taxes Property Tax Assistance

2022 ISD Summary Worksheet

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 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
95,377,280	90,649,541	95,377,280	90,649,541	99,357,280

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
4,727,739	0	3,980,000

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
95,377,280	90,649,541	95,377,280	90,649,541	99,357,280

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

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 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
95,377,280	90,649,541	95,377,280	90,649,541	99,357,280

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
4,727,739	0	3,980,000

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
95,377,280	90,649,541	95,377,280	90,649,541	99,357,280

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