taxes Property Tax Assistance

2018 ISD Summary Worksheet

230/Upshur

230-908/Union Grove ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 90,662,194 .9851 92,033,493 90,662,194
B. Multi-Family Residences 1,321,180 N/A 1,321,180 1,321,180
C1. Vacant Lots 1,232,880 N/A 1,232,880 1,232,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 998,525 1.1455 871,658 998,525
D2. Real Prop Farm & Ranch 817,610 N/A 817,610 817,610
E. Real Prop NonQual Acres 47,304,488 .9934 47,618,772 47,304,488
F1. Commercial Real 2,027,770 N/A 2,027,770 2,027,770
F2. Industrial Real 874,350 N/A 874,350 874,350
G. Oil, Gas, Minerals 22,227,246 1.0196 21,799,967 22,227,246
J. Utilities 3,483,890 N/A 3,483,890 3,483,890
L1. Commercial Personal 2,891,238 N/A 2,891,238 2,891,238
L2. Industrial Personal 2,582,500 N/A 2,582,500 2,582,500
M. Other Personal 4,115,080 N/A 4,115,080 4,115,080
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 29,830 N/A 29,830 29,830
Subtotal 180,568,781 181,700,218 180,568,781
Less Total Deductions 33,274,945   33,769,744 33,274,945
Total Taxable Value 147,293,836 147,930,474 147,293,836 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
154,410,776 147,293,836 154,410,776 147,293,836


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,116,940 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
154,410,776 147,293,836 154,410,776 147,293,836

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