taxes Property Tax Assistance

2017 ISD Summary Worksheet

230/Upshur

230-908/Union Grove ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 82,458,685 N/A 82,458,685 82,458,685
B. Multi-Family Residences 558,710 N/A 558,710 558,710
C1. Vacant Lots 1,279,030 N/A 1,279,030 1,279,030
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 863,835 N/A 863,835 863,835
D2. Real Prop Farm & Ranch 976,630 N/A 976,630 976,630
E. Real Prop NonQual Acres 43,326,181 N/A 43,326,181 43,326,181
F1. Commercial Real 1,809,240 N/A 1,809,240 1,809,240
F2. Industrial Real 928,000 N/A 928,000 928,000
G. Oil, Gas, Minerals 35,628,851 N/A 35,628,851 35,628,851
J. Utilities 3,820,640 N/A 3,820,640 3,820,640
L1. Commercial Personal 2,079,432 N/A 2,079,432 2,079,432
L2. Industrial Personal 3,196,160 N/A 3,196,160 3,196,160
M. Other Personal 3,318,610 N/A 3,318,610 3,318,610
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 43,270 N/A 43,270 43,270
Subtotal 180,287,274 180,287,274 180,287,274
Less Total Deductions 32,727,494   32,727,494 32,727,494
Total Taxable Value 147,559,780 147,559,780 147,559,780 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
154,835,919 147,559,780 154,835,919 147,559,780


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,276,139 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
154,835,919 147,559,780 154,835,919 147,559,780

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