taxes Property Tax Assistance

2021 ISD Summary Worksheet

166-Milam /Milam County

166-902/Gause ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	16,075,601	1.0280	15,637,744	16,075,601
B - MULTIFAMILY	19,560	N/A	19,560	19,560
C1 - VACANT LOTS	288,320	N/A	288,320	288,320
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,141,550	1.1036	2,846,636	3,141,550
D2 - FARM & RANCH IMP	2,808,700	N/A	2,808,700	2,808,700
E - NON-AG LAND AND IMPROVEMENTS	59,157,580	0.8362	70,745,731	59,157,580
F1 - COMMERCIAL REAL	1,184,800	N/A	1,184,800	1,184,800
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	114,565,310	1.2227	93,698,626	114,565,310
J - ALL UTILITIES	8,440,850	N/A	8,440,850	8,440,850
L1 - COMMERCIAL PERSONAL	704,360	N/A	704,360	704,360
L2 - INDUSTRIAL PERSONAL	1,075,750	N/A	1,075,750	1,075,750
M1 - MOBILE HOMES	2,220,850	N/A	2,220,850	2,220,850
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	209,683,231	0	199,671,927	209,683,231
Less Total Deductions	17,505,839	0	16,900,318	17,505,839
Total Taxable Value	192,177,392	0	182,771,609	192,177,392

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
194,446,481	192,177,392	194,446,481	192,177,392

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,269,089	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
194,446,481	192,177,392	194,446,481	192,177,392

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	16,075,601	1.0280	15,637,744	16,075,601
B - MULTIFAMILY	19,560	N/A	19,560	19,560
C1 - VACANT LOTS	288,320	N/A	288,320	288,320
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,141,550	1.1036	2,846,636	3,141,550
D2 - FARM & RANCH IMP	2,808,700	N/A	2,808,700	2,808,700
E - NON-AG LAND AND IMPROVEMENTS	59,157,580	0.8362	70,745,731	59,157,580
F1 - COMMERCIAL REAL	1,184,800	N/A	1,184,800	1,184,800
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	114,565,310	1.2227	93,698,626	114,565,310
J - ALL UTILITIES	8,440,850	N/A	8,440,850	8,440,850
L1 - COMMERCIAL PERSONAL	704,360	N/A	704,360	704,360
L2 - INDUSTRIAL PERSONAL	1,075,750	N/A	1,075,750	1,075,750
M1 - MOBILE HOMES	2,220,850	N/A	2,220,850	2,220,850
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	209,683,231		199,671,927	209,683,231
Less Total Deductions	17,505,839		16,900,318	17,505,839
Total Taxable Value	192,177,392		182,771,609	192,177,392

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
194,446,481	192,177,392	194,446,481	192,177,392

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,269,089	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
194,446,481	192,177,392	194,446,481	192,177,392

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