taxes Property Tax Assistance

2019 ISD Summary Worksheet

072-Erath

182-901/Gordon ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	660,160	N/A	660,160	660,160
D1. QUALIFIED AG LAND	2,180,230	1.4862	1,467,032	2,180,230
D2. REAL PROP:FARM & RANCH	160,510	N/A	160,510	160,510
E. REAL PROP NONQUAL ACREAGE	12,915,630	0.9357	13,803,174	12,915,630
F1. COMMERCIAL REAL	196,000	N/A	196,000	196,000
G. OIL,GAS,MINERALS	110,220	N/A	110,220	110,220
J. UTILITIES	3,636,720	0.9720	3,741,481	3,636,720
L1. COMMERCIAL PERSONAL	278,400	N/A	278,400	278,400
M. MOBILE HOMES	346,720	N/A	346,720	346,720
Subtotal	20,484,590	0	20,763,697	20,484,590
Less Total Deductions	1,724,258	0	1,724,258	1,724,258
Total Taxable Value	18,760,332	0	19,039,439	18,760,332

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
19,120,332	18,760,332	19,120,332	18,760,332

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
360,000	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
19,120,332	18,760,332	19,120,332	18,760,332

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

182-Palo Pinto

182-901/Gordon ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	77,220,010	N/A	77,220,010	77,220,010
C1. VACANT LOTS	14,849,600	N/A	14,849,600	14,849,600
D1. QUALIFIED AG LAND	5,486,920	N/A	5,486,920	5,486,920
D2. REAL PROP:FARM & RANCH	1,778,960	N/A	1,778,960	1,778,960
E. REAL PROP NONQUAL ACREAGE	23,894,730	N/A	23,894,730	23,894,730
F1. COMMERCIAL REAL	9,418,780	N/A	9,418,780	9,418,780
F2. INDUSTRIAL REAL	5,673,680	N/A	5,673,680	5,673,680
G. OIL,GAS,MINERALS	1,785,630	N/A	1,785,630	1,785,630
J. UTILITIES	19,000,390	N/A	19,000,390	19,000,390
L1. COMMERCIAL PERSONAL	2,065,120	N/A	2,065,120	2,065,120
L2. INDUSTRIAL PERSONAL	3,442,780	N/A	3,442,780	3,442,780
M. MOBILE HOMES	792,890	N/A	792,890	792,890
O. RESIDENTIAL INVENTORY	378,130	N/A	378,130	378,130
S. SPECIAL INVENTORY	394,360	N/A	394,360	394,360
Subtotal	166,181,980	0	166,181,980	166,181,980
Less Total Deductions	13,819,487	0	13,819,487	13,819,487
Total Taxable Value	152,362,493	0	152,362,493	152,362,493

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
155,332,713	152,362,493	155,332,713	152,362,493

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,970,220	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
155,332,713	152,362,493	155,332,713	152,362,493

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

182-901-02/Gordon ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	77,880,170	N/A	77,880,170	77,880,170
C1. VACANT LOTS	14,849,600	N/A	14,849,600	14,849,600
D1. QUALIFIED AG LAND	7,667,150	1.1026	6,953,952	7,667,150
D2. REAL PROP:FARM & RANCH	1,939,470	N/A	1,939,470	1,939,470
E. REAL PROP NONQUAL ACREAGE	36,810,360	0.9765	37,697,904	36,810,360
F1. COMMERCIAL REAL	9,614,780	N/A	9,614,780	9,614,780
F2. INDUSTRIAL REAL	5,673,680	N/A	5,673,680	5,673,680
G. OIL,GAS,MINERALS	1,895,850	N/A	1,895,850	1,895,850
J. UTILITIES	22,637,110	0.9954	22,741,871	22,637,110
L1. COMMERCIAL PERSONAL	2,343,520	N/A	2,343,520	2,343,520
L2. INDUSTRIAL PERSONAL	3,442,780	N/A	3,442,780	3,442,780
M. MOBILE HOMES	1,139,610	N/A	1,139,610	1,139,610
O. RESIDENTIAL INVENTORY	378,130	N/A	378,130	378,130
S. SPECIAL INVENTORY	394,360	N/A	394,360	394,360
Subtotal	186,666,570		186,945,677	186,666,570
Less Total Deductions	15,543,745		15,543,745	15,543,745
Total Taxable Value	171,122,825		171,401,932	171,122,825

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
174,453,045	171,122,825	174,453,045	171,122,825

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,330,220	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
174,453,045	171,122,825	174,453,045	171,122,825

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