taxes Property Tax Assistance

2019 ISD Summary Worksheet

201-Rusk

174-903/Garrison ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,345,600 N/A 6,345,600 6,345,600
C1. VACANT LOTS 494,420 N/A 494,420 494,420
D1. QUALIFIED AG LAND 1,223,240 N/A 1,223,240 1,223,240
D2. REAL PROP:FARM & RANCH 1,419,900 N/A 1,419,900 1,419,900
E. REAL PROP NONQUAL ACREAGE 6,392,190 N/A 6,392,190 6,392,190
F1. COMMERCIAL REAL 7,260 N/A 7,260 7,260
F2. INDUSTRIAL REAL 40,260 N/A 40,260 40,260
G. OIL,GAS,MINERALS 673,290 N/A 673,290 673,290
J. UTILITIES 2,087,480 N/A 2,087,480 2,087,480
L1. COMMERCIAL PERSONAL 32,463 N/A 32,463 32,463
L2. INDUSTRIAL PERSONAL 25,340 N/A 25,340 25,340
M. MOBILE HOMES 1,025,190 N/A 1,025,190 1,025,190
Subtotal 19,766,633 0 19,766,633 19,766,633
Less Total Deductions 4,198,681 0 4,198,681 4,198,681
Total Taxable Value 15,567,952 0 15,567,952 15,567,952

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
16,151,607 15,567,952 15,498,987 14,915,332


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
583,655 652,620


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
16,151,607 15,567,952 15,498,987 14,915,332

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

174-903-02/Garrison ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,345,600 N/A 6,345,600 6,345,600
C1. VACANT LOTS 494,420 N/A 494,420 494,420
D1. QUALIFIED AG LAND 1,223,240 N/A 1,223,240 1,223,240
D2. REAL PROP:FARM & RANCH 1,419,900 N/A 1,419,900 1,419,900
E. REAL PROP NONQUAL ACREAGE 6,392,190 N/A 6,392,190 6,392,190
F1. COMMERCIAL REAL 7,260 N/A 7,260 7,260
F2. INDUSTRIAL REAL 40,260 N/A 40,260 40,260
G. OIL,GAS,MINERALS 673,290 N/A 673,290 673,290
J. UTILITIES 2,087,480 N/A 2,087,480 2,087,480
L1. COMMERCIAL PERSONAL 32,463 N/A 32,463 32,463
L2. INDUSTRIAL PERSONAL 25,340 N/A 25,340 25,340
M. MOBILE HOMES 1,025,190 N/A 1,025,190 1,025,190
Subtotal 19,766,633 19,766,633 19,766,633
Less Total Deductions 4,198,681 4,198,681 4,198,681
Total Taxable Value 15,567,952 15,567,952 15,567,952

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
16,151,607 15,567,952 15,498,987 14,915,332


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
583,655 652,620


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
16,151,607 15,567,952 15,498,987 14,915,332

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