taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

072/Erath

182-901/Gordon ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 344,300 N/A 344,300 344,300
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 6,000 N/A 6,000 6,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,759,740 N/A 1,759,740 1,759,740
D2. Real Prop Farm & Ranch 146,210 N/A 146,210 146,210
E. Real Prop NonQual Acres 10,940,180 N/A 10,940,180 10,940,180
F1. Commercial Real 86,410 N/A 86,410 86,410
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 176,150 N/A 176,150 176,150
J. Utilities 1,711,130 N/A 1,711,130 1,711,130
L1. Commercial Personal 75,360 N/A 75,360 75,360
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 282,400 N/A 282,400 282,400
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 15,527,880 15,527,880 15,527,880
Less Total Deductions 1,230,808   1,230,808 1,230,808
Total Taxable Value 14,297,072 14,297,072 14,297,072 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
14,710,622 14,297,072 14,710,622 14,297,072 14,297,072 14,297,072


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
413,550 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
14,710,622 14,297,072 14,710,622 14,297,072 14,297,072 14,297,072

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

182/Palo Pinto

182-901/Gordon ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 58,391,110 .9624 60,672,392 58,391,110
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 28,548,080 .9890 28,865,602 28,548,080
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,332,180 .8446 6,313,454 5,332,180
D2. Real Prop Farm & Ranch 1,670,060 N/A 1,670,060 1,670,060
E. Real Prop NonQual Acres 16,273,340 .9806 16,595,289 16,273,340
F1. Commercial Real 7,333,780 N/A 7,333,780 7,333,780
F2. Industrial Real 6,749,680 N/A 6,749,680 6,749,680
G. Oil, Gas, Minerals 6,760,320 1.0058 6,721,336 6,760,320
J. Utilities 17,577,280 .9909 17,738,702 17,577,280
L1. Commercial Personal 2,159,725 N/A 2,159,725 2,159,725
L2. Industrial Personal 1,917,020 N/A 1,917,020 1,917,020
M. Other Personal 480,120 N/A 480,120 480,120
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,039,870 N/A 1,039,870 1,039,870
S. Special Inventory 351,040 N/A 351,040 351,040
Subtotal 154,583,605 158,608,070 154,583,605
Less Total Deductions 11,916,560   12,674,844 11,916,560
Total Taxable Value 142,667,045 145,933,226 142,667,045 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
145,697,785 142,667,045 145,697,785 142,667,045 142,933,148 142,933,148


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,030,740 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
145,697,785 142,667,045 145,697,785 142,667,045 142,933,148 142,933,148

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

182-901/Gordon ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 58,735,410 .9626 61,016,692 58,735,410
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 28,554,080 .9890 28,871,602 28,554,080
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,091,920 .8785 8,073,194 7,091,920
D2. Real Prop Farm & Ranch 1,816,270 N/A 1,816,270 1,816,270
E. Real Prop NonQual Acres 27,213,520 .9883 27,535,469 27,213,520
F1. Commercial Real 7,420,190 N/A 7,420,190 7,420,190
F2. Industrial Real 6,749,680 N/A 6,749,680 6,749,680
G. Oil, Gas, Minerals 6,936,470 1.0057 6,897,486 6,936,470
J. Utilities 19,288,410 .9917 19,449,832 19,288,410
L1. Commercial Personal 2,235,085 N/A 2,235,085 2,235,085
L2. Industrial Personal 1,917,020 N/A 1,917,020 1,917,020
M. Other Personal 762,520 N/A 762,520 762,520
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,039,870 N/A 1,039,870 1,039,870
S. Special Inventory 351,040 N/A 351,040 351,040
Subtotal 170,111,485 174,135,950 170,111,485
Less Total Deductions 13,147,368   13,905,652 13,147,368
Total Taxable Value 156,964,117 160,230,298 156,964,117 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