taxes Property Tax Assistance

2024 ISD Summary Worksheet

Gholson ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-925/Gholson ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 90,853,173 1.0741 84,585,395 90,853,173
B - MULTIFAMILY 740,947 N/A 740,947 740,947
C1 - VACANT LOTS 3,767,564 N/A 3,767,564 3,767,564
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,362,823 1.1109 1,226,785 1,362,823
D2 - FARM & RANCH IMP 2,383,769 N/A 2,383,769 2,383,769
E - NON-AG LAND AND IMPROVEMENTS 54,649,774 0.9679 56,462,211 54,649,774
F1 - COMMERCIAL REAL 2,713,067 N/A 2,713,067 2,713,067
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,490,020 N/A 1,490,020 1,490,020
L1 - COMMERCIAL PERSONAL 924,920 N/A 924,920 924,920
L2 - INDUSTRIAL PERSONAL 474,660 N/A 474,660 474,660
M1 - MOBILE HOMES 5,521,447 N/A 5,521,447 5,521,447
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 164,882,164 0 160,290,785 164,882,164
Less Total Deductions 70,362,506 0 66,568,649 70,362,506
Total Taxable Value 94,519,658 0 93,722,136 94,519,658

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 115,612,670 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 94,519,658 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 115,612,670 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 94,519,658 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 122,272,670 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 126,712,670 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 103,087,060 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 115,612,670 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 94,519,658 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 115,612,670 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 94,519,658 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 122,272,670 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 126,712,670 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 103,087,060 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,093,012 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 6,660,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,440,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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161-925-02/Gholson ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 90,853,173 1.0741 84,585,395 90,853,173
B - MULTIFAMILY 740,947 N/A 740,947 740,947
C1 - VACANT LOTS 3,767,564 N/A 3,767,564 3,767,564
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,362,823 1.1109 1,226,785 1,362,823
D2 - FARM & RANCH IMP 2,383,769 N/A 2,383,769 2,383,769
E - NON-AG LAND AND IMPROVEMENTS 54,649,774 0.9679 56,462,211 54,649,774
F1 - COMMERCIAL REAL 2,713,067 N/A 2,713,067 2,713,067
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,490,020 N/A 1,490,020 1,490,020
L1 - COMMERCIAL PERSONAL 924,920 N/A 924,920 924,920
L2 - INDUSTRIAL PERSONAL 474,660 N/A 474,660 474,660
M1 - MOBILE HOMES 5,521,447 N/A 5,521,447 5,521,447
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 164,882,164 160,290,785 164,882,164
Less Total Deductions 70,362,506 66,568,649 70,362,506
Total Taxable Value 94,519,658 93,722,136 94,519,658

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 115,612,670 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 94,519,658 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 115,612,670 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 94,519,658 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 122,272,670 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 126,712,670 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 103,087,060 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 115,612,670 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 94,519,658 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 115,612,670 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 94,519,658 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 122,272,670 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 126,712,670 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 103,087,060 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,093,012 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 6,660,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,440,000 Loss to the third most recent increase in the state-mandated homestead exemption

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