taxes Property Tax Assistance

2020 ISD Summary Worksheet

057-Dallas

057-909/Garland ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 17,801,539,647 0.9885 18,008,638,995 17,801,539,647
B - MULTIFAMILY 2,026,139,080 0.9468 2,139,986,354 2,026,139,080
C1 - VACANT LOTS 438,414,950 0.8635 507,718,529 438,414,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 357,396 1.0951 326,354 357,396
D2 - FARM & RANCH IMP 756,120 N/A 756,120 756,120
E - NON-AG LAND AND IMPROVEMENTS 3,133,140 N/A 3,133,140 3,133,140
F1 - COMMERCIAL REAL 3,665,535,740 0.8242 4,447,386,241 3,665,535,740
F2 - INDUSTRIAL REAL 184,213,440 N/A 184,213,440 184,213,440
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 234,222,390 N/A 234,222,390 234,222,390
L1 - COMMERCIAL PERSONAL 1,283,978,020 1.0162 1,263,509,171 1,283,978,020
L2 - INDUSTRIAL PERSONAL 1,013,535,780 N/A 1,013,535,780 1,013,535,780
M1 - MOBILE HOMES 5,796,310 N/A 5,796,310 5,796,310
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 170,100 N/A 170,100 170,100
S - SPECIAL INVENTORY 45,025,440 N/A 45,025,440 45,025,440
Subtotal 26,702,817,553 0 27,854,418,364 26,702,817,553
Less Total Deductions 4,259,650,790 0 4,317,436,074 4,259,650,790
Total Taxable Value 22,443,166,763 0 23,536,982,290 22,443,166,763

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
22,994,049,984 22,443,166,763 22,994,049,984 22,443,166,763


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
550,883,221 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
22,994,049,984 22,443,166,763 22,994,049,984 22,443,166,763

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

057-909-02/Garland ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 17,801,539,647 0.9885 18,008,638,995 17,801,539,647
B - MULTIFAMILY 2,026,139,080 0.9468 2,139,986,354 2,026,139,080
C1 - VACANT LOTS 438,414,950 0.8635 507,718,529 438,414,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 357,396 1.0951 326,354 357,396
D2 - FARM & RANCH IMP 756,120 N/A 756,120 756,120
E - NON-AG LAND AND IMPROVEMENTS 3,133,140 N/A 3,133,140 3,133,140
F1 - COMMERCIAL REAL 3,665,535,740 0.8242 4,447,386,241 3,665,535,740
F2 - INDUSTRIAL REAL 184,213,440 N/A 184,213,440 184,213,440
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 234,222,390 N/A 234,222,390 234,222,390
L1 - COMMERCIAL PERSONAL 1,283,978,020 1.0162 1,263,509,171 1,283,978,020
L2 - INDUSTRIAL PERSONAL 1,013,535,780 N/A 1,013,535,780 1,013,535,780
M1 - MOBILE HOMES 5,796,310 N/A 5,796,310 5,796,310
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 170,100 N/A 170,100 170,100
S - SPECIAL INVENTORY 45,025,440 N/A 45,025,440 45,025,440
Subtotal 26,702,817,553 27,854,418,364 26,702,817,553
Less Total Deductions 4,259,650,790 4,317,436,074 4,259,650,790
Total Taxable Value 22,443,166,763 23,536,982,290 22,443,166,763

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
22,994,049,984 22,443,166,763 22,994,049,984 22,443,166,763


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
550,883,221 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
22,994,049,984 22,443,166,763 22,994,049,984 22,443,166,763

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