taxes Property Tax Assistance

2022 ISD Summary Worksheet

Gholson ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-925/Gholson ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 72,236,910 1.0637 67,910,981 72,236,910
B - MULTIFAMILY 385,167 N/A 385,167 385,167
C1 - VACANT LOTS 2,376,480 N/A 2,376,480 2,376,480
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,280,288 1.1315 1,131,544 1,280,288
D2 - FARM & RANCH IMP 2,725,812 N/A 2,725,812 2,725,812
E - NON-AG LAND AND IMPROVEMENTS 45,564,970 0.9173 49,672,921 45,564,970
F1 - COMMERCIAL REAL 2,236,084 N/A 2,236,084 2,236,084
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,215,810 N/A 1,215,810 1,215,810
L1 - COMMERCIAL PERSONAL 968,520 N/A 968,520 968,520
L2 - INDUSTRIAL PERSONAL 479,940 N/A 479,940 479,940
M1 - MOBILE HOMES 4,596,920 N/A 4,596,920 4,596,920
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 13,280 N/A 13,280 13,280
Subtotal 134,080,181 0 133,713,459 134,080,181
Less Total Deductions 43,430,640 0 40,692,842 43,430,640
Total Taxable Value 90,649,541 0 93,020,617 90,649,541

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 95,377,280 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 90,649,541 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 95,377,280 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 90,649,541 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 99,357,280 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 95,377,280 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 90,649,541 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 95,377,280 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 90,649,541 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 99,357,280 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,727,739 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
LOSS_PREV_INCR_HMSTD 3,980,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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161-925-02/Gholson ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 72,236,910 1.0637 67,910,981 72,236,910
B - MULTIFAMILY 385,167 N/A 385,167 385,167
C1 - VACANT LOTS 2,376,480 N/A 2,376,480 2,376,480
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,280,288 1.1315 1,131,544 1,280,288
D2 - FARM & RANCH IMP 2,725,812 N/A 2,725,812 2,725,812
E - NON-AG LAND AND IMPROVEMENTS 45,564,970 0.9173 49,672,921 45,564,970
F1 - COMMERCIAL REAL 2,236,084 N/A 2,236,084 2,236,084
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,215,810 N/A 1,215,810 1,215,810
L1 - COMMERCIAL PERSONAL 968,520 N/A 968,520 968,520
L2 - INDUSTRIAL PERSONAL 479,940 N/A 479,940 479,940
M1 - MOBILE HOMES 4,596,920 N/A 4,596,920 4,596,920
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 13,280 N/A 13,280 13,280
Subtotal 134,080,181 133,713,459 134,080,181
Less Total Deductions 43,430,640 40,692,842 43,430,640
Total Taxable Value 90,649,541 93,020,617 90,649,541

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 95,377,280 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 90,649,541 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 95,377,280 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 90,649,541 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 99,357,280 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 95,377,280 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 90,649,541 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 95,377,280 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 90,649,541 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 99,357,280 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,727,739 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
LOSS_PREV_INCR_HMSTD 3,980,000 Loss to the second most recent increase in the state-mandated homestead exemption

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