taxes Property Tax Assistance

2021 ISD Summary Worksheet

Gholson ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-925/Gholson ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 50,075,968 N/A 50,075,968 50,075,968
B - MULTIFAMILY 338,600 N/A 338,600 338,600
C1 - VACANT LOTS 2,099,510 N/A 2,099,510 2,099,510
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,258,718 N/A 1,258,718 1,258,718
D2 - FARM & RANCH IMP 2,027,705 N/A 2,027,705 2,027,705
E - NON-AG LAND AND IMPROVEMENTS 34,051,362 N/A 34,051,362 34,051,362
F1 - COMMERCIAL REAL 2,148,406 N/A 2,148,406 2,148,406
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,154,430 N/A 1,154,430 1,154,430
L1 - COMMERCIAL PERSONAL 700,910 N/A 700,910 700,910
L2 - INDUSTRIAL PERSONAL 479,120 N/A 479,120 479,120
M1 - MOBILE HOMES 3,166,820 N/A 3,166,820 3,166,820
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 97,501,549 0 97,501,549 97,501,549
Less Total Deductions 24,666,156 0 24,666,156 24,666,156
Total Taxable Value 72,835,393 0 72,835,393 72,835,393

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's office 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 school 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

Measure Value Description
T1 76,070,821 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 72,835,393 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 76,070,821 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 72,835,393 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 76,070,821 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 72,835,393 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 76,070,821 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 72,835,393 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,235,428 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


Back to top


161-925-02/Gholson ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 50,075,968 N/A 50,075,968 50,075,968
B - MULTIFAMILY 338,600 N/A 338,600 338,600
C1 - VACANT LOTS 2,099,510 N/A 2,099,510 2,099,510
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,258,718 N/A 1,258,718 1,258,718
D2 - FARM & RANCH IMP 2,027,705 N/A 2,027,705 2,027,705
E - NON-AG LAND AND IMPROVEMENTS 34,051,362 N/A 34,051,362 34,051,362
F1 - COMMERCIAL REAL 2,148,406 N/A 2,148,406 2,148,406
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,154,430 N/A 1,154,430 1,154,430
L1 - COMMERCIAL PERSONAL 700,910 N/A 700,910 700,910
L2 - INDUSTRIAL PERSONAL 479,120 N/A 479,120 479,120
M1 - MOBILE HOMES 3,166,820 N/A 3,166,820 3,166,820
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 97,501,549 97,501,549 97,501,549
Less Total Deductions 24,666,156 24,666,156 24,666,156
Total Taxable Value 72,835,393 72,835,393 72,835,393

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's office 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 school 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

Measure Value Description
T1 76,070,821 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 72,835,393 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 76,070,821 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 72,835,393 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 76,070,821 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 72,835,393 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 76,070,821 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 72,835,393 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,235,428 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

Back to top