taxes Property Tax Assistance

2021 ISD Summary Worksheet

087-Glasscock /Glasscock County

087-901/Glasscock County ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,813,085 N/A 3,813,085 3,813,085
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 131,713 N/A 131,713 131,713
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,875,831 N/A 18,875,831 18,875,831
D2 - FARM & RANCH IMP 5,044,261 N/A 5,044,261 5,044,261
E - NON-AG LAND AND IMPROVEMENTS 40,023,532 N/A 40,023,532 40,023,532
F1 - COMMERCIAL REAL 8,404,375 N/A 8,404,375 8,404,375
F2 - INDUSTRIAL REAL 1,059,771,900 N/A 1,059,771,900 1,059,771,900
G - ALL MINERALS 2,576,965,310 N/A 2,576,965,310 2,576,965,310
J - ALL UTILITIES 669,636,054 N/A 669,636,054 669,636,054
L1 - COMMERCIAL PERSONAL 22,321,457 N/A 22,321,457 22,321,457
L2 - INDUSTRIAL PERSONAL 116,760,140 N/A 116,760,140 116,760,140
M1 - MOBILE HOMES 1,634,316 N/A 1,634,316 1,634,316
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 4,523,381,974 0 4,523,381,974 4,523,381,974
Less Total Deductions 551,895,990 0 551,895,990 551,895,990
Total Taxable Value 3,971,485,984 0 3,971,485,984 3,971,485,984

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
3,973,753,802 3,971,485,984 3,971,000,229 3,968,732,411


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,267,818 2,753,573


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
4,509,439,902 4,507,172,084 4,506,686,329 4,504,418,511

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

087-901-02/Glasscock County ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,813,085 N/A 3,813,085 3,813,085
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 131,713 N/A 131,713 131,713
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,875,831 N/A 18,875,831 18,875,831
D2 - FARM & RANCH IMP 5,044,261 N/A 5,044,261 5,044,261
E - NON-AG LAND AND IMPROVEMENTS 40,023,532 N/A 40,023,532 40,023,532
F1 - COMMERCIAL REAL 8,404,375 N/A 8,404,375 8,404,375
F2 - INDUSTRIAL REAL 1,059,771,900 N/A 1,059,771,900 1,059,771,900
G - ALL MINERALS 2,576,965,310 N/A 2,576,965,310 2,576,965,310
J - ALL UTILITIES 669,636,054 N/A 669,636,054 669,636,054
L1 - COMMERCIAL PERSONAL 22,321,457 N/A 22,321,457 22,321,457
L2 - INDUSTRIAL PERSONAL 116,760,140 N/A 116,760,140 116,760,140
M1 - MOBILE HOMES 1,634,316 N/A 1,634,316 1,634,316
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 4,523,381,974 4,523,381,974 4,523,381,974
Less Total Deductions 551,895,990 551,895,990 551,895,990
Total Taxable Value 3,971,485,984 3,971,485,984 3,971,485,984

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
3,973,753,802 3,971,485,984 3,971,000,229 3,968,732,411


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,267,818 2,753,573


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
4,509,439,902 4,507,172,084 4,506,686,329 4,504,418,511

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