,164 146,074,133 138,976,164


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,097,969 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
146,074,133 138,976,164 146,074,133 138,976,164

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