taxes Property Tax Assistance

2017 ISD Summary Worksheet

003/Angelina

003-903/Lufkin ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,311,292,144 N/A 1,311,292,144 1,311,292,144
B. Multi-Family Residences 53,220,358 N/A 53,220,358 53,220,358
C1. Vacant Lots 56,622,809 N/A 56,622,809 56,622,809
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,867,263 N/A 11,867,263 11,867,263
D2. Real Prop Farm & Ranch 2,886,665 N/A 2,886,665 2,886,665
E. Real Prop NonQual Acres 111,019,235 N/A 111,019,235 111,019,235
F1. Commercial Real 462,575,905 N/A 462,575,905 462,575,905
F2. Industrial Real 34,226,930 N/A 34,226,930 34,226,930
G. Oil, Gas, Minerals 1,758,184 N/A 1,758,184 1,758,184
J. Utilities 98,177,580 N/A 98,177,580 98,177,580
L1. Commercial Personal 259,024,988 N/A 259,024,988 259,024,988
L2. Industrial Personal 167,664,220 N/A 167,664,220 167,664,220
M. Other Personal 14,228,600 N/A 14,228,600 14,228,600
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,894,680 N/A 2,894,680 2,894,680
S. Special Inventory 24,683,790 N/A 24,683,790 24,683,790
Subtotal 2,612,143,351 2,612,143,351 2,612,143,351
Less Total Deductions 400,345,366   400,345,366 400,345,366
Total Taxable Value 2,211,797,985 2,211,797,985 2,211,797,985 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
2,287,900,667 2,211,797,985 2,287,900,667 2,211,797,985


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
76,102,682 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
2,287,900,667 2,211,797,985 2,287,900,667 2,211,797,985

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