taxes Property Tax Assistance

2022 ISD Summary Worksheet

057-Dallas /Dallas County

057-909/Garland ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 24,049,413,820 0.9598 25,056,692,874 24,049,413,820
B - MULTIFAMILY 2,819,336,400 1.0262 2,747,355,681 2,819,336,400
C1 - VACANT LOTS 448,932,280 0.8398 534,570,469 448,932,280
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 309,631 1.1798 262,435 309,631
D2 - FARM & RANCH IMP 779,130 N/A 779,130 779,130
E - NON-AG LAND AND IMPROVEMENTS 3,623,740 N/A 3,623,740 3,623,740
F1 - COMMERCIAL REAL 4,445,242,720 0.8993 4,943,003,136 4,445,242,720
F2 - INDUSTRIAL REAL 207,160,870 N/A 207,160,870 207,160,870
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 271,653,530 0.9242 293,933,705 271,653,530
L1 - COMMERCIAL PERSONAL 1,460,469,360 1.0454 1,397,043,581 1,460,469,360
L2 - INDUSTRIAL PERSONAL 1,201,594,230 N/A 1,201,594,230 1,201,594,230
M1 - MOBILE HOMES 5,582,700 N/A 5,582,700 5,582,700
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,811,350 N/A 45,811,350 45,811,350
S - SPECIAL INVENTORY 56,131,440 N/A 56,131,440 56,131,440
Subtotal 35,016,041,201 0 36,493,545,341 35,016,041,201
Less Total Deductions 7,430,185,969 0 7,765,060,710 7,430,185,969
Total Taxable Value 27,585,855,232 0 28,728,484,631 27,585,855,232

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
28,388,487,728 27,585,855,232 28,388,487,728 27,585,855,232 28,948,927,728


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
802,632,496 0 560,440,000


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
28,388,487,728 27,585,855,232 28,388,487,728 27,585,855,232 28,948,927,728

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

057-909-02/Garland ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 24,049,413,820 0.9598 25,056,692,874 24,049,413,820
B - MULTIFAMILY 2,819,336,400 1.0262 2,747,355,681 2,819,336,400
C1 - VACANT LOTS 448,932,280 0.8398 534,570,469 448,932,280
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 309,631 1.1798 262,435 309,631
D2 - FARM & RANCH IMP 779,130 N/A 779,130 779,130
E - NON-AG LAND AND IMPROVEMENTS 3,623,740 N/A 3,623,740 3,623,740
F1 - COMMERCIAL REAL 4,445,242,720 0.8993 4,943,003,136 4,445,242,720
F2 - INDUSTRIAL REAL 207,160,870 N/A 207,160,870 207,160,870
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 271,653,530 0.9242 293,933,705 271,653,530
L1 - COMMERCIAL PERSONAL 1,460,469,360 1.0454 1,397,043,581 1,460,469,360
L2 - INDUSTRIAL PERSONAL 1,201,594,230 N/A 1,201,594,230 1,201,594,230
M1 - MOBILE HOMES 5,582,700 N/A 5,582,700 5,582,700
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 45,811,350 N/A 45,811,350 45,811,350
S - SPECIAL INVENTORY 56,131,440 N/A 56,131,440 56,131,440
Subtotal 35,016,041,201 36,493,545,341 35,016,041,201
Less Total Deductions 7,430,185,969 7,765,060,710 7,430,185,969
Total Taxable Value 27,585,855,232 28,728,484,631 27,585,855,232

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
28,388,487,728 27,585,855,232 28,388,487,728 27,585,855,232 28,948,927,728


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
802,632,496 0 560,440,000


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
28,388,487,728 27,585,855,232 28,388,487,728 27,585,855,232 28,948,927,728

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