taxes Property Tax Assistance

2019 ISD Summary Worksheet

166-Milam

166-902/Gause ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,627,821 0.9690 15,095,791 14,627,821
B. MULTIFAMILY RESIDENCES 17,280 N/A 17,280 17,280
C1. VACANT LOTS 180,580 N/A 180,580 180,580
D1. QUALIFIED AG LAND 2,991,518 1.0596 2,823,339 2,991,518
D2. REAL PROP:FARM & RANCH 2,576,100 N/A 2,576,100 2,576,100
E. REAL PROP NONQUAL ACREAGE 54,236,441 1.0297 52,672,080 54,236,441
F1. COMMERCIAL REAL 1,290,840 N/A 1,290,840 1,290,840
G. OIL,GAS,MINERALS 59,506,066 1.0029 59,333,997 59,506,066
J. UTILITIES 8,238,090 0.9591 8,589,396 8,238,090
L1. COMMERCIAL PERSONAL 665,080 N/A 665,080 665,080
L2. INDUSTRIAL PERSONAL 9,356,750 N/A 9,356,750 9,356,750
M. MOBILE HOMES 2,220,690 N/A 2,220,690 2,220,690
Subtotal 155,907,256 0 154,821,923 155,907,256
Less Total Deductions 22,602,174 0 23,392,249 22,602,174
Total Taxable Value 133,305,082 0 131,429,674 133,305,082

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
135,558,312 133,305,082 135,558,312 133,305,082


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,253,230 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
135,558,312 133,305,082 135,558,312 133,305,082

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

166-902-02/Gause ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,627,821 0.9690 15,095,791 14,627,821
B. MULTIFAMILY RESIDENCES 17,280 N/A 17,280 17,280
C1. VACANT LOTS 180,580 N/A 180,580 180,580
D1. QUALIFIED AG LAND 2,991,518 1.0596 2,823,339 2,991,518
D2. REAL PROP:FARM & RANCH 2,576,100 N/A 2,576,100 2,576,100
E. REAL PROP NONQUAL ACREAGE 54,236,441 1.0297 52,672,080 54,236,441
F1. COMMERCIAL REAL 1,290,840 N/A 1,290,840 1,290,840
G. OIL,GAS,MINERALS 59,506,066 1.0029 59,333,997 59,506,066
J. UTILITIES 8,238,090 0.9591 8,589,396 8,238,090
L1. COMMERCIAL PERSONAL 665,080 N/A 665,080 665,080
L2. INDUSTRIAL PERSONAL 9,356,750 N/A 9,356,750 9,356,750
M. MOBILE HOMES 2,220,690 N/A 2,220,690 2,220,690
Subtotal 155,907,256 154,821,923 155,907,256
Less Total Deductions 22,602,174 23,392,249 22,602,174
Total Taxable Value 133,305,082 131,429,674 133,305,082

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
135,558,312 133,305,082 135,558,312 133,305,082


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,253,230 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
135,558,312 133,305,082 135,558,312 133,305,082

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