taxes Property Tax Assistance

2020 ISD Summary Worksheet

072-Erath

182-901/Gordon ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	693,720	N/A	693,720	693,720
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,062,650	N/A	2,062,650	2,062,650
D2 - FARM & RANCH IMP	229,080	N/A	229,080	229,080
E - NON-AG LAND AND IMPROVEMENTS	14,111,330	N/A	14,111,330	14,111,330
F1 - COMMERCIAL REAL	445,550	N/A	445,550	445,550
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	58,070	N/A	58,070	58,070
J - ALL UTILITIES	3,720,280	N/A	3,720,280	3,720,280
L1 - COMMERCIAL PERSONAL	3,305,630	N/A	3,305,630	3,305,630
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	390,330	N/A	390,330	390,330
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	25,016,640	0	25,016,640	25,016,640
Less Total Deductions	1,930,087	0	1,930,087	1,930,087
Total Taxable Value	23,086,553	0	23,086,553	23,086,553

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
23,466,553	23,086,553	23,466,553	23,086,553

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
380,000	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
23,466,553	23,086,553	23,466,553	23,086,553

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

182-Palo Pinto

182-901/Gordon ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	82,779,010	1.0690	77,435,931	82,779,010
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	13,058,700	1.0034	13,014,451	13,058,700
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,313,130	1.1394	4,663,093	5,313,130
D2 - FARM & RANCH IMP	1,575,990	N/A	1,575,990	1,575,990
E - NON-AG LAND AND IMPROVEMENTS	36,817,650	0.9868	37,310,144	36,817,650
F1 - COMMERCIAL REAL	10,048,910	0.8671	11,589,102	10,048,910
F2 - INDUSTRIAL REAL	700,000	N/A	700,000	700,000
G - ALL MINERALS	1,141,940	N/A	1,141,940	1,141,940
J - ALL UTILITIES	18,686,010	0.8475	22,048,389	18,686,010
L1 - COMMERCIAL PERSONAL	2,412,330	N/A	2,412,330	2,412,330
L2 - INDUSTRIAL PERSONAL	2,981,210	N/A	2,981,210	2,981,210
M1 - MOBILE HOMES	930,570	N/A	930,570	930,570
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	320,240	N/A	320,240	320,240
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	176,765,690	0	176,123,390	176,765,690
Less Total Deductions	16,785,585	0	14,573,005	16,785,585
Total Taxable Value	159,980,105	0	161,550,385	159,980,105

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
163,008,085	159,980,105	163,008,085	159,980,105

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,027,980	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
163,008,085	159,980,105	163,008,085	159,980,105

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

182-901-02/Gordon ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	83,472,730	1.0684	78,129,651	83,472,730
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	13,058,700	1.0034	13,014,451	13,058,700
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,375,780	1.0966	6,725,743	7,375,780
D2 - FARM & RANCH IMP	1,805,070	N/A	1,805,070	1,805,070
E - NON-AG LAND AND IMPROVEMENTS	50,928,980	0.9904	51,421,474	50,928,980
F1 - COMMERCIAL REAL	10,494,460	0.8720	12,034,652	10,494,460
F2 - INDUSTRIAL REAL	700,000	N/A	700,000	700,000
G - ALL MINERALS	1,200,010	N/A	1,200,010	1,200,010
J - ALL UTILITIES	22,406,290	0.8695	25,768,669	22,406,290
L1 - COMMERCIAL PERSONAL	5,717,960	N/A	5,717,960	5,717,960
L2 - INDUSTRIAL PERSONAL	2,981,210	N/A	2,981,210	2,981,210
M1 - MOBILE HOMES	1,320,900	N/A	1,320,900	1,320,900
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	320,240	N/A	320,240	320,240
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	201,782,330		201,140,030	201,782,330
Less Total Deductions	18,715,672		16,503,092	18,715,672
Total Taxable Value	183,066,658		184,636,938	183,066,658

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
186,474,638	183,066,658	186,474,638	183,066,658

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,407,980	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
186,474,638	183,066,658	186,474,638	183,066,658

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