taxes Property Tax Assistance

2019 ISD Summary Worksheet

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	430,491,294	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		1,111,494,486	1,034,551,067
Less Total Deductions	196,061,861		214,408,050	196,061,861
Total Taxable Value	838,489,206		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