taxes Property Tax Assistance

2018 ISD Summary Worksheet

003/Angelina

003-903/Lufkin ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,373,832,359 1.0056 1,366,181,741 1,373,832,359
B. Multi-Family Residences 52,655,210 N/A 52,655,210 52,655,210
C1. Vacant Lots 58,048,003 N/A 58,048,003 58,048,003
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,862,617 1.0925 10,857,872 11,862,617
D2. Real Prop Farm & Ranch 2,827,783 N/A 2,827,783 2,827,783
E. Real Prop NonQual Acres 116,522,096 N/A 116,522,096 116,522,096
F1. Commercial Real 468,041,245 .8431 555,143,216 468,041,245
F2. Industrial Real 33,372,250 N/A 33,372,250 33,372,250
G. Oil, Gas, Minerals 61,682,326 N/A 61,682,326 61,682,326
J. Utilities 101,524,930 N/A 101,524,930 101,524,930
L1. Commercial Personal 257,192,010 .9376 274,308,884 257,192,010
L2. Industrial Personal 192,012,970 N/A 192,012,970 192,012,970
M. Other Personal 13,506,860 N/A 13,506,860 13,506,860
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,799,250 N/A 2,799,250 2,799,250
S. Special Inventory 29,449,660 N/A 29,449,660 29,449,660
Subtotal 2,775,329,569 2,870,893,051 2,775,329,569
Less Total Deductions 449,188,206   446,737,518 449,188,206
Total Taxable Value 2,326,141,363 2,424,155,533 2,326,141,363 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
2,401,854,796 2,326,141,363 2,401,854,796 2,326,141,363


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
75,713,433 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
2,401,854,796 2,326,141,363 2,401,854,796 2,326,141,363

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