taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

047/Comanche

067-904/Gorman ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 700,400 .9692 722,658 700,400
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 296,890 N/A 296,890 296,890
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,486,541 .9561 2,600,817 2,486,541
D2. Real Prop Farm & Ranch 514,760 N/A 514,760 514,760
E. Real Prop NonQual Acres 6,063,561 .9617 6,305,044 6,063,561
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 506,692 1.0659 475,365 506,692
J. Utilities 1,387,260 .6927 2,002,685 1,387,260
L1. Commercial Personal 8,030 N/A 8,030 8,030
L2. Industrial Personal 2,801,400 N/A 2,801,400 2,801,400
M. Other Personal 280,260 N/A 280,260 280,260
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 15,312,164 16,274,279 15,312,164
Less Total Deductions 1,846,166   1,891,802 1,846,166
Total Taxable Value 13,465,998 14,382,477 13,465,998 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
13,972,286 13,465,998 13,972,286 13,465,998


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
506,288 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
13,972,286 13,465,998 13,972,286 13,465,998

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 28,461,260 N/A 28,461,260 28,461,260
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 921,800 N/A 921,800 921,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,342,140 N/A 3,342,140 3,342,140
D2. Real Prop Farm & Ranch 3,219,580 N/A 3,219,580 3,219,580
E. Real Prop NonQual Acres 20,014,650 N/A 20,014,650 20,014,650
F1. Commercial Real 2,943,200 N/A 2,943,200 2,943,200
F2. Industrial Real 1,939,780 N/A 1,939,780 1,939,780
G. Oil, Gas, Minerals 1,612,070 N/A 1,612,070 1,612,070
J. Utilities 43,841,610 N/A 43,841,610 43,841,610
L1. Commercial Personal 1,482,170 N/A 1,482,170 1,482,170
L2. Industrial Personal 6,188,240 N/A 6,188,240 6,188,240
M. Other Personal 453,170 N/A 453,170 453,170
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 114,419,670 114,419,670 114,419,670
Less Total Deductions 20,255,915   20,255,915 20,255,915
Total Taxable Value 94,163,755 94,163,755 94,163,755 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
97,075,475 94,163,755 97,075,475 94,163,755


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,911,720 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
97,075,475 94,163,755 97,075,475 94,163,755

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

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

067-904/Gorman ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 29,161,660 .9992 29,183,918 29,161,660
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,218,690 N/A 1,218,690 1,218,690
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,828,681 .9808 5,942,957 5,828,681
D2. Real Prop Farm & Ranch 3,734,340 N/A 3,734,340 3,734,340
E. Real Prop NonQual Acres 26,078,211 .9908 26,319,694 26,078,211
F1. Commercial Real 2,961,860 N/A 2,961,860 2,961,860
F2. Industrial Real 2,187,490 N/A 2,187,490 2,187,490
G. Oil, Gas, Minerals 2,118,762 1.0150 2,087,435 2,118,762
J. Utilities 45,228,870 .9866 45,844,295 45,228,870
L1. Commercial Personal 1,490,200 N/A 1,490,200 1,490,200
L2. Industrial Personal 8,989,640 N/A 8,989,640 8,989,640
M. Other Personal 733,430 N/A 733,430 733,430
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 129,731,834 130,693,949 129,731,834
Less Total Deductions 22,102,081   22,147,717 22,102,081
Total Taxable Value 107,629,753 108,546,232 107,629,753 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