taxes Property Tax Assistance

2020 ISD Summary Worksheet

183-Panola /Panola County

183-904/Gary ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	60,848,100	N/A	60,848,100	60,848,100
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,370,790	N/A	3,370,790	3,370,790
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,263,521	N/A	6,263,521	6,263,521
D2 - FARM & RANCH IMP	3,116,850	N/A	3,116,850	3,116,850
E - NON-AG LAND AND IMPROVEMENTS	20,752,150	N/A	20,752,150	20,752,150
F1 - COMMERCIAL REAL	1,541,240	N/A	1,541,240	1,541,240
F2 - INDUSTRIAL REAL	44,600	N/A	44,600	44,600
G - ALL MINERALS	35,272,490	N/A	35,272,490	35,272,490
J - ALL UTILITIES	25,705,880	N/A	25,705,880	25,705,880
L1 - COMMERCIAL PERSONAL	818,420	N/A	818,420	818,420
L2 - INDUSTRIAL PERSONAL	5,930,670	N/A	5,930,670	5,930,670
M1 - MOBILE HOMES	4,996,010	N/A	4,996,010	4,996,010
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	168,660,721	0	168,660,721	168,660,721
Less Total Deductions	29,647,266	0	29,647,266	29,647,266
Total Taxable Value	139,013,455	0	139,013,455	139,013,455

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
143,865,665	139,013,455	138,182,180	133,329,970

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,852,210	5,683,485

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
143,865,665	139,013,455	138,182,180	133,329,970

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

183-904-02/Gary ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	60,848,100	N/A	60,848,100	60,848,100
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,370,790	N/A	3,370,790	3,370,790
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,263,521	N/A	6,263,521	6,263,521
D2 - FARM & RANCH IMP	3,116,850	N/A	3,116,850	3,116,850
E - NON-AG LAND AND IMPROVEMENTS	20,752,150	N/A	20,752,150	20,752,150
F1 - COMMERCIAL REAL	1,541,240	N/A	1,541,240	1,541,240
F2 - INDUSTRIAL REAL	44,600	N/A	44,600	44,600
G - ALL MINERALS	35,272,490	N/A	35,272,490	35,272,490
J - ALL UTILITIES	25,705,880	N/A	25,705,880	25,705,880
L1 - COMMERCIAL PERSONAL	818,420	N/A	818,420	818,420
L2 - INDUSTRIAL PERSONAL	5,930,670	N/A	5,930,670	5,930,670
M1 - MOBILE HOMES	4,996,010	N/A	4,996,010	4,996,010
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	168,660,721		168,660,721	168,660,721
Less Total Deductions	29,647,266		29,647,266	29,647,266
Total Taxable Value	139,013,455		139,013,455	139,013,455

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
143,865,665	139,013,455	138,182,180	133,329,970

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,852,210	5,683,485

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
143,865,665	139,013,455	138,182,180	133,329,970

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