taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

057/Dallas

057-909/Garland ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 9,342,158,570 .9994 9,347,767,230 9,342,158,570
B. Multi-Family Residences 697,241,850 .8996 775,057,637 697,241,850
C. Vacant Lots 269,536,930 .9284 290,324,138 269,536,930
D. Rural Real(Taxable) 10,580,383 1.0127 10,447,588 10,580,383
F1. Commercial Real 2,211,038,420 .9038 2,446,380,195 2,211,038,420
F2. Industrial Real 175,782,440 N/A 175,782,440 175,782,440
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 211,060,360 N/A 211,060,360 211,060,360
L1. Commercial Personal 968,710,040 1.0489 923,548,517 968,710,040
L2. Industrial Personal 892,811,610 N/A 892,811,610 892,811,610
M. Other Personal 4,603,530 N/A 4,603,530 4,603,530
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 31,312,520 N/A 31,312,520 31,312,520
Subtotal 14,814,836,653 15,109,095,765 14,814,836,653
Less Total Deductions 1,728,841,882   1,729,935,112 1,728,841,882
Total Taxable Value 13,085,994,771 13,379,160,653 13,085,994,771 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 10,119,760 N/A 10,119,760
Prod Value Qualified Acres 460,623 1.4051 327,828
Taxable Value 10,580,383   10,447,588

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
13,653,669,630 13,085,994,771 13,653,669,630 13,085,994,771 13,085,994,771 13,085,994,771


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
567,674,859 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
13,653,669,630 13,085,994,771 13,653,669,630 13,085,994,771 13,085,994,771 13,085,994,771

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified