taxes Property Tax Assistance

2019 ISD Summary Worksheet

230-Upshur

092-901/Gladewater ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 106,834,104 N/A 106,834,104 106,834,104
B. MULTIFAMILY RESIDENCES 919,560 N/A 919,560 919,560
C1. VACANT LOTS 1,846,166 N/A 1,846,166 1,846,166
D1. QUALIFIED AG LAND 1,688,166 N/A 1,688,166 1,688,166
D2. REAL PROP:FARM & RANCH 944,812 N/A 944,812 944,812
E. REAL PROP NONQUAL ACREAGE 41,901,528 N/A 41,901,528 41,901,528
F1. COMMERCIAL REAL 4,229,660 N/A 4,229,660 4,229,660
F2. INDUSTRIAL REAL 144,780 N/A 144,780 144,780
G. OIL,GAS,MINERALS 10,543,315 N/A 10,543,315 10,543,315
J. UTILITIES 9,026,550 N/A 9,026,550 9,026,550
L1. COMMERCIAL PERSONAL 1,757,196 N/A 1,757,196 1,757,196
L2. INDUSTRIAL PERSONAL 1,511,290 N/A 1,511,290 1,511,290
M. MOBILE HOMES 1,205,110 N/A 1,205,110 1,205,110
Subtotal 182,552,237 0 182,552,237 182,552,237
Less Total Deductions 45,205,885 0 45,205,885 45,205,885
Total Taxable Value 137,346,352 0 137,346,352 137,346,352

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
145,477,467 137,346,352 135,622,394 127,491,279


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,131,115 9,855,073


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
145,477,467 137,346,352 135,622,394 127,491,279

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

092-901-02/Gladewater ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 106,834,104 N/A 106,834,104 106,834,104
B. MULTIFAMILY RESIDENCES 919,560 N/A 919,560 919,560
C1. VACANT LOTS 1,846,166 N/A 1,846,166 1,846,166
D1. QUALIFIED AG LAND 1,688,166 N/A 1,688,166 1,688,166
D2. REAL PROP:FARM & RANCH 944,812 N/A 944,812 944,812
E. REAL PROP NONQUAL ACREAGE 41,901,528 N/A 41,901,528 41,901,528
F1. COMMERCIAL REAL 4,229,660 N/A 4,229,660 4,229,660
F2. INDUSTRIAL REAL 144,780 N/A 144,780 144,780
G. OIL,GAS,MINERALS 10,543,315 N/A 10,543,315 10,543,315
J. UTILITIES 9,026,550 N/A 9,026,550 9,026,550
L1. COMMERCIAL PERSONAL 1,757,196 N/A 1,757,196 1,757,196
L2. INDUSTRIAL PERSONAL 1,511,290 N/A 1,511,290 1,511,290
M. MOBILE HOMES 1,205,110 N/A 1,205,110 1,205,110
Subtotal 182,552,237 182,552,237 182,552,237
Less Total Deductions 45,205,885 45,205,885 45,205,885
Total Taxable Value 137,346,352 137,346,352 137,346,352

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
145,477,467 137,346,352 135,622,394 127,491,279


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,131,115 9,855,073


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
145,477,467 137,346,352 135,622,394 127,491,279

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