taxes Property Tax Assistance

2020 ISD Summary Worksheet

047-Comanche /Comanche County

067-904/Gorman ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	1,752,050	N/A	1,752,050	1,752,050
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	300,620	N/A	300,620	300,620
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,508,301	N/A	2,508,301	2,508,301
D2 - FARM & RANCH IMP	798,910	N/A	798,910	798,910
E - NON-AG LAND AND IMPROVEMENTS	11,082,021	N/A	11,082,021	11,082,021
F1 - COMMERCIAL REAL	4,760	N/A	4,760	4,760
F2 - INDUSTRIAL REAL	197,570	N/A	197,570	197,570
G - ALL MINERALS	58,486	N/A	58,486	58,486
J - ALL UTILITIES	3,276,000	N/A	3,276,000	3,276,000
L1 - COMMERCIAL PERSONAL	8,030	N/A	8,030	8,030
L2 - INDUSTRIAL PERSONAL	2,117,570	N/A	2,117,570	2,117,570
M1 - MOBILE HOMES	562,320	N/A	562,320	562,320
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	22,666,638	0	22,666,638	22,666,638
Less Total Deductions	3,136,254	0	3,136,254	3,136,254
Total Taxable Value	19,530,384	0	19,530,384	19,530,384

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
20,122,408	19,530,384	20,122,408	19,530,384

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
592,024	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
20,122,408	19,530,384	20,122,408	19,530,384

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

067-Eastland /Eastland County

067-904/Gorman ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	32,600,740	0.9580	34,030,000	32,600,740
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	887,080	N/A	887,080	887,080
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,899,110	0.9388	4,153,269	3,899,110
D2 - FARM & RANCH IMP	3,279,810	N/A	3,279,810	3,279,810
E - NON-AG LAND AND IMPROVEMENTS	24,980,860	0.8837	28,268,485	24,980,860
F1 - COMMERCIAL REAL	4,155,060	N/A	4,155,060	4,155,060
F2 - INDUSTRIAL REAL	1,976,320	N/A	1,976,320	1,976,320
G - ALL MINERALS	586,930	N/A	586,930	586,930
J - ALL UTILITIES	45,907,600	0.9462	48,517,861	45,907,600
L1 - COMMERCIAL PERSONAL	1,179,080	N/A	1,179,080	1,179,080
L2 - INDUSTRIAL PERSONAL	14,742,920	N/A	14,742,920	14,742,920
M1 - MOBILE HOMES	1,140,600	N/A	1,140,600	1,140,600
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	135,336,110	0	142,917,415	135,336,110
Less Total Deductions	17,571,402	0	18,177,366	17,571,402
Total Taxable Value	117,764,708	0	124,740,049	117,764,708

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
120,984,138	117,764,708	120,984,138	117,764,708

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,219,430	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
120,984,138	117,764,708	120,984,138	117,764,708

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

067-904-02/Gorman ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	34,352,790	0.9601	35,782,050	34,352,790
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,187,700	N/A	1,187,700	1,187,700
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,407,411	0.9618	6,661,570	6,407,411
D2 - FARM & RANCH IMP	4,078,720	N/A	4,078,720	4,078,720
E - NON-AG LAND AND IMPROVEMENTS	36,062,881	0.9165	39,350,506	36,062,881
F1 - COMMERCIAL REAL	4,159,820	N/A	4,159,820	4,159,820
F2 - INDUSTRIAL REAL	2,173,890	N/A	2,173,890	2,173,890
G - ALL MINERALS	645,416	N/A	645,416	645,416
J - ALL UTILITIES	49,183,600	0.9496	51,793,861	49,183,600
L1 - COMMERCIAL PERSONAL	1,187,110	N/A	1,187,110	1,187,110
L2 - INDUSTRIAL PERSONAL	16,860,490	N/A	16,860,490	16,860,490
M1 - MOBILE HOMES	1,702,920	N/A	1,702,920	1,702,920
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	158,002,748		165,584,053	158,002,748
Less Total Deductions	20,707,656		21,313,620	20,707,656
Total Taxable Value	137,295,092		144,270,433	137,295,092

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
141,106,546	137,295,092	141,106,546	137,295,092

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,811,454	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
141,106,546	137,295,092	141,106,546	137,295,092

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