taxes Property Tax Assistance

2016 ISD Summary Worksheet

161/McLennan

161-925/Gholson ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 29,787,449 1.0134 29,393,575 29,787,449
B. Multi-Family Residences 222,600 N/A 222,600 222,600
C1. Vacant Lots 1,059,670 N/A 1,059,670 1,059,670
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,108,440 1.1615 954,288 1,108,440
D2. Real Prop Farm & Ranch 1,835,233 N/A 1,835,233 1,835,233
E. Real Prop NonQual Acres 23,192,628 1.0847 21,381,606 23,192,628
F1. Commercial Real 306,260 N/A 306,260 306,260
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 879,770 N/A 879,770 879,770
L1. Commercial Personal 445,490 N/A 445,490 445,490
L2. Industrial Personal 349,670 N/A 349,670 349,670
M. Other Personal 1,723,920 N/A 1,723,920 1,723,920
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 60,911,130 58,552,082 60,911,130
Less Total Deductions 17,677,100   17,436,457 17,677,100
Total Taxable Value 43,234,030 41,115,625 43,234,030 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
46,389,323 43,234,030 46,389,323 43,234,030


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,155,293 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
46,389,323 43,234,030 46,389,323 43,234,030

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