taxes Property Tax Assistance

2021 ISD Summary Worksheet

072-Erath /Erath County

182-901/Gordon ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	769,890	N/A	769,890	769,890
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	2,200,690	1.3846	1,589,359	2,200,690
D2 - FARM & RANCH IMP	229,080	N/A	229,080	229,080
E - NON-AG LAND AND IMPROVEMENTS	17,143,200	0.9459	18,123,692	17,143,200
F1 - COMMERCIAL REAL	485,550	N/A	485,550	485,550
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	38,920	N/A	38,920	38,920
J - ALL UTILITIES	4,021,730	0.8651	4,648,861	4,021,730
L1 - COMMERCIAL PERSONAL	4,185,920	1.0467	3,999,159	4,185,920
L2 - INDUSTRIAL PERSONAL	39,360	N/A	39,360	39,360
M1 - MOBILE HOMES	373,120	N/A	373,120	373,120
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	29,487,460	0	30,296,991	29,487,460
Less Total Deductions	2,307,715	0	2,307,715	2,307,715
Total Taxable Value	27,179,745	0	27,989,276	27,179,745

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
27,589,745	27,179,745	27,589,745	27,179,745

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
410,000	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
27,589,745	27,179,745	27,589,745	27,179,745

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 /Palo Pinto County

182-901/Gordon ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	87,527,980	N/A	87,527,980	87,527,980
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	13,030,570	N/A	13,030,570	13,030,570
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,290,730	N/A	5,290,730	5,290,730
D2 - FARM & RANCH IMP	1,183,760	N/A	1,183,760	1,183,760
E - NON-AG LAND AND IMPROVEMENTS	42,897,210	N/A	42,897,210	42,897,210
F1 - COMMERCIAL REAL	10,951,030	N/A	10,951,030	10,951,030
F2 - INDUSTRIAL REAL	700,000	N/A	700,000	700,000
G - ALL MINERALS	856,610	N/A	856,610	856,610
J - ALL UTILITIES	19,391,000	N/A	19,391,000	19,391,000
L1 - COMMERCIAL PERSONAL	1,860,090	N/A	1,860,090	1,860,090
L2 - INDUSTRIAL PERSONAL	2,752,650	N/A	2,752,650	2,752,650
M1 - MOBILE HOMES	951,780	N/A	951,780	951,780
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	284,130	N/A	284,130	284,130
S - SPECIAL INVENTORY	351,490	N/A	351,490	351,490
Subtotal	188,029,030	0	188,029,030	188,029,030
Less Total Deductions	16,219,942	0	16,219,942	16,219,942
Total Taxable Value	171,809,088	0	171,809,088	171,809,088

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
174,948,288	171,809,088	174,948,288	171,809,088

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,139,200	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
174,948,288	171,809,088	174,948,288	171,809,088

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	88,297,870	N/A	88,297,870	88,297,870
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	13,030,570	N/A	13,030,570	13,030,570
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,491,420	1.0889	6,880,089	7,491,420
D2 - FARM & RANCH IMP	1,412,840	N/A	1,412,840	1,412,840
E - NON-AG LAND AND IMPROVEMENTS	60,040,410	0.9839	61,020,902	60,040,410
F1 - COMMERCIAL REAL	11,436,580	N/A	11,436,580	11,436,580
F2 - INDUSTRIAL REAL	700,000	N/A	700,000	700,000
G - ALL MINERALS	895,530	N/A	895,530	895,530
J - ALL UTILITIES	23,412,730	0.9739	24,039,861	23,412,730
L1 - COMMERCIAL PERSONAL	6,046,010	1.0319	5,859,249	6,046,010
L2 - INDUSTRIAL PERSONAL	2,792,010	N/A	2,792,010	2,792,010
M1 - MOBILE HOMES	1,324,900	N/A	1,324,900	1,324,900
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	284,130	N/A	284,130	284,130
S - SPECIAL INVENTORY	351,490	N/A	351,490	351,490
Subtotal	217,516,490		218,326,021	217,516,490
Less Total Deductions	18,527,657		18,527,657	18,527,657
Total Taxable Value	198,988,833		199,798,364	198,988,833

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
202,538,033	198,988,833	202,538,033	198,988,833

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,549,200	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
202,538,033	198,988,833	202,538,033	198,988,833

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