taxes Property Tax Assistance

2021 ISD Summary Worksheet

092-Gregg /Gregg County

092-901/Gladewater ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	150,106,452	0.9368	160,233,190	150,106,452
B - MULTIFAMILY	7,750,060	N/A	7,750,060	7,750,060
C1 - VACANT LOTS	2,799,003	N/A	2,799,003	2,799,003
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,744,523	0.9337	1,868,450	1,744,523
D2 - FARM & RANCH IMP	356,800	N/A	356,800	356,800
E - NON-AG LAND AND IMPROVEMENTS	38,881,587	0.7706	50,456,251	38,881,587
F1 - COMMERCIAL REAL	41,724,753	0.8086	51,601,228	41,724,753
F2 - INDUSTRIAL REAL	4,817,340	N/A	4,817,340	4,817,340
G - ALL MINERALS	24,798,566	1.0005	24,786,173	24,798,566
J - ALL UTILITIES	26,549,300	0.9512	27,911,375	26,549,300
L1 - COMMERCIAL PERSONAL	19,655,620	1.1136	17,650,521	19,655,620
L2 - INDUSTRIAL PERSONAL	9,172,950	N/A	9,172,950	9,172,950
M1 - MOBILE HOMES	1,144,090	N/A	1,144,090	1,144,090
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	3,699,130	N/A	3,699,130	3,699,130
Subtotal	333,200,174	0	364,246,561	333,200,174
Less Total Deductions	52,386,276	0	55,932,780	52,386,276
Total Taxable Value	280,813,898	0	308,313,781	280,813,898

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
289,767,580	280,813,898	278,699,668	269,745,986

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,953,682	11,067,912

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
289,767,580	280,813,898	278,699,668	269,745,986

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

212-Smith /Smith County

092-901/Gladewater ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	59,277,465	0.9147	64,805,362	59,277,465
B - MULTIFAMILY	203,034	N/A	203,034	203,034
C1 - VACANT LOTS	4,002,617	N/A	4,002,617	4,002,617
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,055,407	1.0880	3,727,357	4,055,407
D2 - FARM & RANCH IMP	6,050,630	N/A	6,050,630	6,050,630
E - NON-AG LAND AND IMPROVEMENTS	58,562,386	0.9806	59,720,973	58,562,386
F1 - COMMERCIAL REAL	3,111,079	0.9988	3,114,817	3,111,079
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	2,445,458	N/A	2,445,458	2,445,458
J - ALL UTILITIES	15,371,889	0.9004	17,072,289	15,371,889
L1 - COMMERCIAL PERSONAL	5,445,631	N/A	5,445,631	5,445,631
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	2,577,790	N/A	2,577,790	2,577,790
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	198,721	N/A	198,721	198,721
S - SPECIAL INVENTORY	2,917	N/A	2,917	2,917
Subtotal	161,305,024	0	169,367,596	161,305,024
Less Total Deductions	39,097,371	0	42,693,133	39,097,371
Total Taxable Value	122,207,653	0	126,674,463	122,207,653

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
127,532,993	122,207,653	119,027,598	113,702,258

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,325,340	8,505,395

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
127,532,993	122,207,653	119,027,598	113,702,258

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

230-Upshur /Upshur County

092-901/Gladewater ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	106,812,962	N/A	106,812,962	106,812,962
B - MULTIFAMILY	1,417,210	N/A	1,417,210	1,417,210
C1 - VACANT LOTS	1,970,250	N/A	1,970,250	1,970,250
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,459,650	N/A	1,459,650	1,459,650
D2 - FARM & RANCH IMP	4,246,313	N/A	4,246,313	4,246,313
E - NON-AG LAND AND IMPROVEMENTS	44,526,187	N/A	44,526,187	44,526,187
F1 - COMMERCIAL REAL	4,448,503	N/A	4,448,503	4,448,503
F2 - INDUSTRIAL REAL	148,280	N/A	148,280	148,280
G - ALL MINERALS	22,680,616	N/A	22,680,616	22,680,616
J - ALL UTILITIES	9,829,890	N/A	9,829,890	9,829,890
L1 - COMMERCIAL PERSONAL	1,878,206	N/A	1,878,206	1,878,206
L2 - INDUSTRIAL PERSONAL	1,181,260	N/A	1,181,260	1,181,260
M1 - MOBILE HOMES	1,378,130	N/A	1,378,130	1,378,130
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	201,977,457	0	201,977,457	201,977,457
Less Total Deductions	43,284,165	0	43,284,165	43,284,165
Total Taxable Value	158,693,292	0	158,693,292	158,693,292

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
166,487,364	158,693,292	156,861,976	149,067,904

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,794,072	9,625,388

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
166,487,364	158,693,292	156,861,976	149,067,904

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

092-901-02/Gladewater ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	316,196,879	0.9528	331,851,514	316,196,879
B - MULTIFAMILY	9,370,304	N/A	9,370,304	9,370,304
C1 - VACANT LOTS	8,771,870	N/A	8,771,870	8,771,870
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,259,580	1.0289	7,055,457	7,259,580
D2 - FARM & RANCH IMP	10,653,743	N/A	10,653,743	10,653,743
E - NON-AG LAND AND IMPROVEMENTS	141,970,160	0.9177	154,703,411	141,970,160
F1 - COMMERCIAL REAL	49,284,335	0.8330	59,164,548	49,284,335
F2 - INDUSTRIAL REAL	4,965,620	N/A	4,965,620	4,965,620
G - ALL MINERALS	49,924,640	1.0002	49,912,247	49,924,640
J - ALL UTILITIES	51,751,079	0.9441	54,813,554	51,751,079
L1 - COMMERCIAL PERSONAL	26,979,457	1.0803	24,974,358	26,979,457
L2 - INDUSTRIAL PERSONAL	10,354,210	N/A	10,354,210	10,354,210
M1 - MOBILE HOMES	5,100,010	N/A	5,100,010	5,100,010
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	198,721	N/A	198,721	198,721
S - SPECIAL INVENTORY	3,702,047	N/A	3,702,047	3,702,047
Subtotal	696,482,655		735,591,614	696,482,655
Less Total Deductions	134,767,812		141,910,078	134,767,812
Total Taxable Value	561,714,843		593,681,536	561,714,843

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
583,787,937	561,714,843	554,589,242	532,516,148

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
22,073,094	29,198,695

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
583,787,937	561,714,843	554,589,242	532,516,148

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