taxes Property Tax Assistance

2020 ISD Summary Worksheet

111-Hood /Hood County

213-901/Glen Rose ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	6,375,560	N/A	6,375,560	6,375,560
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,254,770	N/A	3,254,770	3,254,770
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	994,150	N/A	994,150	994,150
D2 - FARM & RANCH IMP	74,370	N/A	74,370	74,370
E - NON-AG LAND AND IMPROVEMENTS	6,872,180	N/A	6,872,180	6,872,180
F1 - COMMERCIAL REAL	203,500	N/A	203,500	203,500
F2 - INDUSTRIAL REAL	27,992,730	N/A	27,992,730	27,992,730
G - ALL MINERALS	4,108,940	N/A	4,108,940	4,108,940
J - ALL UTILITIES	16,299,570	N/A	16,299,570	16,299,570
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	11,737,080	N/A	11,737,080	11,737,080
M1 - MOBILE HOMES	168,880	N/A	168,880	168,880
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	78,081,730	0	78,081,730	78,081,730
Less Total Deductions	1,401,538	0	1,401,538	1,401,538
Total Taxable Value	76,680,192	0	76,680,192	76,680,192

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
76,830,846	76,680,192	76,261,421	76,110,767

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
150,654	569,425

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
76,830,846	76,680,192	76,261,421	76,110,767

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

213-Somervell /Somervell County

213-901/Glen Rose ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	394,149,659	0.9487	415,462,906	394,149,659
B - MULTIFAMILY	5,737,914	N/A	5,737,914	5,737,914
C1 - VACANT LOTS	17,239,650	N/A	17,239,650	17,239,650
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,399,668	1.0218	6,262,885	6,399,668
D2 - FARM & RANCH IMP	536,990	N/A	536,990	536,990
E - NON-AG LAND AND IMPROVEMENTS	254,039,943	0.9246	274,756,590	254,039,943
F1 - COMMERCIAL REAL	76,449,314	0.9197	83,124,186	76,449,314
F2 - INDUSTRIAL REAL	11,708,792	N/A	11,708,792	11,708,792
G - ALL MINERALS	6,369,090	N/A	6,369,090	6,369,090
J - ALL UTILITIES	81,343,240	0.9317	87,306,257	81,343,240
L1 - COMMERCIAL PERSONAL	20,658,500	N/A	20,658,500	20,658,500
L2 - INDUSTRIAL PERSONAL	2,298,401,730	N/A	2,298,401,730	2,298,401,730
M1 - MOBILE HOMES	4,135,740	N/A	4,135,740	4,135,740
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,921,640	N/A	2,921,640	2,921,640
S - SPECIAL INVENTORY	89,465	N/A	89,465	89,465
Subtotal	3,180,181,335	0	3,234,712,335	3,180,181,335
Less Total Deductions	157,993,757	0	167,474,652	157,993,757
Total Taxable Value	3,022,187,578	0	3,067,237,683	3,022,187,578

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
3,043,192,866	3,022,187,578	2,998,466,317	2,977,461,029

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
21,005,288	44,726,549

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
3,043,192,866	3,022,187,578	2,998,466,317	2,977,461,029

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

213-901-02/Glen Rose ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	400,525,219	0.9495	421,838,466	400,525,219
B - MULTIFAMILY	5,737,914	N/A	5,737,914	5,737,914
C1 - VACANT LOTS	20,494,420	N/A	20,494,420	20,494,420
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,393,818	1.0188	7,257,035	7,393,818
D2 - FARM & RANCH IMP	611,360	N/A	611,360	611,360
E - NON-AG LAND AND IMPROVEMENTS	260,912,123	0.9264	281,628,770	260,912,123
F1 - COMMERCIAL REAL	76,652,814	0.9199	83,327,686	76,652,814
F2 - INDUSTRIAL REAL	39,701,522	N/A	39,701,522	39,701,522
G - ALL MINERALS	10,478,030	N/A	10,478,030	10,478,030
J - ALL UTILITIES	97,642,810	0.9424	103,605,827	97,642,810
L1 - COMMERCIAL PERSONAL	20,658,500	N/A	20,658,500	20,658,500
L2 - INDUSTRIAL PERSONAL	2,310,138,810	N/A	2,310,138,810	2,310,138,810
M1 - MOBILE HOMES	4,304,620	N/A	4,304,620	4,304,620
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,921,640	N/A	2,921,640	2,921,640
S - SPECIAL INVENTORY	89,465	N/A	89,465	89,465
Subtotal	3,258,263,065		3,312,794,065	3,258,263,065
Less Total Deductions	159,395,295		168,876,190	159,395,295
Total Taxable Value	3,098,867,770		3,143,917,875	3,098,867,770

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
3,120,023,712	3,098,867,770	3,074,727,738	3,053,571,796

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
21,155,942	45,295,974

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
3,120,023,712	3,098,867,770	3,074,727,738	3,053,571,796

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