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	1,012,927,414	0.9986	1,014,347,501	1,012,927,414
B - MULTIFAMILY	65,325,989	N/A	65,325,989	65,325,989
C1 - VACANT LOTS	27,486,333	N/A	27,486,333	27,486,333
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,730,138	1.1780	4,015,318	4,730,138
D2 - FARM & RANCH IMP	13,661,887	N/A	13,661,887	13,661,887
E - NON-AG LAND AND IMPROVEMENTS	157,835,567	0.9288	169,934,934	157,835,567
F1 - COMMERCIAL REAL	361,266,607	0.9731	371,253,321	361,266,607
F2 - INDUSTRIAL REAL	58,794,736	N/A	58,794,736	58,794,736
G - ALL MINERALS	23,762,399	N/A	23,762,399	23,762,399
J - ALL UTILITIES	64,325,621	N/A	64,325,621	64,325,621
L1 - COMMERCIAL PERSONAL	126,186,025	1.0354	121,871,765	126,186,025
L2 - INDUSTRIAL PERSONAL	140,678,179	N/A	140,678,179	140,678,179
M1 - MOBILE HOMES	7,972,970	N/A	7,972,970	7,972,970
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	9,345,340	N/A	9,345,340	9,345,340
Subtotal	2,076,563,037	0	2,095,040,125	2,076,563,037
Less Total Deductions	375,533,536	0	376,133,735	375,533,536
Total Taxable Value	1,701,029,501	0	1,718,906,390	1,701,029,501

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
1,748,387,879	1,701,029,501	1,748,387,879	1,701,029,501	1,783,047,879

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
47,358,378	0	34,660,000

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
1,748,387,879	1,701,029,501	1,748,387,879	1,701,029,501	1,783,047,879

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	1,012,927,414	0.9986	1,014,347,501	1,012,927,414
B - MULTIFAMILY	65,325,989	N/A	65,325,989	65,325,989
C1 - VACANT LOTS	27,486,333	N/A	27,486,333	27,486,333
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,730,138	1.1780	4,015,318	4,730,138
D2 - FARM & RANCH IMP	13,661,887	N/A	13,661,887	13,661,887
E - NON-AG LAND AND IMPROVEMENTS	157,835,567	0.9288	169,934,934	157,835,567
F1 - COMMERCIAL REAL	361,266,607	0.9731	371,253,321	361,266,607
F2 - INDUSTRIAL REAL	58,794,736	N/A	58,794,736	58,794,736
G - ALL MINERALS	23,762,399	N/A	23,762,399	23,762,399
J - ALL UTILITIES	64,325,621	N/A	64,325,621	64,325,621
L1 - COMMERCIAL PERSONAL	126,186,025	1.0354	121,871,765	126,186,025
L2 - INDUSTRIAL PERSONAL	140,678,179	N/A	140,678,179	140,678,179
M1 - MOBILE HOMES	7,972,970	N/A	7,972,970	7,972,970
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	9,345,340	N/A	9,345,340	9,345,340
Subtotal	2,076,563,037		2,095,040,125	2,076,563,037
Less Total Deductions	375,533,536		376,133,735	375,533,536
Total Taxable Value	1,701,029,501		1,718,906,390	1,701,029,501

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
1,748,387,879	1,701,029,501	1,748,387,879	1,701,029,501	1,783,047,879

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
47,358,378	0	34,660,000

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
1,748,387,879	1,701,029,501	1,748,387,879	1,701,029,501	1,783,047,879

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