taxes Property Tax Assistance

2019 ISD Summary Worksheet

187-Polk

187-903/Goodrich ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 64,025,132 0.9819 65,205,349 64,025,132
C1. VACANT LOTS 4,085,733 N/A 4,085,733 4,085,733
D1. QUALIFIED AG LAND 3,606,850 1.0438 3,455,553 3,606,850
D2. REAL PROP:FARM & RANCH 2,115,803 N/A 2,115,803 2,115,803
E. REAL PROP NONQUAL ACREAGE 15,851,366 0.9018 17,577,474 15,851,366
F1. COMMERCIAL REAL 4,212,006 N/A 4,212,006 4,212,006
F2. INDUSTRIAL REAL 2,830,918 N/A 2,830,918 2,830,918
G. OIL,GAS,MINERALS 2,992,280 N/A 2,992,280 2,992,280
J. UTILITIES 35,023,445 1.0425 33,595,631 35,023,445
L1. COMMERCIAL PERSONAL 3,291,527 N/A 3,291,527 3,291,527
L2. INDUSTRIAL PERSONAL 3,079,207 N/A 3,079,207 3,079,207
M. MOBILE HOMES 6,147,929 N/A 6,147,929 6,147,929
S. SPECIAL INVENTORY 354,330 N/A 354,330 354,330
Subtotal 147,616,526 0 148,943,740 147,616,526
Less Total Deductions 26,056,874 0 26,593,121 26,056,874
Total Taxable Value 121,559,652 0 122,350,619 121,559,652

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
126,483,249 121,559,652 126,483,249 121,559,652


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,923,597 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
126,483,249 121,559,652 126,483,249 121,559,652

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

187-903-02/Goodrich ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 64,025,132 0.9819 65,205,349 64,025,132
C1. VACANT LOTS 4,085,733 N/A 4,085,733 4,085,733
D1. QUALIFIED AG LAND 3,606,850 1.0438 3,455,553 3,606,850
D2. REAL PROP:FARM & RANCH 2,115,803 N/A 2,115,803 2,115,803
E. REAL PROP NONQUAL ACREAGE 15,851,366 0.9018 17,577,474 15,851,366
F1. COMMERCIAL REAL 4,212,006 N/A 4,212,006 4,212,006
F2. INDUSTRIAL REAL 2,830,918 N/A 2,830,918 2,830,918
G. OIL,GAS,MINERALS 2,992,280 N/A 2,992,280 2,992,280
J. UTILITIES 35,023,445 1.0425 33,595,631 35,023,445
L1. COMMERCIAL PERSONAL 3,291,527 N/A 3,291,527 3,291,527
L2. INDUSTRIAL PERSONAL 3,079,207 N/A 3,079,207 3,079,207
M. MOBILE HOMES 6,147,929 N/A 6,147,929 6,147,929
S. SPECIAL INVENTORY 354,330 N/A 354,330 354,330
Subtotal 147,616,526 148,943,740 147,616,526
Less Total Deductions 26,056,874 26,593,121 26,056,874
Total Taxable Value 121,559,652 122,350,619 121,559,652

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
126,483,249 121,559,652 126,483,249 121,559,652


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,923,597 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
126,483,249 121,559,652 126,483,249 121,559,652

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