taxes Property Tax Assistance

2018 ISD Summary Worksheet

049-Cooke

049-901/Gainesville ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 495,178,532 0.9458 523,555,225 495,178,532
B. MULTIFAMILY RESIDENCES 44,295,953 N/A 44,295,953 44,295,953
C1. VACANT LOTS 20,677,371 N/A 20,677,371 20,677,371
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,130,774 1.3619 3,033,168 4,130,774
D2. REAL PROP:FARM & RANCH 10,255,230 N/A 10,255,230 10,255,230
E. REAL PROP NONQUAL ACREAGE 79,979,082 1.0268 77,891,587 79,979,082
F1. COMMERCIAL REAL 233,664,334 0.9177 254,619,521 233,664,334
F2. INDUSTRIAL REAL 34,080,292 N/A 34,080,292 34,080,292
G. OIL,GAS,MINERALS 12,919,510 N/A 12,919,510 12,919,510
J. UTILITIES 52,102,161 N/A 52,102,161 52,102,161
L1. COMMERCIAL PERSONAL 102,170,603 0.9983 102,344,589 102,170,603
L2. INDUSTRIAL PERSONAL 165,445,455 N/A 165,445,455 165,445,455
M. MOBILE HOMES 3,555,511 N/A 3,555,511 3,555,511
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 651,351 N/A 651,351 651,351
S. SPECIAL INVENTORY 8,827,646 N/A 8,827,646 8,827,646
Subtotal 1,267,933,805 0 1,314,254,570 1,267,933,805
Less Total Deductions 142,878,284 0 152,881,198 142,878,284
Total Taxable Value 1,125,055,521 0 1,161,373,372 1,125,055,521

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
1,156,100,001 1,125,055,521 1,156,100,001 1,125,055,521


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,044,480 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
1,156,100,001 1,125,055,521 1,156,100,001 1,125,055,521

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

049-901-02/Gainesville ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 495,178,532 0.9458 523,555,225 495,178,532
B. MULTIFAMILY RESIDENCES 44,295,953 N/A 44,295,953 44,295,953
C1. VACANT LOTS 20,677,371 N/A 20,677,371 20,677,371
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,130,774 1.3619 3,033,168 4,130,774
D2. REAL PROP:FARM & RANCH 10,255,230 N/A 10,255,230 10,255,230
E. REAL PROP NONQUAL ACREAGE 79,979,082 1.0268 77,891,587 79,979,082
F1. COMMERCIAL REAL 233,664,334 0.9177 254,619,521 233,664,334
F2. INDUSTRIAL REAL 34,080,292 N/A 34,080,292 34,080,292
G. OIL,GAS,MINERALS 12,919,510 N/A 12,919,510 12,919,510
J. UTILITIES 52,102,161 N/A 52,102,161 52,102,161
L1. COMMERCIAL PERSONAL 102,170,603 0.9983 102,344,589 102,170,603
L2. INDUSTRIAL PERSONAL 165,445,455 N/A 165,445,455 165,445,455
M. MOBILE HOMES 3,555,511 N/A 3,555,511 3,555,511
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 651,351 N/A 651,351 651,351
S. SPECIAL INVENTORY 8,827,646 N/A 8,827,646 8,827,646
Subtotal 1,267,933,805 1,314,254,570 1,267,933,805
Less Total Deductions 142,878,284 152,881,198 142,878,284
Total Taxable Value 1,125,055,521 1,161,373,372 1,125,055,521

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
1,156,100,001 1,125,055,521 1,156,100,001 1,125,055,521


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
31,044,480 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
1,156,100,001 1,125,055,521 1,156,100,001 1,125,055,521

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