taxes Property Tax Assistance

2019 ISD Summary Worksheet

092-Gregg

092-901/Gladewater ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 135,245,680 0.9879 136,902,197 135,245,680
B. MULTIFAMILY RESIDENCES 6,716,960 N/A 6,716,960 6,716,960
C1. VACANT LOTS 2,738,920 N/A 2,738,920 2,738,920
D1. QUALIFIED AG LAND 1,592,144 0.9838 1,618,342 1,592,144
D2. REAL PROP:FARM & RANCH 205,170 N/A 205,170 205,170
E. REAL PROP NONQUAL ACREAGE 32,777,196 0.9006 36,394,843 32,777,196
F1. COMMERCIAL REAL 41,470,076 0.8326 49,807,922 41,470,076
F2. INDUSTRIAL REAL 4,956,090 N/A 4,956,090 4,956,090
G. OIL,GAS,MINERALS 54,566,827 0.9966 54,752,987 54,566,827
J. UTILITIES 26,093,611 0.9747 26,770,915 26,093,611
L1. COMMERCIAL PERSONAL 22,349,959 1.0856 20,587,656 22,349,959
L2. INDUSTRIAL PERSONAL 14,896,980 N/A 14,896,980 14,896,980
M. MOBILE HOMES 1,441,910 N/A 1,441,910 1,441,910
O. RESIDENTIAL INVENTORY 217,420 N/A 217,420 217,420
S. SPECIAL INVENTORY 3,261,010 N/A 3,261,010 3,261,010
Subtotal 348,529,953 0 361,269,322 348,529,953
Less Total Deductions 48,640,687 0 49,205,793 48,640,687
Total Taxable Value 299,889,266 0 312,063,529 299,889,266

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
309,017,988 299,889,266 298,812,117 289,683,395


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,128,722 10,205,871


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
309,017,988 299,889,266 298,812,117 289,683,395

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

092-901-02/Gladewater ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 135,245,680 0.9879 136,902,197 135,245,680
B. MULTIFAMILY RESIDENCES 6,716,960 N/A 6,716,960 6,716,960
C1. VACANT LOTS 2,738,920 N/A 2,738,920 2,738,920
D1. QUALIFIED AG LAND 1,592,144 0.9838 1,618,342 1,592,144
D2. REAL PROP:FARM & RANCH 205,170 N/A 205,170 205,170
E. REAL PROP NONQUAL ACREAGE 32,777,196 0.9006 36,394,843 32,777,196
F1. COMMERCIAL REAL 41,470,076 0.8326 49,807,922 41,470,076
F2. INDUSTRIAL REAL 4,956,090 N/A 4,956,090 4,956,090
G. OIL,GAS,MINERALS 54,566,827 0.9966 54,752,987 54,566,827
J. UTILITIES 26,093,611 0.9747 26,770,915 26,093,611
L1. COMMERCIAL PERSONAL 22,349,959 1.0856 20,587,656 22,349,959
L2. INDUSTRIAL PERSONAL 14,896,980 N/A 14,896,980 14,896,980
M. MOBILE HOMES 1,441,910 N/A 1,441,910 1,441,910
O. RESIDENTIAL INVENTORY 217,420 N/A 217,420 217,420
S. SPECIAL INVENTORY 3,261,010 N/A 3,261,010 3,261,010
Subtotal 348,529,953 361,269,322 348,529,953
Less Total Deductions 48,640,687 49,205,793 48,640,687
Total Taxable Value 299,889,266 312,063,529 299,889,266

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
309,017,988 299,889,266 298,812,117 289,683,395


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,128,722 10,205,871


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
309,017,988 299,889,266 298,812,117 289,683,395

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