taxes Property Tax Assistance

2022 ISD Summary Worksheet

049-Cooke/Cooke County

049-901/Gainesville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,012,026,528	0.9986	1,013,445,351	1,012,026,528
B - MULTIFAMILY	65,104,741	N/A	65,104,741	65,104,741
C1 - VACANT LOTS	27,453,990	N/A	27,453,990	27,453,990
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,730,582	1.1793	4,011,478	4,730,582
D2 - FARM & RANCH IMP	13,661,887	N/A	13,661,887	13,661,887
E - NON-AG LAND AND IMPROVEMENTS	157,101,193	0.9288	169,144,265	157,101,193
F1 - COMMERCIAL REAL	359,805,549	0.9731	369,751,874	359,805,549
F2 - INDUSTRIAL REAL	61,617,358	N/A	61,617,358	61,617,358
G - ALL MINERALS	23,762,400	N/A	23,762,400	23,762,400
J - ALL UTILITIES	64,268,496	N/A	64,268,496	64,268,496
L1 - COMMERCIAL PERSONAL	125,521,171	1.0354	121,229,642	125,521,171
L2 - INDUSTRIAL PERSONAL	140,758,761	N/A	140,758,761	140,758,761
M1 - MOBILE HOMES	7,982,043	N/A	7,982,043	7,982,043
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,263,832	N/A	2,263,832	2,263,832
S - SPECIAL INVENTORY	9,346,929	N/A	9,346,929	9,346,929
Subtotal	2,075,405,460	0	2,093,803,047	2,075,405,460
Less Total Deductions	379,302,432	0	379,904,272	379,302,432
Total Taxable Value	1,696,103,028	0	1,713,898,775	1,696,103,028

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	T13
1,743,556,482	1,696,103,028	1,743,556,482	1,696,103,028	1,778,896,482

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
47,453,454	0	35,340,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,743,556,482	1,696,103,028	1,743,556,482	1,696,103,028	1,778,896,482

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

049-901-02/Gainesville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,012,026,528	0.9986	1,013,445,351	1,012,026,528
B - MULTIFAMILY	65,104,741	N/A	65,104,741	65,104,741
C1 - VACANT LOTS	27,453,990	N/A	27,453,990	27,453,990
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,730,582	1.1793	4,011,478	4,730,582
D2 - FARM & RANCH IMP	13,661,887	N/A	13,661,887	13,661,887
E - NON-AG LAND AND IMPROVEMENTS	157,101,193	0.9288	169,144,265	157,101,193
F1 - COMMERCIAL REAL	359,805,549	0.9731	369,751,874	359,805,549
F2 - INDUSTRIAL REAL	61,617,358	N/A	61,617,358	61,617,358
G - ALL MINERALS	23,762,400	N/A	23,762,400	23,762,400
J - ALL UTILITIES	64,268,496	N/A	64,268,496	64,268,496
L1 - COMMERCIAL PERSONAL	125,521,171	1.0354	121,229,642	125,521,171
L2 - INDUSTRIAL PERSONAL	140,758,761	N/A	140,758,761	140,758,761
M1 - MOBILE HOMES	7,982,043	N/A	7,982,043	7,982,043
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,263,832	N/A	2,263,832	2,263,832
S - SPECIAL INVENTORY	9,346,929	N/A	9,346,929	9,346,929
Subtotal	2,075,405,460		2,093,803,047	2,075,405,460
Less Total Deductions	379,302,432		379,904,272	379,302,432
Total Taxable Value	1,696,103,028		1,713,898,775	1,696,103,028

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	T13
1,743,556,482	1,696,103,028	1,743,556,482	1,696,103,028	1,778,896,482

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
47,453,454	0	35,340,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,743,556,482	1,696,103,028	1,743,556,482	1,696,103,028	1,778,896,482

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement