taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

047/Comanche

067-904/Gorman ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 673,470 N/A 673,470 673,470
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 312,090 N/A 312,090 312,090
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,503,551 N/A 2,503,551 2,503,551
D2. Real Prop Farm & Ranch 491,260 N/A 491,260 491,260
E. Real Prop NonQual Acres 5,413,870 N/A 5,413,870 5,413,870
F1. Commercial Real 18,660 N/A 18,660 18,660
F2. Industrial Real 247,710 N/A 247,710 247,710
G. Oil, Gas, Minerals 939,013 N/A 939,013 939,013
J. Utilities 1,449,630 N/A 1,449,630 1,449,630
L1. Commercial Personal 8,030 N/A 8,030 8,030
L2. Industrial Personal 3,100,060 N/A 3,100,060 3,100,060
M. Other Personal 263,280 N/A 263,280 263,280
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 15,420,624 15,420,624 15,420,624
Less Total Deductions 1,220,250   1,220,250 1,220,250
Total Taxable Value 14,200,374 14,200,374 14,200,374 T2

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
14,725,091 14,200,374 14,725,091 14,200,374 14,200,374 14,200,374


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
524,717 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
14,725,091 14,200,374 14,725,091 14,200,374 14,200,374 14,200,374

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

067/Eastland

067-904/Gorman ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 28,814,240 .9846 29,264,920 28,814,240
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 894,760 N/A 894,760 894,760
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,344,770 .9438 3,544,085 3,344,770
D2. Real Prop Farm & Ranch 3,223,110 N/A 3,223,110 3,223,110
E. Real Prop NonQual Acres 19,301,830 .9771 19,754,201 19,301,830
F1. Commercial Real 2,949,420 N/A 2,949,420 2,949,420
F2. Industrial Real 1,963,670 N/A 1,963,670 1,963,670
G. Oil, Gas, Minerals 2,174,420 N/A 2,174,420 2,174,420
J. Utilities 45,776,510 .9783 46,791,894 45,776,510
L1. Commercial Personal 1,317,430 N/A 1,317,430 1,317,430
L2. Industrial Personal 5,911,740 N/A 5,911,740 5,911,740
M. Other Personal 469,210 N/A 469,210 469,210
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 116,141,110 118,258,860 116,141,110
Less Total Deductions 16,384,795   16,527,487 16,384,795
Total Taxable Value 99,756,315 101,731,373 99,756,315 T2

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
103,604,215 99,756,315 103,604,215 99,756,315 99,863,559 99,863,559


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,847,900 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
103,604,215 99,756,315 103,604,215 99,756,315 99,863,559 99,863,559

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

067-904/Gorman ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 29,487,710 .9849 29,938,390 29,487,710
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,206,850 N/A 1,206,850 1,206,850
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,848,321 .9670 6,047,636 5,848,321
D2. Real Prop Farm & Ranch 3,714,370 N/A 3,714,370 3,714,370
E. Real Prop NonQual Acres 24,715,700 .9820 25,168,071 24,715,700
F1. Commercial Real 2,968,080 N/A 2,968,080 2,968,080
F2. Industrial Real 2,211,380 N/A 2,211,380 2,211,380
G. Oil, Gas, Minerals 3,113,433 N/A 3,113,433 3,113,433
J. Utilities 47,226,140 .9790 48,241,524 47,226,140
L1. Commercial Personal 1,325,460 N/A 1,325,460 1,325,460
L2. Industrial Personal 9,011,800 N/A 9,011,800 9,011,800
M. Other Personal 732,490 N/A 732,490 732,490
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 131,561,734 133,679,484 131,561,734
Less Total Deductions 17,605,045   17,747,737 17,605,045
Total Taxable Value 113,956,689 115,931,747 113,956,689 T2

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