taxes Property Tax Assistance

2016 ISD Summary Worksheet

047/Comanche

067-904/Gorman ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 736,080 N/A 736,080 736,080
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 361,660 N/A 361,660 361,660
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,375,080 N/A 2,375,080 2,375,080
D2. Real Prop Farm & Ranch 612,410 N/A 612,410 612,410
E. Real Prop NonQual Acres 6,587,751 N/A 6,587,751 6,587,751
F1. Commercial Real 19,590 N/A 19,590 19,590
F2. Industrial Real 204,050 N/A 204,050 204,050
G. Oil, Gas, Minerals 220,884 N/A 220,884 220,884
J. Utilities 3,256,540 N/A 3,256,540 3,256,540
L1. Commercial Personal 83,030 N/A 83,030 83,030
L2. Industrial Personal 2,674,380 N/A 2,674,380 2,674,380
M. Other Personal 269,600 N/A 269,600 269,600
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 17,401,055 17,401,055 17,401,055
Less Total Deductions 1,865,741   1,865,741 1,865,741
Total Taxable Value 15,535,314 15,535,314 15,535,314 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
16,053,751 15,535,314 16,053,751 15,535,314


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
518,437 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
16,053,751 15,535,314 16,053,751 15,535,314

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

067/Eastland

067-904/Gorman ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 29,099,170 .9509 30,601,714 29,099,170
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 789,750 N/A 789,750 789,750
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,365,500 .8577 3,923,768 3,365,500
D2. Real Prop Farm & Ranch 2,626,640 N/A 2,626,640 2,626,640
E. Real Prop NonQual Acres 22,232,340 1.0478 21,218,114 22,232,340
F1. Commercial Real 3,487,100 N/A 3,487,100 3,487,100
F2. Industrial Real 1,979,970 N/A 1,979,970 1,979,970
G. Oil, Gas, Minerals 757,370 N/A 757,370 757,370
J. Utilities 40,554,510 1.0071 40,268,603 40,554,510
L1. Commercial Personal 1,286,860 N/A 1,286,860 1,286,860
L2. Industrial Personal 5,819,400 N/A 5,819,400 5,819,400
M. Other Personal 810,800 N/A 810,800 810,800
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 112,809,410 113,570,089 112,809,410
Less Total Deductions 19,447,117   20,220,593 19,447,117
Total Taxable Value 93,362,293 93,349,496 93,362,293 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
96,334,113 93,362,293 96,334,113 93,362,293


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,971,820 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
96,334,113 93,362,293 96,334,113 93,362,293

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

067-904/Gorman ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 29,835,250 .9521 31,337,794 29,835,250
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,151,410 N/A 1,151,410 1,151,410
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,740,580 .9114 6,298,848 5,740,580
D2. Real Prop Farm & Ranch 3,239,050 N/A 3,239,050 3,239,050
E. Real Prop NonQual Acres 28,820,091 1.0365 27,805,865 28,820,091
F1. Commercial Real 3,506,690 N/A 3,506,690 3,506,690
F2. Industrial Real 2,184,020 N/A 2,184,020 2,184,020
G. Oil, Gas, Minerals 978,254 N/A 978,254 978,254
J. Utilities 43,811,050 1.0066 43,525,143 43,811,050
L1. Commercial Personal 1,369,890 N/A 1,369,890 1,369,890
L2. Industrial Personal 8,493,780 N/A 8,493,780 8,493,780
M. Other Personal 1,080,400 N/A 1,080,400 1,080,400
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 130,210,465 130,971,144 130,210,465
Less Total Deductions 21,312,858   22,086,334 21,312,858
Total Taxable Value 108,897,607 108,884,810 108,897,607 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