taxes Property Tax Assistance

2018 ISD Summary Worksheet

057-Dallas

057-909/Garland ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,540,700,780 0.9681 16,052,784,609 15,540,700,780
B. MULTIFAMILY RESIDENCES 1,334,743,620 0.9065 1,472,414,363 1,334,743,620
C1. VACANT LOTS 371,666,720 0.8778 423,407,063 371,666,720
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 375,889 1.0946 343,402 375,889
D2. REAL PROP:FARM & RANCH 983,370 N/A 983,370 983,370
E. REAL PROP NONQUAL ACREAGE 3,793,680 N/A 3,793,680 3,793,680
F1. COMMERCIAL REAL 3,145,434,370 0.9000 3,494,927,078 3,145,434,370
F2. INDUSTRIAL REAL 155,202,490 N/A 155,202,490 155,202,490
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 227,517,690 N/A 227,517,690 227,517,690
L1. COMMERCIAL PERSONAL 1,291,961,830 1.0062 1,284,001,024 1,291,961,830
L2. INDUSTRIAL PERSONAL 888,835,500 N/A 888,835,500 888,835,500
M. MOBILE HOMES 5,975,500 N/A 5,975,500 5,975,500
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 859,500 N/A 859,500 859,500
S. SPECIAL INVENTORY 42,680,560 N/A 42,680,560 42,680,560
Subtotal 23,010,731,499 0 24,053,725,829 23,010,731,499
Less Total Deductions 4,119,749,502 0 4,268,224,133 4,119,749,502
Total Taxable Value 18,890,981,997 0 19,785,501,696 18,890,981,997

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
19,439,035,998 18,890,981,997 19,439,035,998 18,890,981,997


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
548,054,001 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
19,439,035,998 18,890,981,997 19,439,035,998 18,890,981,997

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

057-909-02/Garland ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,540,700,780 0.9681 16,052,784,609 15,540,700,780
B. MULTIFAMILY RESIDENCES 1,334,743,620 0.9065 1,472,414,363 1,334,743,620
C1. VACANT LOTS 371,666,720 0.8778 423,407,063 371,666,720
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 375,889 1.0946 343,402 375,889
D2. REAL PROP:FARM & RANCH 983,370 N/A 983,370 983,370
E. REAL PROP NONQUAL ACREAGE 3,793,680 N/A 3,793,680 3,793,680
F1. COMMERCIAL REAL 3,145,434,370 0.9000 3,494,927,078 3,145,434,370
F2. INDUSTRIAL REAL 155,202,490 N/A 155,202,490 155,202,490
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 227,517,690 N/A 227,517,690 227,517,690
L1. COMMERCIAL PERSONAL 1,291,961,830 1.0062 1,284,001,024 1,291,961,830
L2. INDUSTRIAL PERSONAL 888,835,500 N/A 888,835,500 888,835,500
M. MOBILE HOMES 5,975,500 N/A 5,975,500 5,975,500
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 859,500 N/A 859,500 859,500
S. SPECIAL INVENTORY 42,680,560 N/A 42,680,560 42,680,560
Subtotal 23,010,731,499 24,053,725,829 23,010,731,499
Less Total Deductions 4,119,749,502 4,268,224,133 4,119,749,502
Total Taxable Value 18,890,981,997 19,785,501,696 18,890,981,997

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
19,439,035,998 18,890,981,997 19,439,035,998 18,890,981,997


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
548,054,001 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
19,439,035,998 18,890,981,997 19,439,035,998 18,890,981,997

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