taxes Property Tax Assistance

2018 ISD Summary Worksheet

166/Milam

166-902/Gause ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 12,680,990 N/A 12,680,990 12,680,990
B. Multi-Family Residences 17,630 N/A 17,630 17,630
C1. Vacant Lots 389,821 N/A 389,821 389,821
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,166,194 N/A 3,166,194 3,166,194
D2. Real Prop Farm & Ranch 2,301,970 N/A 2,301,970 2,301,970
E. Real Prop NonQual Acres 41,723,830 N/A 41,723,830 41,723,830
F1. Commercial Real 817,800 N/A 817,800 817,800
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 24,478,857 N/A 24,478,857 24,478,857
J. Utilities 7,881,090 N/A 7,881,090 7,881,090
L1. Commercial Personal 635,020 N/A 635,020 635,020
L2. Industrial Personal 666,240 N/A 666,240 666,240
M. Other Personal 2,058,420 N/A 2,058,420 2,058,420
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 96,817,862 96,817,862 96,817,862
Less Total Deductions 13,963,795   13,963,795 13,963,795
Total Taxable Value 82,854,067 82,854,067 82,854,067 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
85,116,898 82,854,067 85,116,898 82,854,067


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,262,831 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
85,116,898 82,854,067 85,116,898 82,854,067

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