taxes Property Tax Assistance

2023 ISD Summary Worksheet

Gholson ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-925/Gholson ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 82,613,973 N/A 82,613,973 82,613,973
B - MULTIFAMILY 694,557 N/A 694,557 694,557
C1 - VACANT LOTS 3,247,254 N/A 3,247,254 3,247,254
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,331,374 N/A 1,331,374 1,331,374
D2 - FARM & RANCH IMP 2,650,973 N/A 2,650,973 2,650,973
E - NON-AG LAND AND IMPROVEMENTS 51,543,105 N/A 51,543,105 51,543,105
F1 - COMMERCIAL REAL 2,514,077 N/A 2,514,077 2,514,077
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,309,020 N/A 1,309,020 1,309,020
L1 - COMMERCIAL PERSONAL 917,060 N/A 917,060 917,060
L2 - INDUSTRIAL PERSONAL 293,750 N/A 293,750 293,750
M1 - MOBILE HOMES 4,428,047 N/A 4,428,047 4,428,047
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 151,543,190 0 151,543,190 151,543,190
Less Total Deductions 67,734,189 0 67,734,189 67,734,189
Total Taxable Value 83,809,001 0 83,809,001 83,809,001

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

Measure Value Description
T1 102,970,799 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 83,809,001 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 102,970,799 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 83,809,001 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 109,330,799 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 113,570,799 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 91,353,084 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 102,970,799 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 83,809,001 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 102,970,799 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 83,809,001 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 109,330,799 T13 plus the loss to the chapter 313 agreement
T16 113,570,799 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 91,353,084 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 19,161,798 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,360,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,240,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED


Back to top

161-925-02/Gholson ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 82,613,973 N/A 82,613,973 82,613,973
B - MULTIFAMILY 694,557 N/A 694,557 694,557
C1 - VACANT LOTS 3,247,254 N/A 3,247,254 3,247,254
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,331,374 N/A 1,331,374 1,331,374
D2 - FARM & RANCH IMP 2,650,973 N/A 2,650,973 2,650,973
E - NON-AG LAND AND IMPROVEMENTS 51,543,105 N/A 51,543,105 51,543,105
F1 - COMMERCIAL REAL 2,514,077 N/A 2,514,077 2,514,077
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,309,020 N/A 1,309,020 1,309,020
L1 - COMMERCIAL PERSONAL 917,060 N/A 917,060 917,060
L2 - INDUSTRIAL PERSONAL 293,750 N/A 293,750 293,750
M1 - MOBILE HOMES 4,428,047 N/A 4,428,047 4,428,047
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 151,543,190 151,543,190 151,543,190
Less Total Deductions 67,734,189 67,734,189 67,734,189
Total Taxable Value 83,809,001 83,809,001 83,809,001

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

Measure Value Description
T1 102,970,799 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 83,809,001 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 102,970,799 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 83,809,001 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 109,330,799 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 113,570,799 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 91,353,084 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 102,970,799 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 83,809,001 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 102,970,799 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 83,809,001 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 109,330,799 T13 plus the loss to the chapter 313 agreement
T16 113,570,799 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 91,353,084 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 19,161,798 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,360,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,240,000 Loss to Second Previous Homestead Increase

Back to top