taxes Property Tax Assistance

2020 ISD Summary Worksheet

161-McLennan

161-925/Gholson ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	41,768,794	1.0265	40,690,496	41,768,794
B - MULTIFAMILY	299,730	N/A	299,730	299,730
C1 - VACANT LOTS	1,910,940	N/A	1,910,940	1,910,940
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,231,717	1.1715	1,051,399	1,231,717
D2 - FARM & RANCH IMP	1,794,823	N/A	1,794,823	1,794,823
E - NON-AG LAND AND IMPROVEMENTS	30,946,366	1.0315	30,001,324	30,946,366
F1 - COMMERCIAL REAL	2,068,327	N/A	2,068,327	2,068,327
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	991,760	N/A	991,760	991,760
L1 - COMMERCIAL PERSONAL	635,990	N/A	635,990	635,990
L2 - INDUSTRIAL PERSONAL	445,030	N/A	445,030	445,030
M1 - MOBILE HOMES	2,641,640	N/A	2,641,640	2,641,640
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	84,735,117	0	82,531,459	84,735,117
Less Total Deductions	20,396,616	0	19,742,585	20,396,616
Total Taxable Value	64,338,501	0	62,788,874	64,338,501

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
67,490,948	64,338,501	67,490,948	64,338,501

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,152,447	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
67,490,948	64,338,501	67,490,948	64,338,501

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

161-925-02/Gholson ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	41,768,794	1.0265	40,690,496	41,768,794
B - MULTIFAMILY	299,730	N/A	299,730	299,730
C1 - VACANT LOTS	1,910,940	N/A	1,910,940	1,910,940
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,231,717	1.1715	1,051,399	1,231,717
D2 - FARM & RANCH IMP	1,794,823	N/A	1,794,823	1,794,823
E - NON-AG LAND AND IMPROVEMENTS	30,946,366	1.0315	30,001,324	30,946,366
F1 - COMMERCIAL REAL	2,068,327	N/A	2,068,327	2,068,327
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	991,760	N/A	991,760	991,760
L1 - COMMERCIAL PERSONAL	635,990	N/A	635,990	635,990
L2 - INDUSTRIAL PERSONAL	445,030	N/A	445,030	445,030
M1 - MOBILE HOMES	2,641,640	N/A	2,641,640	2,641,640
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	84,735,117		82,531,459	84,735,117
Less Total Deductions	20,396,616		19,742,585	20,396,616
Total Taxable Value	64,338,501		62,788,874	64,338,501

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
67,490,948	64,338,501	67,490,948	64,338,501

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,152,447	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
67,490,948	64,338,501	67,490,948	64,338,501

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