taxes Property Tax Assistance

2019 ISD Summary Worksheet

120-Jackson

120-902/Ganado ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 91,368,396 0.9648 94,701,903 91,368,396
B. MULTIFAMILY RESIDENCES 1,046,858 N/A 1,046,858 1,046,858
C1. VACANT LOTS 1,694,820 N/A 1,694,820 1,694,820
D1. QUALIFIED AG LAND 19,180,280 0.9961 19,255,541 19,180,280
D2. REAL PROP:FARM & RANCH 8,395,734 N/A 8,395,734 8,395,734
E. REAL PROP NONQUAL ACREAGE 31,676,010 0.8995 35,215,131 31,676,010
F1. COMMERCIAL REAL 23,751,645 0.6956 34,145,551 23,751,645
F2. INDUSTRIAL REAL 293,275,250 N/A 293,275,250 293,275,250
G. OIL,GAS,MINERALS 17,542,240 N/A 17,542,240 17,542,240
J. UTILITIES 48,771,270 1.0339 47,172,135 48,771,270
L1. COMMERCIAL PERSONAL 10,601,323 N/A 10,601,323 10,601,323
L2. INDUSTRIAL PERSONAL 13,198,350 N/A 13,198,350 13,198,350
M. MOBILE HOMES 2,866,960 N/A 2,866,960 2,866,960
Subtotal 563,369,136 0 579,111,796 563,369,136
Less Total Deductions 315,589,078 0 316,766,454 315,589,078
Total Taxable Value 247,780,058 0 262,345,342 247,780,058

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
254,834,126 247,780,058 254,834,126 247,780,058


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,054,068 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
537,629,926 530,575,858 537,629,926 530,575,858

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

120-902-02/Ganado ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 91,368,396 0.9648 94,701,903 91,368,396
B. MULTIFAMILY RESIDENCES 1,046,858 N/A 1,046,858 1,046,858
C1. VACANT LOTS 1,694,820 N/A 1,694,820 1,694,820
D1. QUALIFIED AG LAND 19,180,280 0.9961 19,255,541 19,180,280
D2. REAL PROP:FARM & RANCH 8,395,734 N/A 8,395,734 8,395,734
E. REAL PROP NONQUAL ACREAGE 31,676,010 0.8995 35,215,131 31,676,010
F1. COMMERCIAL REAL 23,751,645 0.6956 34,145,551 23,751,645
F2. INDUSTRIAL REAL 293,275,250 N/A 293,275,250 293,275,250
G. OIL,GAS,MINERALS 17,542,240 N/A 17,542,240 17,542,240
J. UTILITIES 48,771,270 1.0339 47,172,135 48,771,270
L1. COMMERCIAL PERSONAL 10,601,323 N/A 10,601,323 10,601,323
L2. INDUSTRIAL PERSONAL 13,198,350 N/A 13,198,350 13,198,350
M. MOBILE HOMES 2,866,960 N/A 2,866,960 2,866,960
Subtotal 563,369,136 579,111,796 563,369,136
Less Total Deductions 315,589,078 316,766,454 315,589,078
Total Taxable Value 247,780,058 262,345,342 247,780,058

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
254,834,126 247,780,058 254,834,126 247,780,058


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,054,068 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
537,629,926 530,575,858 537,629,926 530,575,858

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