taxes Property Tax Assistance

2020 ISD Summary Worksheet

049-Cooke

049-901/Gainesville ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	663,951,709	0.9615	690,537,399	663,951,709
B - MULTIFAMILY	51,013,915	N/A	51,013,915	51,013,915
C1 - VACANT LOTS	20,760,769	N/A	20,760,769	20,760,769
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,402,960	1.5354	2,867,546	4,402,960
D2 - FARM & RANCH IMP	11,713,832	N/A	11,713,832	11,713,832
E - NON-AG LAND AND IMPROVEMENTS	103,302,201	0.9467	109,118,201	103,302,201
F1 - COMMERCIAL REAL	302,560,840	0.9260	326,739,568	302,560,840
F2 - INDUSTRIAL REAL	35,140,693	N/A	35,140,693	35,140,693
G - ALL MINERALS	18,038,550	N/A	18,038,550	18,038,550
J - ALL UTILITIES	58,390,251	N/A	58,390,251	58,390,251
L1 - COMMERCIAL PERSONAL	116,470,308	1.0012	116,330,711	116,470,308
L2 - INDUSTRIAL PERSONAL	150,894,413	N/A	150,894,413	150,894,413
M1 - MOBILE HOMES	4,224,055	N/A	4,224,055	4,224,055
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,274,148	N/A	1,274,148	1,274,148
S - SPECIAL INVENTORY	10,267,523	N/A	10,267,523	10,267,523
Subtotal	1,552,406,167	0	1,607,311,574	1,552,406,167
Less Total Deductions	187,453,676	0	196,871,810	187,453,676
Total Taxable Value	1,364,952,491	0	1,410,439,764	1,364,952,491

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
1,396,341,191	1,364,952,491	1,396,341,191	1,364,952,491

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
31,388,700	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
1,396,341,191	1,364,952,491	1,396,341,191	1,364,952,491

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	663,951,709	0.9615	690,537,399	663,951,709
B - MULTIFAMILY	51,013,915	N/A	51,013,915	51,013,915
C1 - VACANT LOTS	20,760,769	N/A	20,760,769	20,760,769
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,402,960	1.5354	2,867,546	4,402,960
D2 - FARM & RANCH IMP	11,713,832	N/A	11,713,832	11,713,832
E - NON-AG LAND AND IMPROVEMENTS	103,302,201	0.9467	109,118,201	103,302,201
F1 - COMMERCIAL REAL	302,560,840	0.9260	326,739,568	302,560,840
F2 - INDUSTRIAL REAL	35,140,693	N/A	35,140,693	35,140,693
G - ALL MINERALS	18,038,550	N/A	18,038,550	18,038,550
J - ALL UTILITIES	58,390,251	N/A	58,390,251	58,390,251
L1 - COMMERCIAL PERSONAL	116,470,308	1.0012	116,330,711	116,470,308
L2 - INDUSTRIAL PERSONAL	150,894,413	N/A	150,894,413	150,894,413
M1 - MOBILE HOMES	4,224,055	N/A	4,224,055	4,224,055
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,274,148	N/A	1,274,148	1,274,148
S - SPECIAL INVENTORY	10,267,523	N/A	10,267,523	10,267,523
Subtotal	1,552,406,167		1,607,311,574	1,552,406,167
Less Total Deductions	187,453,676		196,871,810	187,453,676
Total Taxable Value	1,364,952,491		1,410,439,764	1,364,952,491

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
1,396,341,191	1,364,952,491	1,396,341,191	1,364,952,491

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
31,388,700	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
1,396,341,191	1,364,952,491	1,396,341,191	1,364,952,491

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