taxes Property Tax Assistance

2023 ISD Summary Worksheet

166-Milam/Milam County

166-902/Gause ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 27,073,560 N/A 27,073,560 27,073,560
B - MULTIFAMILY 71,710 N/A 71,710 71,710
C1 - VACANT LOTS 932,350 N/A 932,350 932,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,226,458 1.0487 3,076,662 3,226,458
D2 - FARM & RANCH IMP 3,088,760 N/A 3,088,760 3,088,760
E - NON-AG LAND AND IMPROVEMENTS 94,003,211 0.8933 105,231,402 94,003,211
F1 - COMMERCIAL REAL 844,710 N/A 844,710 844,710
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 215,689,975 1.0047 214,680,974 215,689,975
J - ALL UTILITIES 10,110,020 N/A 10,110,020 10,110,020
L1 - COMMERCIAL PERSONAL 741,190 N/A 741,190 741,190
L2 - INDUSTRIAL PERSONAL 1,033,600 N/A 1,033,600 1,033,600
M1 - MOBILE HOMES 4,199,740 N/A 4,199,740 4,199,740
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 361,015,284 0 371,084,678 361,015,284
Less Total Deductions 47,068,358 0 47,068,358 47,068,358
Total Taxable Value 313,946,926 0 324,016,320 313,946,926

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 324,450,418 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 313,946,926 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 324,450,418 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 313,946,926 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 328,680,418 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 331,500,418 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 317,840,016 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 324,450,418 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 313,946,926 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 324,450,418 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 313,946,926 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 328,680,418 T13 plus the loss to the chapter 313 agreement
T16 331,500,418 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 317,840,016 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,503,492 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 4,230,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,820,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

166-902-02/Gause ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 27,073,560 N/A 27,073,560 27,073,560
B - MULTIFAMILY 71,710 N/A 71,710 71,710
C1 - VACANT LOTS 932,350 N/A 932,350 932,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,226,458 1.0487 3,076,662 3,226,458
D2 - FARM & RANCH IMP 3,088,760 N/A 3,088,760 3,088,760
E - NON-AG LAND AND IMPROVEMENTS 94,003,211 0.8933 105,231,402 94,003,211
F1 - COMMERCIAL REAL 844,710 N/A 844,710 844,710
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 215,689,975 1.0047 214,680,974 215,689,975
J - ALL UTILITIES 10,110,020 N/A 10,110,020 10,110,020
L1 - COMMERCIAL PERSONAL 741,190 N/A 741,190 741,190
L2 - INDUSTRIAL PERSONAL 1,033,600 N/A 1,033,600 1,033,600
M1 - MOBILE HOMES 4,199,740 N/A 4,199,740 4,199,740
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 361,015,284 371,084,678 361,015,284
Less Total Deductions 47,068,358 47,068,358 47,068,358
Total Taxable Value 313,946,926 324,016,320 313,946,926

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 324,450,418 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 313,946,926 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 324,450,418 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 313,946,926 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 328,680,418 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 331,500,418 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 317,840,016 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 324,450,418 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 313,946,926 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 324,450,418 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 313,946,926 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 328,680,418 T13 plus the loss to the chapter 313 agreement
T16 331,500,418 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 317,840,016 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,503,492 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 4,230,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,820,000 Loss to Second Previous Homestead Increase