taxes Property Tax Assistance

2019 ISD Summary Worksheet

087-Glasscock

087-901/Glasscock County ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,714,905 N/A 3,714,905 3,714,905
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 120,298 N/A 120,298 120,298
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,479,016 N/A 14,479,016 14,479,016
D2. REAL PROP:FARM & RANCH 5,089,322 N/A 5,089,322 5,089,322
E. REAL PROP NONQUAL ACREAGE 38,658,310 N/A 38,658,310 38,658,310
F1. COMMERCIAL REAL 8,437,567 N/A 8,437,567 8,437,567
F2. INDUSTRIAL REAL 842,337,449 N/A 842,337,449 842,337,449
G. OIL,GAS,MINERALS 3,188,266,840 N/A 3,188,266,840 3,188,266,840
J. UTILITIES 518,794,594 N/A 518,794,594 518,794,594
L1. COMMERCIAL PERSONAL 28,630,949 N/A 28,630,949 28,630,949
L2. INDUSTRIAL PERSONAL 118,836,530 N/A 118,836,530 118,836,530
M. MOBILE HOMES 1,511,393 N/A 1,511,393 1,511,393
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 4,768,877,173 0 4,768,877,173 4,768,877,173
Less Total Deductions 488,760,426 0 488,760,426 488,760,426
Total Taxable Value 4,280,116,747 0 4,280,116,747 4,280,116,747

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
4,282,463,077 4,280,116,747 4,279,763,270 4,277,416,940


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,346,330 2,699,807


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
4,752,388,917 4,750,042,587 4,749,689,110 4,747,342,780

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

087-901-02/Glasscock County ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,714,905 N/A 3,714,905 3,714,905
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 120,298 N/A 120,298 120,298
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,479,016 N/A 14,479,016 14,479,016
D2. REAL PROP:FARM & RANCH 5,089,322 N/A 5,089,322 5,089,322
E. REAL PROP NONQUAL ACREAGE 38,658,310 N/A 38,658,310 38,658,310
F1. COMMERCIAL REAL 8,437,567 N/A 8,437,567 8,437,567
F2. INDUSTRIAL REAL 842,337,449 N/A 842,337,449 842,337,449
G. OIL,GAS,MINERALS 3,188,266,840 N/A 3,188,266,840 3,188,266,840
J. UTILITIES 518,794,594 N/A 518,794,594 518,794,594
L1. COMMERCIAL PERSONAL 28,630,949 N/A 28,630,949 28,630,949
L2. INDUSTRIAL PERSONAL 118,836,530 N/A 118,836,530 118,836,530
M. MOBILE HOMES 1,511,393 N/A 1,511,393 1,511,393
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 4,768,877,173 4,768,877,173 4,768,877,173
Less Total Deductions 488,760,426 488,760,426 488,760,426
Total Taxable Value 4,280,116,747 4,280,116,747 4,280,116,747

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
4,282,463,077 4,280,116,747 4,279,763,270 4,277,416,940


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,346,330 2,699,807


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
4,752,388,917 4,750,042,587 4,749,689,110 4,747,342,780

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