taxes Property Tax Assistance

2019 ISD Summary Worksheet

111-Hood

126-911/Godley ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 193,290 N/A 193,290 193,290
D1. QUALIFIED AG LAND 485,450 N/A 485,450 485,450
D2. REAL PROP:FARM & RANCH 135,930 N/A 135,930 135,930
E. REAL PROP NONQUAL ACREAGE 2,184,970 N/A 2,184,970 2,184,970
F1. COMMERCIAL REAL 1,056,710 N/A 1,056,710 1,056,710
F2. INDUSTRIAL REAL 17,190,860 N/A 17,190,860 17,190,860
G. OIL,GAS,MINERALS 12,287,170 N/A 12,287,170 12,287,170
J. UTILITIES 7,606,450 N/A 7,606,450 7,606,450
L1. COMMERCIAL PERSONAL 9,970 N/A 9,970 9,970
M. MOBILE HOMES 60,720 N/A 60,720 60,720
Subtotal 41,211,520 0 41,211,520 41,211,520
Less Total Deductions 439,253 0 439,253 439,253
Total Taxable Value 40,772,267 0 40,772,267 40,772,267

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
40,800,417 40,772,267 40,800,417 40,772,267


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,150 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
40,800,417 40,772,267 40,800,417 40,772,267

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

126-911-02/Godley ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 193,290 N/A 193,290 193,290
D1. QUALIFIED AG LAND 485,450 N/A 485,450 485,450
D2. REAL PROP:FARM & RANCH 135,930 N/A 135,930 135,930
E. REAL PROP NONQUAL ACREAGE 2,184,970 N/A 2,184,970 2,184,970
F1. COMMERCIAL REAL 1,056,710 N/A 1,056,710 1,056,710
F2. INDUSTRIAL REAL 17,190,860 N/A 17,190,860 17,190,860
G. OIL,GAS,MINERALS 12,287,170 N/A 12,287,170 12,287,170
J. UTILITIES 7,606,450 N/A 7,606,450 7,606,450
L1. COMMERCIAL PERSONAL 9,970 N/A 9,970 9,970
M. MOBILE HOMES 60,720 N/A 60,720 60,720
Subtotal 41,211,520 41,211,520 41,211,520
Less Total Deductions 439,253 439,253 439,253
Total Taxable Value 40,772,267 40,772,267 40,772,267

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
40,800,417 40,772,267 40,800,417 40,772,267


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
28,150 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
40,800,417 40,772,267 40,800,417 40,772,267

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