taxes Property Tax Assistance

2023 ISD Summary Worksheet

087-Glasscock/Glasscock County

087-901/Glasscock County ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,065,335 N/A 4,065,335 4,065,335
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 264,733 N/A 264,733 264,733
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,427,590 N/A 11,427,590 11,427,590
D2 - FARM & RANCH IMP 5,517,671 N/A 5,517,671 5,517,671
E - NON-AG LAND AND IMPROVEMENTS 42,297,047 N/A 42,297,047 42,297,047
F1 - COMMERCIAL REAL 10,039,626 N/A 10,039,626 10,039,626
F2 - INDUSTRIAL REAL 1,460,323,079 N/A 1,460,323,079 1,460,323,079
G - ALL MINERALS 7,074,545,970 N/A 7,074,545,970 7,074,545,970
J - ALL UTILITIES 968,463,913 N/A 968,463,913 968,463,913
L1 - COMMERCIAL PERSONAL 1,330,003 N/A 1,330,003 1,330,003
L2 - INDUSTRIAL PERSONAL 221,440,940 N/A 221,440,940 221,440,940
M1 - MOBILE HOMES 2,116,409 N/A 2,116,409 2,116,409
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 9,801,832,316 0 9,801,832,316 9,801,832,316
Less Total Deductions 618,678,818 0 618,678,818 618,678,818
Total Taxable Value 9,183,153,498 0 9,183,153,498 9,183,153,498

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 9,191,477,872 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,183,153,498 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 9,189,421,329 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,181,096,955 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,195,467,872 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 9,198,127,872 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 9,185,081,810 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 9,769,217,112 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,760,892,738 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 9,767,160,569 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,758,836,195 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,773,207,112 T13 plus the loss to the chapter 313 agreement
T16 9,775,867,112 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 9,762,821,050 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,324,374 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 2,056,543 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,990,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,660,000 Loss to Second Previous Homestead Increase

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

087-901-02/Glasscock County ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,065,335 N/A 4,065,335 4,065,335
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 264,733 N/A 264,733 264,733
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,427,590 N/A 11,427,590 11,427,590
D2 - FARM & RANCH IMP 5,517,671 N/A 5,517,671 5,517,671
E - NON-AG LAND AND IMPROVEMENTS 42,297,047 N/A 42,297,047 42,297,047
F1 - COMMERCIAL REAL 10,039,626 N/A 10,039,626 10,039,626
F2 - INDUSTRIAL REAL 1,460,323,079 N/A 1,460,323,079 1,460,323,079
G - ALL MINERALS 7,074,545,970 N/A 7,074,545,970 7,074,545,970
J - ALL UTILITIES 968,463,913 N/A 968,463,913 968,463,913
L1 - COMMERCIAL PERSONAL 1,330,003 N/A 1,330,003 1,330,003
L2 - INDUSTRIAL PERSONAL 221,440,940 N/A 221,440,940 221,440,940
M1 - MOBILE HOMES 2,116,409 N/A 2,116,409 2,116,409
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 9,801,832,316 9,801,832,316 9,801,832,316
Less Total Deductions 618,678,818 618,678,818 618,678,818
Total Taxable Value 9,183,153,498 9,183,153,498 9,183,153,498

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 9,191,477,872 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,183,153,498 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 9,189,421,329 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,181,096,955 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,195,467,872 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 9,198,127,872 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 9,185,081,810 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 9,769,217,112 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,760,892,738 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 9,767,160,569 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,758,836,195 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,773,207,112 T13 plus the loss to the chapter 313 agreement
T16 9,775,867,112 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 9,762,821,050 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,324,374 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 2,056,543 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,990,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,660,000 Loss to Second Previous Homestead Increase