taxes Property Tax Assistance

2019 ISD Summary Worksheet

083-Gaines

083-902/Loop ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	7,120	N/A	7,120	7,120
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	198,390	N/A	198,390	198,390
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,450,682	1.5101	7,582,729	11,450,682
D2. REAL PROP:FARM & RANCH	594,962	N/A	594,962	594,962
E. REAL PROP NONQUAL ACREAGE	22,865,060	0.8011	28,542,080	22,865,060
F1. COMMERCIAL REAL	261,730	N/A	261,730	261,730
F2. INDUSTRIAL REAL	4,423,090	N/A	4,423,090	4,423,090
G. OIL,GAS,MINERALS	152,388,330	0.9890	154,083,246	152,388,330
J. UTILITIES	12,565,300	0.9732	12,911,323	12,565,300
L1. COMMERCIAL PERSONAL	377,900	N/A	377,900	377,900
L2. INDUSTRIAL PERSONAL	16,540,620	N/A	16,540,620	16,540,620
M. MOBILE HOMES	617,370	N/A	617,370	617,370
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	222,290,554	0	226,140,560	222,290,554
Less Total Deductions	6,068,645	0	6,068,645	6,068,645
Total Taxable Value	216,221,909	0	220,071,915	216,221,909

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
217,022,000	216,221,909	216,098,474	215,298,383

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
800,091	923,526

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
217,022,000	216,221,909	216,098,474	215,298,383

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

083-902-02/Loop ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	7,120	N/A	7,120	7,120
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	198,390	N/A	198,390	198,390
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,450,682	1.5101	7,582,729	11,450,682
D2. REAL PROP:FARM & RANCH	594,962	N/A	594,962	594,962
E. REAL PROP NONQUAL ACREAGE	22,865,060	0.8011	28,542,080	22,865,060
F1. COMMERCIAL REAL	261,730	N/A	261,730	261,730
F2. INDUSTRIAL REAL	4,423,090	N/A	4,423,090	4,423,090
G. OIL,GAS,MINERALS	152,388,330	0.9890	154,083,246	152,388,330
J. UTILITIES	12,565,300	0.9732	12,911,323	12,565,300
L1. COMMERCIAL PERSONAL	377,900	N/A	377,900	377,900
L2. INDUSTRIAL PERSONAL	16,540,620	N/A	16,540,620	16,540,620
M. MOBILE HOMES	617,370	N/A	617,370	617,370
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	222,290,554		226,140,560	222,290,554
Less Total Deductions	6,068,645		6,068,645	6,068,645
Total Taxable Value	216,221,909		220,071,915	216,221,909

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
217,022,000	216,221,909	216,098,474	215,298,383

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
800,091	923,526

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
217,022,000	216,221,909	216,098,474	215,298,383

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