taxes Property Tax Assistance

2019 ISD Summary Worksheet

220-Tarrant

126-911/Godley ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 85,609,595 1.0319 82,963,073 85,609,595
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 341,453 N/A 341,453 341,453
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 563,761 3.7376 150,834 563,761
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 780,350 N/A 780,350 780,350
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 8,567,240 1.0041 8,532,258 8,567,240
J. UTILITIES 3,713,940 N/A 3,713,940 3,713,940
L1. COMMERCIAL PERSONAL 47,739 N/A 47,739 47,739
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 0 N/A 0 0
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 99,624,078 0 96,529,647 99,624,078
Less Total Deductions 14,924,957 0 14,349,194 14,924,957
Total Taxable Value 84,699,121 0 82,180,453 84,699,121

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
86,719,121 84,699,121 86,719,121 84,699,121


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,020,000 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
86,719,121 84,699,121 86,719,121 84,699,121

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 85,609,595 1.0319 82,963,073 85,609,595
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 341,453 N/A 341,453 341,453
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 563,761 3.7376 150,834 563,761
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 780,350 N/A 780,350 780,350
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 8,567,240 1.0041 8,532,258 8,567,240
J. UTILITIES 3,713,940 N/A 3,713,940 3,713,940
L1. COMMERCIAL PERSONAL 47,739 N/A 47,739 47,739
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 0 N/A 0 0
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 99,624,078 96,529,647 99,624,078
Less Total Deductions 14,924,957 14,349,194 14,924,957
Total Taxable Value 84,699,121 82,180,453 84,699,121

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
86,719,121 84,699,121 86,719,121 84,699,121


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,020,000 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
86,719,121 84,699,121 86,719,121 84,699,121

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