taxes Property Tax Assistance

2020 ISD Summary Worksheet

049-Cooke

049-901/Gainesville ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 663,951,709 0.9615 690,537,399 663,951,709
B - MULTIFAMILY 51,013,915 N/A 51,013,915 51,013,915
C1 - VACANT LOTS 20,760,769 N/A 20,760,769 20,760,769
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,402,960 1.5354 2,867,546 4,402,960
D2 - FARM & RANCH IMP 11,713,832 N/A 11,713,832 11,713,832
E - NON-AG LAND AND IMPROVEMENTS 103,302,201 0.9467 109,118,201 103,302,201
F1 - COMMERCIAL REAL 302,560,840 0.9260 326,739,568 302,560,840
F2 - INDUSTRIAL REAL 35,140,693 N/A 35,140,693 35,140,693
G - ALL MINERALS 18,038,550 N/A 18,038,550 18,038,550
J - ALL UTILITIES 58,390,251 N/A 58,390,251 58,390,251
L1 - COMMERCIAL PERSONAL 116,470,308 1.0012 116,330,711 116,470,308
L2 - INDUSTRIAL PERSONAL 150,894,413 N/A 150,894,413 150,894,413
M1 - MOBILE HOMES 4,224,055 N/A 4,224,055 4,224,055
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,274,148 N/A 1,274,148 1,274,148
S - SPECIAL INVENTORY 10,267,523 N/A 10,267,523 10,267,523
Subtotal 1,552,406,167 0 1,607,311,574 1,552,406,167
Less Total Deductions 187,453,676 0 196,871,810 187,453,676
Total Taxable Value 1,364,952,491 0 1,410,439,764 1,364,952,491

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
1,396,341,191 1,364,952,491 1,396,341,191 1,364,952,491


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,388,700 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
1,396,341,191 1,364,952,491 1,396,341,191 1,364,952,491

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

049-901-02/Gainesville ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 663,951,709 0.9615 690,537,399 663,951,709
B - MULTIFAMILY 51,013,915 N/A 51,013,915 51,013,915
C1 - VACANT LOTS 20,760,769 N/A 20,760,769 20,760,769
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,402,960 1.5354 2,867,546 4,402,960
D2 - FARM & RANCH IMP 11,713,832 N/A 11,713,832 11,713,832
E - NON-AG LAND AND IMPROVEMENTS 103,302,201 0.9467 109,118,201 103,302,201
F1 - COMMERCIAL REAL 302,560,840 0.9260 326,739,568 302,560,840
F2 - INDUSTRIAL REAL 35,140,693 N/A 35,140,693 35,140,693
G - ALL MINERALS 18,038,550 N/A 18,038,550 18,038,550
J - ALL UTILITIES 58,390,251 N/A 58,390,251 58,390,251
L1 - COMMERCIAL PERSONAL 116,470,308 1.0012 116,330,711 116,470,308
L2 - INDUSTRIAL PERSONAL 150,894,413 N/A 150,894,413 150,894,413
M1 - MOBILE HOMES 4,224,055 N/A 4,224,055 4,224,055
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,274,148 N/A 1,274,148 1,274,148
S - SPECIAL INVENTORY 10,267,523 N/A 10,267,523 10,267,523
Subtotal 1,552,406,167 1,607,311,574 1,552,406,167
Less Total Deductions 187,453,676 196,871,810 187,453,676
Total Taxable Value 1,364,952,491 1,410,439,764 1,364,952,491

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
1,396,341,191 1,364,952,491 1,396,341,191 1,364,952,491


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
31,388,700 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
1,396,341,191 1,364,952,491 1,396,341,191 1,364,952,491

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