taxes Property Tax Assistance

2020 ISD Summary Worksheet

166-Milam

166-902/Gause ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 14,669,091 N/A 14,669,091 14,669,091
B - MULTIFAMILY 18,460 N/A 18,460 18,460
C1 - VACANT LOTS 201,390 N/A 201,390 201,390
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,013,913 N/A 3,013,913 3,013,913
D2 - FARM & RANCH IMP 2,652,580 N/A 2,652,580 2,652,580
E - NON-AG LAND AND IMPROVEMENTS 53,140,851 N/A 53,140,851 53,140,851
F1 - COMMERCIAL REAL 1,207,470 N/A 1,207,470 1,207,470
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 131,870,242 N/A 131,870,242 131,870,242
J - ALL UTILITIES 8,139,770 N/A 8,139,770 8,139,770
L1 - COMMERCIAL PERSONAL 726,050 N/A 726,050 726,050
L2 - INDUSTRIAL PERSONAL 1,171,480 N/A 1,171,480 1,171,480
M1 - MOBILE HOMES 2,212,700 N/A 2,212,700 2,212,700
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 219,023,997 0 219,023,997 219,023,997
Less Total Deductions 17,907,833 0 17,907,833 17,907,833
Total Taxable Value 201,116,164 0 201,116,164 201,116,164

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
203,386,900 201,116,164 203,386,900 201,116,164


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,270,736 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
203,386,900 201,116,164 203,386,900 201,116,164

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

166-902-02/Gause ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 14,669,091 N/A 14,669,091 14,669,091
B - MULTIFAMILY 18,460 N/A 18,460 18,460
C1 - VACANT LOTS 201,390 N/A 201,390 201,390
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,013,913 N/A 3,013,913 3,013,913
D2 - FARM & RANCH IMP 2,652,580 N/A 2,652,580 2,652,580
E - NON-AG LAND AND IMPROVEMENTS 53,140,851 N/A 53,140,851 53,140,851
F1 - COMMERCIAL REAL 1,207,470 N/A 1,207,470 1,207,470
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 131,870,242 N/A 131,870,242 131,870,242
J - ALL UTILITIES 8,139,770 N/A 8,139,770 8,139,770
L1 - COMMERCIAL PERSONAL 726,050 N/A 726,050 726,050
L2 - INDUSTRIAL PERSONAL 1,171,480 N/A 1,171,480 1,171,480
M1 - MOBILE HOMES 2,212,700 N/A 2,212,700 2,212,700
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 219,023,997 219,023,997 219,023,997
Less Total Deductions 17,907,833 17,907,833 17,907,833
Total Taxable Value 201,116,164 201,116,164 201,116,164

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
203,386,900 201,116,164 203,386,900 201,116,164


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,270,736 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
203,386,900 201,116,164 203,386,900 201,116,164

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