taxes Property Tax Assistance

2019 ISD Summary Worksheet

161-McLennan

161-925/Gholson ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	39,397,444	N/A	39,397,444	39,397,444
B. MULTIFAMILY RESIDENCES	299,100	N/A	299,100	299,100
C1. VACANT LOTS	1,200,670	N/A	1,200,670	1,200,670
D1. QUALIFIED AG LAND	1,212,514	N/A	1,212,514	1,212,514
D2. REAL PROP:FARM & RANCH	1,763,069	N/A	1,763,069	1,763,069
E. REAL PROP NONQUAL ACREAGE	30,551,133	N/A	30,551,133	30,551,133
F1. COMMERCIAL REAL	815,050	N/A	815,050	815,050
J. UTILITIES	963,860	N/A	963,860	963,860
L1. COMMERCIAL PERSONAL	545,450	N/A	545,450	545,450
L2. INDUSTRIAL PERSONAL	661,820	N/A	661,820	661,820
M. MOBILE HOMES	2,065,020	N/A	2,065,020	2,065,020
Subtotal	79,475,130	0	79,475,130	79,475,130
Less Total Deductions	21,357,877	0	21,357,877	21,357,877
Total Taxable Value	58,117,253	0	58,117,253	58,117,253

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
61,233,922	58,117,253	61,233,922	58,117,253

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,116,669	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
61,233,922	58,117,253	61,233,922	58,117,253

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

161-925-02/Gholson ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	39,397,444	N/A	39,397,444	39,397,444
B. MULTIFAMILY RESIDENCES	299,100	N/A	299,100	299,100
C1. VACANT LOTS	1,200,670	N/A	1,200,670	1,200,670
D1. QUALIFIED AG LAND	1,212,514	N/A	1,212,514	1,212,514
D2. REAL PROP:FARM & RANCH	1,763,069	N/A	1,763,069	1,763,069
E. REAL PROP NONQUAL ACREAGE	30,551,133	N/A	30,551,133	30,551,133
F1. COMMERCIAL REAL	815,050	N/A	815,050	815,050
J. UTILITIES	963,860	N/A	963,860	963,860
L1. COMMERCIAL PERSONAL	545,450	N/A	545,450	545,450
L2. INDUSTRIAL PERSONAL	661,820	N/A	661,820	661,820
M. MOBILE HOMES	2,065,020	N/A	2,065,020	2,065,020
Subtotal	79,475,130		79,475,130	79,475,130
Less Total Deductions	21,357,877		21,357,877	21,357,877
Total Taxable Value	58,117,253		58,117,253	58,117,253

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
61,233,922	58,117,253	61,233,922	58,117,253

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,116,669	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
61,233,922	58,117,253	61,233,922	58,117,253

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