taxes Property Tax Assistance

2019 ISD Summary Worksheet

014-Bell

050-902/Gatesville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 224,727 N/A 224,727 224,727
C1. VACANT LOTS 15,966 N/A 15,966 15,966
D1. QUALIFIED AG LAND 86,526 N/A 86,526 86,526
D2. REAL PROP:FARM & RANCH 16,178 N/A 16,178 16,178
E. REAL PROP NONQUAL ACREAGE 683,630 N/A 683,630 683,630
J. UTILITIES 16,164 N/A 16,164 16,164
L1. COMMERCIAL PERSONAL 19,187 N/A 19,187 19,187
Subtotal 1,062,378 0 1,062,378 1,062,378
Less Total Deductions 430,023 0 430,023 430,023
Total Taxable Value 632,355 0 632,355 632,355

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
670,658 632,355 670,658 632,355


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
38,303 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
670,658 632,355 670,658 632,355

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

050-Coryell

050-902/Gatesville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 430,491,294 0.9226 466,606,649 430,491,294
B. MULTIFAMILY RESIDENCES 31,299,965 N/A 31,299,965 31,299,965
C1. VACANT LOTS 12,135,759 N/A 12,135,759 12,135,759
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 23,526,490 1.0303 22,835,124 23,526,490
D2. REAL PROP:FARM & RANCH 4,176,845 N/A 4,176,845 4,176,845
E. REAL PROP NONQUAL ACREAGE 293,125,007 0.9044 324,109,915 293,125,007
F1. COMMERCIAL REAL 114,282,087 0.9156 124,816,609 114,282,087
F2. INDUSTRIAL REAL 5,531,580 N/A 5,531,580 5,531,580
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 47,647,480 N/A 47,647,480 47,647,480
L1. COMMERCIAL PERSONAL 41,429,910 N/A 41,429,910 41,429,910
L2. INDUSTRIAL PERSONAL 21,083,210 N/A 21,083,210 21,083,210
M. MOBILE HOMES 5,999,620 N/A 5,999,620 5,999,620
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,008,450 N/A 1,008,450 1,008,450
S. SPECIAL INVENTORY 2,813,370 N/A 2,813,370 2,813,370
Subtotal 1,034,551,067 0 1,111,494,486 1,034,551,067
Less Total Deductions 196,061,861 0 214,408,050 196,061,861
Total Taxable Value 838,489,206 0 897,086,436 838,489,206

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
873,519,197 838,489,206 873,519,197 838,489,206


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
35,029,991 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
873,519,197 838,489,206 873,519,197 838,489,206

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

050-902-02/Gatesville ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 430,716,021 0.9226 466,831,376 430,716,021
B. MULTIFAMILY RESIDENCES 31,299,965 N/A 31,299,965 31,299,965
C1. VACANT LOTS 12,151,725 N/A 12,151,725 12,151,725
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 23,613,016 1.0302 22,921,650 23,613,016
D2. REAL PROP:FARM & RANCH 4,193,023 N/A 4,193,023 4,193,023
E. REAL PROP NONQUAL ACREAGE 293,808,637 0.9046 324,793,545 293,808,637
F1. COMMERCIAL REAL 114,282,087 0.9156 124,816,609 114,282,087
F2. INDUSTRIAL REAL 5,531,580 N/A 5,531,580 5,531,580
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 47,663,644 N/A 47,663,644 47,663,644
L1. COMMERCIAL PERSONAL 41,449,097 N/A 41,449,097 41,449,097
L2. INDUSTRIAL PERSONAL 21,083,210 N/A 21,083,210 21,083,210
M. MOBILE HOMES 5,999,620 N/A 5,999,620 5,999,620
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,008,450 N/A 1,008,450 1,008,450
S. SPECIAL INVENTORY 2,813,370 N/A 2,813,370 2,813,370
Subtotal 1,035,613,445 1,112,556,864 1,035,613,445
Less Total Deductions 196,491,884 214,838,073 196,491,884
Total Taxable Value 839,121,561 897,718,791 839,121,561

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
874,189,855 839,121,561 874,189,855 839,121,561


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
35,068,294 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
874,189,855 839,121,561 874,189,855 839,121,561

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