taxes Property Tax Assistance

2019 ISD Summary Worksheet

126-Johnson

126-911/Godley ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 303,447,548 0.8596 353,010,177 303,447,548
B. MULTIFAMILY RESIDENCES 1,740,342 N/A 1,740,342 1,740,342
C1. VACANT LOTS 26,874,142 N/A 26,874,142 26,874,142
D1. QUALIFIED AG LAND 7,339,791 1.6480 4,453,827 7,339,791
D2. REAL PROP:FARM & RANCH 3,712,833 N/A 3,712,833 3,712,833
E. REAL PROP NONQUAL ACREAGE 107,541,217 0.8810 122,067,216 107,541,217
F1. COMMERCIAL REAL 12,645,600 N/A 12,645,600 12,645,600
F2. INDUSTRIAL REAL 12,057,157 N/A 12,057,157 12,057,157
G. OIL,GAS,MINERALS 116,903,965 1.0276 113,764,076 116,903,965
J. UTILITIES 102,128,336 1.0721 95,260,084 102,128,336
L1. COMMERCIAL PERSONAL 9,753,168 N/A 9,753,168 9,753,168
L2. INDUSTRIAL PERSONAL 208,278,424 N/A 208,278,424 208,278,424
M. MOBILE HOMES 2,550,321 N/A 2,550,321 2,550,321
O. RESIDENTIAL INVENTORY 10,829,378 N/A 10,829,378 10,829,378
S. SPECIAL INVENTORY 7,459 N/A 7,459 7,459
Subtotal 925,809,681 0 977,004,204 925,809,681
Less Total Deductions 66,835,332 0 76,668,591 66,835,332
Total Taxable Value 858,974,349 0 900,335,613 858,974,349

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
872,473,095 858,974,349 872,473,095 858,974,349


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,498,746 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
872,473,095 858,974,349 872,473,095 858,974,349

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

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 303,447,548 0.8596 353,010,177 303,447,548
B. MULTIFAMILY RESIDENCES 1,740,342 N/A 1,740,342 1,740,342
C1. VACANT LOTS 26,874,142 N/A 26,874,142 26,874,142
D1. QUALIFIED AG LAND 7,339,791 1.6480 4,453,827 7,339,791
D2. REAL PROP:FARM & RANCH 3,712,833 N/A 3,712,833 3,712,833
E. REAL PROP NONQUAL ACREAGE 107,541,217 0.8810 122,067,216 107,541,217
F1. COMMERCIAL REAL 12,645,600 N/A 12,645,600 12,645,600
F2. INDUSTRIAL REAL 12,057,157 N/A 12,057,157 12,057,157
G. OIL,GAS,MINERALS 116,903,965 1.0276 113,764,076 116,903,965
J. UTILITIES 102,128,336 1.0721 95,260,084 102,128,336
L1. COMMERCIAL PERSONAL 9,753,168 N/A 9,753,168 9,753,168
L2. INDUSTRIAL PERSONAL 208,278,424 N/A 208,278,424 208,278,424
M. MOBILE HOMES 2,550,321 N/A 2,550,321 2,550,321
O. RESIDENTIAL INVENTORY 10,829,378 N/A 10,829,378 10,829,378
S. SPECIAL INVENTORY 7,459 N/A 7,459 7,459
Subtotal 925,809,681 977,004,204 925,809,681
Less Total Deductions 66,835,332 76,668,591 66,835,332
Total Taxable Value 858,974,349 900,335,613 858,974,349

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
872,473,095 858,974,349 872,473,095 858,974,349


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,498,746 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
872,473,095 858,974,349 872,473,095 858,974,349

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