taxes Property Tax Assistance

2018 ISD Summary Worksheet

183-Panola

183-904/Gary ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	53,831,860	N/A	53,831,860	53,831,860
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	2,465,360	N/A	2,465,360	2,465,360
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,269,790	N/A	5,269,790	5,269,790
D2. REAL PROP:FARM & RANCH	3,170,840	N/A	3,170,840	3,170,840
E. REAL PROP NONQUAL ACREAGE	18,942,050	N/A	18,942,050	18,942,050
F1. COMMERCIAL REAL	1,424,870	N/A	1,424,870	1,424,870
F2. INDUSTRIAL REAL	43,780	N/A	43,780	43,780
G. OIL,GAS,MINERALS	59,757,670	N/A	59,757,670	59,757,670
J. UTILITIES	28,399,000	N/A	28,399,000	28,399,000
L1. COMMERCIAL PERSONAL	1,267,800	N/A	1,267,800	1,267,800
L2. INDUSTRIAL PERSONAL	6,038,380	N/A	6,038,380	6,038,380
M. MOBILE HOMES	4,515,800	N/A	4,515,800	4,515,800
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	185,127,200	0	185,127,200	185,127,200
Less Total Deductions	26,751,233	0	26,751,233	26,751,233
Total Taxable Value	158,375,967	0	158,375,967	158,375,967

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
163,118,807	158,375,967	158,109,667	153,366,827

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,742,840	5,009,140

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
163,118,807	158,375,967	158,109,667	153,366,827

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

183-904-02/Gary ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	53,831,860	N/A	53,831,860	53,831,860
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	2,465,360	N/A	2,465,360	2,465,360
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,269,790	N/A	5,269,790	5,269,790
D2. REAL PROP:FARM & RANCH	3,170,840	N/A	3,170,840	3,170,840
E. REAL PROP NONQUAL ACREAGE	18,942,050	N/A	18,942,050	18,942,050
F1. COMMERCIAL REAL	1,424,870	N/A	1,424,870	1,424,870
F2. INDUSTRIAL REAL	43,780	N/A	43,780	43,780
G. OIL,GAS,MINERALS	59,757,670	N/A	59,757,670	59,757,670
J. UTILITIES	28,399,000	N/A	28,399,000	28,399,000
L1. COMMERCIAL PERSONAL	1,267,800	N/A	1,267,800	1,267,800
L2. INDUSTRIAL PERSONAL	6,038,380	N/A	6,038,380	6,038,380
M. MOBILE HOMES	4,515,800	N/A	4,515,800	4,515,800
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	185,127,200		185,127,200	185,127,200
Less Total Deductions	26,751,233		26,751,233	26,751,233
Total Taxable Value	158,375,967		158,375,967	158,375,967

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
163,118,807	158,375,967	158,109,667	153,366,827

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,742,840	5,009,140

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
163,118,807	158,375,967	158,109,667	153,366,827

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