taxes Property Tax Assistance

2019 ISD Summary Worksheet

230-Upshur

230-902/Gilmer ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 447,166,793 N/A 447,166,793 447,166,793
B. MULTIFAMILY RESIDENCES 12,590,280 N/A 12,590,280 12,590,280
C1. VACANT LOTS 9,391,636 N/A 9,391,636 9,391,636
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,307,156 N/A 16,307,156 16,307,156
D2. REAL PROP:FARM & RANCH 6,952,763 N/A 6,952,763 6,952,763
E. REAL PROP NONQUAL ACREAGE 298,694,986 N/A 298,694,986 298,694,986
F1. COMMERCIAL REAL 107,558,814 N/A 107,558,814 107,558,814
F2. INDUSTRIAL REAL 16,715,685 N/A 16,715,685 16,715,685
G. OIL,GAS,MINERALS 54,642,366 N/A 54,642,366 54,642,366
J. UTILITIES 39,666,030 N/A 39,666,030 39,666,030
L1. COMMERCIAL PERSONAL 32,726,812 N/A 32,726,812 32,726,812
L2. INDUSTRIAL PERSONAL 53,499,660 N/A 53,499,660 53,499,660
M. MOBILE HOMES 10,876,500 N/A 10,876,500 10,876,500
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 173,570 N/A 173,570 173,570
S. SPECIAL INVENTORY 1,847,810 N/A 1,847,810 1,847,810
Subtotal 1,108,810,861 0 1,108,810,861 1,108,810,861
Less Total Deductions 214,635,914 0 214,635,914 214,635,914
Total Taxable Value 894,174,947 0 894,174,947 894,174,947

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
930,792,221 894,174,947 930,792,221 894,174,947


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
36,617,274 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
930,792,221 894,174,947 930,792,221 894,174,947

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

230-902-02/Gilmer ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 447,166,793 N/A 447,166,793 447,166,793
B. MULTIFAMILY RESIDENCES 12,590,280 N/A 12,590,280 12,590,280
C1. VACANT LOTS 9,391,636 N/A 9,391,636 9,391,636
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,307,156 N/A 16,307,156 16,307,156
D2. REAL PROP:FARM & RANCH 6,952,763 N/A 6,952,763 6,952,763
E. REAL PROP NONQUAL ACREAGE 298,694,986 N/A 298,694,986 298,694,986
F1. COMMERCIAL REAL 107,558,814 N/A 107,558,814 107,558,814
F2. INDUSTRIAL REAL 16,715,685 N/A 16,715,685 16,715,685
G. OIL,GAS,MINERALS 54,642,366 N/A 54,642,366 54,642,366
J. UTILITIES 39,666,030 N/A 39,666,030 39,666,030
L1. COMMERCIAL PERSONAL 32,726,812 N/A 32,726,812 32,726,812
L2. INDUSTRIAL PERSONAL 53,499,660 N/A 53,499,660 53,499,660
M. MOBILE HOMES 10,876,500 N/A 10,876,500 10,876,500
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 173,570 N/A 173,570 173,570
S. SPECIAL INVENTORY 1,847,810 N/A 1,847,810 1,847,810
Subtotal 1,108,810,861 1,108,810,861 1,108,810,861
Less Total Deductions 214,635,914 214,635,914 214,635,914
Total Taxable Value 894,174,947 894,174,947 894,174,947

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
930,792,221 894,174,947 930,792,221 894,174,947


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
36,617,274 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
930,792,221 894,174,947 930,792,221 894,174,947

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