taxes Property Tax Assistance

2018 ISD Summary Worksheet

161-McLennan

161-925/Gholson ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	35,053,349	1.0484	33,435,091	35,053,349
B. MULTIFAMILY RESIDENCES	267,570	N/A	267,570	267,570
C1. VACANT LOTS	1,597,755	N/A	1,597,755	1,597,755
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,179,540	1.0527	1,120,464	1,179,540
D2. REAL PROP:FARM & RANCH	1,483,864	N/A	1,483,864	1,483,864
E. REAL PROP NONQUAL ACREAGE	29,077,296	1.0102	28,783,702	29,077,296
F1. COMMERCIAL REAL	407,890	N/A	407,890	407,890
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	963,660	N/A	963,660	963,660
L1. COMMERCIAL PERSONAL	470,470	N/A	470,470	470,470
L2. INDUSTRIAL PERSONAL	570,480	N/A	570,480	570,480
M. MOBILE HOMES	1,842,750	N/A	1,842,750	1,842,750
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	72,914,624	0	70,943,696	72,914,624
Less Total Deductions	19,843,465	0	18,842,278	19,843,465
Total Taxable Value	53,071,159	0	52,101,418	53,071,159

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
56,257,179	53,071,159	56,257,179	53,071,159

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,186,020	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
56,257,179	53,071,159	56,257,179	53,071,159

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

161-925-02/Gholson ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	35,053,349	1.0484	33,435,091	35,053,349
B. MULTIFAMILY RESIDENCES	267,570	N/A	267,570	267,570
C1. VACANT LOTS	1,597,755	N/A	1,597,755	1,597,755
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,179,540	1.0527	1,120,464	1,179,540
D2. REAL PROP:FARM & RANCH	1,483,864	N/A	1,483,864	1,483,864
E. REAL PROP NONQUAL ACREAGE	29,077,296	1.0102	28,783,702	29,077,296
F1. COMMERCIAL REAL	407,890	N/A	407,890	407,890
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	963,660	N/A	963,660	963,660
L1. COMMERCIAL PERSONAL	470,470	N/A	470,470	470,470
L2. INDUSTRIAL PERSONAL	570,480	N/A	570,480	570,480
M. MOBILE HOMES	1,842,750	N/A	1,842,750	1,842,750
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	72,914,624		70,943,696	72,914,624
Less Total Deductions	19,843,465		18,842,278	19,843,465
Total Taxable Value	53,071,159		52,101,418	53,071,159

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
56,257,179	53,071,159	56,257,179	53,071,159

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,186,020	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
56,257,179	53,071,159	56,257,179	53,071,159

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