taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

049/Cooke

049-901/Gainesville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 434,337,611 N/A 434,337,611 434,337,611
B. Multi-Family Residences 26,244,990 N/A 26,244,990 26,244,990
C1. Vacant Lots 13,620,702 N/A 13,620,702 13,620,702
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,125,458 N/A 4,125,458 4,125,458
D2. Real Prop Farm & Ranch 10,216,588 N/A 10,216,588 10,216,588
E. Real Prop NonQual Acres 65,586,697 N/A 65,586,697 65,586,697
F1. Commercial Real 202,418,963 N/A 202,418,963 202,418,963
F2. Industrial Real 33,307,478 N/A 33,307,478 33,307,478
G. Oil, Gas, Minerals 20,791,670 N/A 20,791,670 20,791,670
J. Utilities 35,917,982 N/A 35,917,982 35,917,982
L1. Commercial Personal 152,645,601 N/A 152,645,601 152,645,601
L2. Industrial Personal 96,926,619 N/A 96,926,619 96,926,619
M. Other Personal 2,513,102 N/A 2,513,102 2,513,102
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 369,240 N/A 369,240 369,240
S. Special Inventory 8,848,772 N/A 8,848,772 8,848,772
Subtotal 1,107,871,473 1,107,871,473 1,107,871,473
Less Total Deductions 130,696,386   130,696,386 130,696,386
Total Taxable Value 977,175,087 977,175,087 977,175,087 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
1,007,880,242 977,175,087 1,007,880,242 977,175,087


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,705,155 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
1,007,880,242 977,175,087 1,007,880,242 977,175,087

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