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ceiling reduction
2019 ISD Summary Worksheet
212-Smith
092-901/Gladewater ISD
| Category | Local Tax Roll Value | 2019 WTD Mean Ratio | 2019 PTAD Value Estimate | 2019 Value Assigned |
|---|---|---|---|---|
| A. SINGLE-FAMILY RESIDENCES | 54,226,218 | 0.9997 | 54,242,491 | 54,226,218 |
| B. MULTIFAMILY RESIDENCES | 196,402 | N/A | 196,402 | 196,402 |
| C1. VACANT LOTS | 4,257,797 | N/A | 4,257,797 | 4,257,797 |
| D1. QUALIFIED AG LAND | 4,043,310 | 1.1018 | 3,669,659 | 4,043,310 |
| D2. REAL PROP:FARM & RANCH | 15,289,380 | N/A | 15,289,380 | 15,289,380 |
| E. REAL PROP NONQUAL ACREAGE | 53,415,195 | 0.9531 | 56,043,642 | 53,415,195 |
| F1. COMMERCIAL REAL | 6,248,971 | N/A | 6,248,971 | 6,248,971 |
| G. OIL,GAS,MINERALS | 4,437,472 | N/A | 4,437,472 | 4,437,472 |
| J. UTILITIES | 16,390,482 | 0.9077 | 18,057,158 | 16,390,482 |
| L1. COMMERCIAL PERSONAL | 7,158,125 | N/A | 7,158,125 | 7,158,125 |
| M. MOBILE HOMES | 2,156,576 | N/A | 2,156,576 | 2,156,576 |
| O. RESIDENTIAL INVENTORY | 210,889 | N/A | 210,889 | 210,889 |
| S. SPECIAL INVENTORY | 4,403 | N/A | 4,403 | 4,403 |
| Subtotal | 168,035,220 | 0 | 171,972,965 | 168,035,220 |
| Less Total Deductions | 35,262,451 | 0 | 35,272,295 | 35,262,451 |
| Total Taxable Value | 132,772,769 | 0 | 136,700,670 | 132,772,769 |
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 |
|---|---|---|---|
| 138,056,405 | 132,772,769 | 130,329,620 | 125,045,984 |
| Loss To the Additional $10,000 Homestead Exemption |
50% of the loss to the Local Optional Percentage Homestead Exemption |
|---|---|
| 5,283,636 | 7,726,785 |
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 |
|---|---|---|---|
| 138,056,405 | 132,772,769 | 130,329,620 | 125,045,984 |
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
092-901-02/Gladewater ISD
| Category | Local Tax Roll Value | 2019 WTD Mean Ratio | 2019 PTAD Value Estimate | 2019 Value Assigned |
|---|---|---|---|---|
| A. SINGLE-FAMILY RESIDENCES | 54,226,218 | 0.9997 | 54,242,491 | 54,226,218 |
| B. MULTIFAMILY RESIDENCES | 196,402 | N/A | 196,402 | 196,402 |
| C1. VACANT LOTS | 4,257,797 | N/A | 4,257,797 | 4,257,797 |
| D1. QUALIFIED AG LAND | 4,043,310 | 1.1018 | 3,669,659 | 4,043,310 |
| D2. REAL PROP:FARM & RANCH | 15,289,380 | N/A | 15,289,380 | 15,289,380 |
| E. REAL PROP NONQUAL ACREAGE | 53,415,195 | 0.9531 | 56,043,642 | 53,415,195 |
| F1. COMMERCIAL REAL | 6,248,971 | N/A | 6,248,971 | 6,248,971 |
| G. OIL,GAS,MINERALS | 4,437,472 | N/A | 4,437,472 | 4,437,472 |
| J. UTILITIES | 16,390,482 | 0.9077 | 18,057,158 | 16,390,482 |
| L1. COMMERCIAL PERSONAL | 7,158,125 | N/A | 7,158,125 | 7,158,125 |
| M. MOBILE HOMES | 2,156,576 | N/A | 2,156,576 | 2,156,576 |
| O. RESIDENTIAL INVENTORY | 210,889 | N/A | 210,889 | 210,889 |
| S. SPECIAL INVENTORY | 4,403 | N/A | 4,403 | 4,403 |
| Subtotal | 168,035,220 | 171,972,965 | 168,035,220 | |
| Less Total Deductions | 35,262,451 | 35,272,295 | 35,262,451 | |
| Total Taxable Value | 132,772,769 | 136,700,670 | 132,772,769 |
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 |
|---|---|---|---|
| 138,056,405 | 132,772,769 | 130,329,620 | 125,045,984 |
| Loss To the Additional $10,000 Homestead Exemption |
50 % of the loss to the Local Optional Percentage Homestead Exemption |
|---|---|
| 5,283,636 | 7,726,785 |
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 |
|---|---|---|---|
| 138,056,405 | 132,772,769 | 130,329,620 | 125,045,984 |
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 taxceiling 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