taxes Property Tax Assistance

2022 ISD Summary Worksheet

092-Gregg /Gregg County

092-908/White Oak ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	318,322,060	0.8608	369,797,932	318,322,060
B - MULTIFAMILY	24,362,690	N/A	24,362,690	24,362,690
C1 - VACANT LOTS	3,190,976	N/A	3,190,976	3,190,976
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	279,126	0.8819	316,519	279,126
D2 - FARM & RANCH IMP	50,000	N/A	50,000	50,000
E - NON-AG LAND AND IMPROVEMENTS	37,312,119	0.6632	56,260,734	37,312,119
F1 - COMMERCIAL REAL	27,265,930	0.9065	30,078,246	27,265,930
F2 - INDUSTRIAL REAL	7,532,790	N/A	7,532,790	7,532,790
G - ALL MINERALS	30,487,148	N/A	30,487,148	30,487,148
J - ALL UTILITIES	17,755,403	N/A	17,755,403	17,755,403
L1 - COMMERCIAL PERSONAL	16,886,127	N/A	16,886,127	16,886,127
L2 - INDUSTRIAL PERSONAL	37,122,600	N/A	37,122,600	37,122,600
M1 - MOBILE HOMES	1,947,720	N/A	1,947,720	1,947,720
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	552,870	N/A	552,870	552,870
S - SPECIAL INVENTORY	12,640	N/A	12,640	12,640
Subtotal	523,080,199	0	596,354,395	523,080,199
Less Total Deductions	106,285,304	0	121,559,698	106,285,304
Total Taxable Value	416,794,895	0	474,794,697	416,794,895

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	T13
437,484,959	416,794,895	410,023,069	389,333,005	452,694,959

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
20,690,064	27,461,890	15,210,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
437,484,959	416,794,895	410,023,069	389,333,005	452,694,959

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

092-908-02/White Oak ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	318,322,060	0.8608	369,797,932	318,322,060
B - MULTIFAMILY	24,362,690	N/A	24,362,690	24,362,690
C1 - VACANT LOTS	3,190,976	N/A	3,190,976	3,190,976
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	279,126	0.8819	316,519	279,126
D2 - FARM & RANCH IMP	50,000	N/A	50,000	50,000
E - NON-AG LAND AND IMPROVEMENTS	37,312,119	0.6632	56,260,734	37,312,119
F1 - COMMERCIAL REAL	27,265,930	0.9065	30,078,246	27,265,930
F2 - INDUSTRIAL REAL	7,532,790	N/A	7,532,790	7,532,790
G - ALL MINERALS	30,487,148	N/A	30,487,148	30,487,148
J - ALL UTILITIES	17,755,403	N/A	17,755,403	17,755,403
L1 - COMMERCIAL PERSONAL	16,886,127	N/A	16,886,127	16,886,127
L2 - INDUSTRIAL PERSONAL	37,122,600	N/A	37,122,600	37,122,600
M1 - MOBILE HOMES	1,947,720	N/A	1,947,720	1,947,720
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	552,870	N/A	552,870	552,870
S - SPECIAL INVENTORY	12,640	N/A	12,640	12,640
Subtotal	523,080,199		596,354,395	523,080,199
Less Total Deductions	106,285,304		121,559,698	106,285,304
Total Taxable Value	416,794,895		474,794,697	416,794,895

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	T13
437,484,959	416,794,895	410,023,069	389,333,005	452,694,959

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
20,690,064	27,461,890	15,210,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
437,484,959	416,794,895	410,023,069	389,333,005	452,694,959

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement