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 88,738,748 N/A 88,738,748 88,738,748
B. Multi-Family Residences 1,153,320 N/A 1,153,320 1,153,320
C1. Vacant Lots 1,291,030 N/A 1,291,030 1,291,030
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,023,988 N/A 1,023,988 1,023,988
D2. Real Prop Farm & Ranch 835,790 N/A 835,790 835,790
E. Real Prop NonQual Acres 47,408,824 N/A 47,408,824 47,408,824
F1. Commercial Real 2,071,840 N/A 2,071,840 2,071,840
F2. Industrial Real 874,460 N/A 874,460 874,460
G. Oil, Gas, Minerals 22,330,626 N/A 22,330,626 22,330,626
J. Utilities 3,454,770 N/A 3,454,770 3,454,770
L1. Commercial Personal 2,795,910 N/A 2,795,910 2,795,910
L2. Industrial Personal 2,939,170 N/A 2,939,170 2,939,170
M. Other Personal 4,109,987 N/A 4,109,987 4,109,987
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 26,370 N/A 26,370 26,370
Subtotal 179,054,833 179,054,833 179,054,833
Less Total Deductions 32,980,079   32,980,079 32,980,079
Total Taxable Value 146,074,754 146,074,754 146,074,754 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
153,215,106 146,074,754 153,215,106 146,074,754


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,140,352 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
153,215,106 146,074,754 153,215,106 146,074,754

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