taxes Property Tax Assistance

2023 ISD Summary Worksheet

072-Erath/Erath County

182-901/Gordon ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 744,670 N/A 744,670 744,670
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,640,550 0.9749 1,682,733 1,640,550
D2 - FARM & RANCH IMP 399,320 N/A 399,320 399,320
E - NON-AG LAND AND IMPROVEMENTS 28,132,370 1.0411 27,021,775 28,132,370
F1 - COMMERCIAL REAL 472,190 N/A 472,190 472,190
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 214,040 N/A 214,040 214,040
J - ALL UTILITIES 3,730,610 0.9643 3,868,723 3,730,610
L1 - COMMERCIAL PERSONAL 3,887,720 1.0259 3,789,570 3,887,720
L2 - INDUSTRIAL PERSONAL 38,540 N/A 38,540 38,540
M1 - MOBILE HOMES 407,150 N/A 407,150 407,150
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 39,667,160 0 38,638,711 39,667,160
Less Total Deductions 7,903,620 0 7,903,620 7,903,620
Total Taxable Value 31,763,540 0 30,735,091 31,763,540

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 33,711,863 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 31,763,540 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 33,711,863 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 31,763,540 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 34,371,863 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 34,811,863 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 32,294,662 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 33,711,863 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 31,763,540 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 33,711,863 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 31,763,540 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 34,371,863 T13 plus the loss to the chapter 313 agreement
T16 34,811,863 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 32,294,662 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,948,323 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 660,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 440,000 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

182-Palo Pinto/Palo Pinto County

182-901/Gordon ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 117,407,510 N/A 117,407,510 117,407,510
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 15,809,710 N/A 15,809,710 15,809,710
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,166,570 N/A 5,166,570 5,166,570
D2 - FARM & RANCH IMP 1,347,750 N/A 1,347,750 1,347,750
E - NON-AG LAND AND IMPROVEMENTS 61,380,850 N/A 61,380,850 61,380,850
F1 - COMMERCIAL REAL 14,804,380 N/A 14,804,380 14,804,380
F2 - INDUSTRIAL REAL 700,000 N/A 700,000 700,000
G - ALL MINERALS 4,480,449 N/A 4,480,449 4,480,449
J - ALL UTILITIES 23,181,862 N/A 23,181,862 23,181,862
L1 - COMMERCIAL PERSONAL 2,004,720 N/A 2,004,720 2,004,720
L2 - INDUSTRIAL PERSONAL 9,332,495 N/A 9,332,495 9,332,495
M1 - MOBILE HOMES 1,664,780 N/A 1,664,780 1,664,780
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 302,400 N/A 302,400 302,400
S - SPECIAL INVENTORY 381,380 N/A 381,380 381,380
Subtotal 257,964,856 0 257,964,856 257,964,856
Less Total Deductions 60,733,679 0 60,733,679 60,733,679
Total Taxable Value 197,231,177 0 197,231,177 197,231,177

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 213,760,341 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 197,231,177 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 213,760,341 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 197,231,177 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 219,730,341 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 223,710,341 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 181,432,596 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 213,760,341 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 197,231,177 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 213,760,341 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 197,231,177 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 219,730,341 T13 plus the loss to the chapter 313 agreement
T16 223,710,341 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 181,432,596 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 16,529,164 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 5,970,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,980,000 Loss to Second Previous Homestead Increase

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

182-901-02/Gordon ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 118,152,180 N/A 118,152,180 118,152,180
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 15,809,710 N/A 15,809,710 15,809,710
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,807,120 0.9938 6,849,303 6,807,120
D2 - FARM & RANCH IMP 1,747,070 N/A 1,747,070 1,747,070
E - NON-AG LAND AND IMPROVEMENTS 89,513,220 1.0126 88,402,625 89,513,220
F1 - COMMERCIAL REAL 15,276,570 N/A 15,276,570 15,276,570
F2 - INDUSTRIAL REAL 700,000 N/A 700,000 700,000
G - ALL MINERALS 4,694,489 N/A 4,694,489 4,694,489
J - ALL UTILITIES 26,912,472 0.9949 27,050,585 26,912,472
L1 - COMMERCIAL PERSONAL 5,892,440 1.0169 5,794,290 5,892,440
L2 - INDUSTRIAL PERSONAL 9,371,035 N/A 9,371,035 9,371,035
M1 - MOBILE HOMES 2,071,930 N/A 2,071,930 2,071,930
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 302,400 N/A 302,400 302,400
S - SPECIAL INVENTORY 381,380 N/A 381,380 381,380
Subtotal 297,632,016 296,603,567 297,632,016
Less Total Deductions 68,637,299 68,637,299 68,637,299
Total Taxable Value 228,994,717 227,966,268 228,994,717

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 247,472,204 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 228,994,717 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 247,472,204 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 228,994,717 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 254,102,204 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 258,522,204 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 213,727,258 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 247,472,204 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 228,994,717 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 247,472,204 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 228,994,717 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 254,102,204 T13 plus the loss to the chapter 313 agreement
T16 258,522,204 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 213,727,258 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,477,487 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 6,630,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,420,000 Loss to Second Previous Homestead Increase