taxes Property Tax Assistance

2018 ISD Summary Worksheet

092/Gregg

092-908/White Oak ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 261,985,153 N/A 261,985,153 261,985,153
B. Multi-Family Residences 13,435,210 N/A 13,435,210 13,435,210
C1. Vacant Lots 2,810,409 N/A 2,810,409 2,810,409
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 497,055 N/A 497,055 497,055
D2. Real Prop Farm & Ranch 58,010 N/A 58,010 58,010
E. Real Prop NonQual Acres 24,599,899 N/A 24,599,899 24,599,899
F1. Commercial Real 21,476,976 N/A 21,476,976 21,476,976
F2. Industrial Real 5,692,780 N/A 5,692,780 5,692,780
G. Oil, Gas, Minerals 26,319,035 N/A 26,319,035 26,319,035
J. Utilities 17,158,472 N/A 17,158,472 17,158,472
L1. Commercial Personal 14,452,838 N/A 14,452,838 14,452,838
L2. Industrial Personal 44,680,570 N/A 44,680,570 44,680,570
M. Other Personal 1,280,710 N/A 1,280,710 1,280,710
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 432,680 N/A 432,680 432,680
S. Special Inventory 23,430 N/A 23,430 23,430
Subtotal 434,903,227 434,903,227 434,903,227
Less Total Deductions 79,766,141   79,766,141 79,766,141
Total Taxable Value 355,137,086 355,137,086 355,137,086 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
369,319,461 355,137,086 346,470,076 332,287,701


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,182,375 22,849,385


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
369,319,461 355,137,086 346,470,076 332,287,701

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