taxes Property Tax Assistance

2016 ISD Summary Worksheet

120/Jackson

120-902/Ganado ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 81,986,302 N/A 81,986,302 81,986,302
B. Multi-Family Residences 876,158 N/A 876,158 876,158
C1. Vacant Lots 1,247,570 N/A 1,247,570 1,247,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,767,760 N/A 18,767,760 18,767,760
D2. Real Prop Farm & Ranch 6,329,841 N/A 6,329,841 6,329,841
E. Real Prop NonQual Acres 27,992,456 N/A 27,992,456 27,992,456
F1. Commercial Real 23,382,582 N/A 23,382,582 23,382,582
F2. Industrial Real 304,789,680 N/A 304,789,680 304,789,680
G. Oil, Gas, Minerals 6,773,660 N/A 6,773,660 6,773,660
J. Utilities 41,958,560 N/A 41,958,560 41,958,560
L1. Commercial Personal 8,618,222 N/A 8,618,222 8,618,222
L2. Industrial Personal 17,360,510 N/A 17,360,510 17,360,510
M. Other Personal 2,646,610 N/A 2,646,610 2,646,610
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 542,729,911 542,729,911 542,729,911
Less Total Deductions 328,803,828   328,803,828 328,803,828
Total Taxable Value 213,926,083 213,926,083 213,926,083 T2

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
220,858,721 213,926,083 220,858,721 213,926,083


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,932,638 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
515,168,821 508,236,183 515,168,821 508,236,183

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