taxes Property Tax Assistance

2019 ISD Summary Worksheet

049-Cooke

049-901/Gainesville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 586,236,860 N/A 586,236,860 586,236,860
B. MULTIFAMILY RESIDENCES 45,877,491 N/A 45,877,491 45,877,491
C1. VACANT LOTS 22,583,538 N/A 22,583,538 22,583,538
D1. QUALIFIED AG LAND 4,105,114 N/A 4,105,114 4,105,114
D2. REAL PROP:FARM & RANCH 11,108,951 N/A 11,108,951 11,108,951
E. REAL PROP NONQUAL ACREAGE 91,691,782 N/A 91,691,782 91,691,782
F1. COMMERCIAL REAL 269,521,677 N/A 269,521,677 269,521,677
F2. INDUSTRIAL REAL 36,806,194 N/A 36,806,194 36,806,194
G. OIL,GAS,MINERALS 16,115,910 N/A 16,115,910 16,115,910
J. UTILITIES 56,878,200 N/A 56,878,200 56,878,200
L1. COMMERCIAL PERSONAL 122,931,653 N/A 122,931,653 122,931,653
L2. INDUSTRIAL PERSONAL 149,015,602 N/A 149,015,602 149,015,602
M. MOBILE HOMES 3,913,013 N/A 3,913,013 3,913,013
O. RESIDENTIAL INVENTORY 1,410,089 N/A 1,410,089 1,410,089
S. SPECIAL INVENTORY 10,364,516 N/A 10,364,516 10,364,516
Subtotal 1,428,560,590 0 1,428,560,590 1,428,560,590
Less Total Deductions 166,829,636 0 166,829,636 166,829,636
Total Taxable Value 1,261,730,954 0 1,261,730,954 1,261,730,954

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
1,293,011,105 1,261,730,954 1,293,011,105 1,261,730,954


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,280,151 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
1,293,011,105 1,261,730,954 1,293,011,105 1,261,730,954

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

049-901-02/Gainesville ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 586,236,860 N/A 586,236,860 586,236,860
B. MULTIFAMILY RESIDENCES 45,877,491 N/A 45,877,491 45,877,491
C1. VACANT LOTS 22,583,538 N/A 22,583,538 22,583,538
D1. QUALIFIED AG LAND 4,105,114 N/A 4,105,114 4,105,114
D2. REAL PROP:FARM & RANCH 11,108,951 N/A 11,108,951 11,108,951
E. REAL PROP NONQUAL ACREAGE 91,691,782 N/A 91,691,782 91,691,782
F1. COMMERCIAL REAL 269,521,677 N/A 269,521,677 269,521,677
F2. INDUSTRIAL REAL 36,806,194 N/A 36,806,194 36,806,194
G. OIL,GAS,MINERALS 16,115,910 N/A 16,115,910 16,115,910
J. UTILITIES 56,878,200 N/A 56,878,200 56,878,200
L1. COMMERCIAL PERSONAL 122,931,653 N/A 122,931,653 122,931,653
L2. INDUSTRIAL PERSONAL 149,015,602 N/A 149,015,602 149,015,602
M. MOBILE HOMES 3,913,013 N/A 3,913,013 3,913,013
O. RESIDENTIAL INVENTORY 1,410,089 N/A 1,410,089 1,410,089
S. SPECIAL INVENTORY 10,364,516 N/A 10,364,516 10,364,516
Subtotal 1,428,560,590 1,428,560,590 1,428,560,590
Less Total Deductions 166,829,636 166,829,636 166,829,636
Total Taxable Value 1,261,730,954 1,261,730,954 1,261,730,954

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
1,293,011,105 1,261,730,954 1,293,011,105 1,261,730,954


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
31,280,151 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
1,293,011,105 1,261,730,954 1,293,011,105 1,261,730,954

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