taxes Property Tax Assistance

2019 ISD Summary Worksheet

047-Comanche

067-904/Gorman ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,728,530 0.9823 1,759,676 1,728,530
C1. VACANT LOTS 281,810 N/A 281,810 281,810
D1. QUALIFIED AG LAND 2,462,751 0.9527 2,584,966 2,462,751
D2. REAL PROP:FARM & RANCH 718,531 N/A 718,531 718,531
E. REAL PROP NONQUAL ACREAGE 11,140,170 0.9798 11,369,841 11,140,170
F1. COMMERCIAL REAL 4,540 N/A 4,540 4,540
F2. INDUSTRIAL REAL 165,400 N/A 165,400 165,400
G. OIL,GAS,MINERALS 214,632 N/A 214,632 214,632
J. UTILITIES 3,088,700 0.5911 5,225,343 3,088,700
L1. COMMERCIAL PERSONAL 8,030 N/A 8,030 8,030
L2. INDUSTRIAL PERSONAL 2,108,690 N/A 2,108,690 2,108,690
M. MOBILE HOMES 565,610 N/A 565,610 565,610
Subtotal 22,487,394 0 25,007,069 22,487,394
Less Total Deductions 3,174,700 0 3,227,196 3,174,700
Total Taxable Value 19,312,694 0 21,779,873 19,312,694

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
19,902,361 19,312,694 19,902,361 19,312,694


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
589,667 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
19,902,361 19,312,694 19,902,361 19,312,694

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

067-904-02/Gorman ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,728,530 0.9823 1,759,676 1,728,530
C1. VACANT LOTS 281,810 N/A 281,810 281,810
D1. QUALIFIED AG LAND 2,462,751 0.9527 2,584,966 2,462,751
D2. REAL PROP:FARM & RANCH 718,531 N/A 718,531 718,531
E. REAL PROP NONQUAL ACREAGE 11,140,170 0.9798 11,369,841 11,140,170
F1. COMMERCIAL REAL 4,540 N/A 4,540 4,540
F2. INDUSTRIAL REAL 165,400 N/A 165,400 165,400
G. OIL,GAS,MINERALS 214,632 N/A 214,632 214,632
J. UTILITIES 3,088,700 0.5911 5,225,343 3,088,700
L1. COMMERCIAL PERSONAL 8,030 N/A 8,030 8,030
L2. INDUSTRIAL PERSONAL 2,108,690 N/A 2,108,690 2,108,690
M. MOBILE HOMES 565,610 N/A 565,610 565,610
Subtotal 22,487,394 25,007,069 22,487,394
Less Total Deductions 3,174,700 3,227,196 3,174,700
Total Taxable Value 19,312,694 21,779,873 19,312,694

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
19,902,361 19,312,694 19,902,361 19,312,694


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
589,667 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
19,902,361 19,312,694 19,902,361 19,312,694

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