taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

072/Erath

182-901/Gordon ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 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) 2,020,050 N/A 2,020,050 2,020,050
D2. Real Prop Farm & Ranch 161,230 N/A 161,230 161,230
E. Real Prop NonQual Acres 11,431,570 N/A 11,431,570 11,431,570
F1. Commercial Real 86,410 N/A 86,410 86,410
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 135,010 N/A 135,010 135,010
J. Utilities 1,755,570 N/A 1,755,570 1,755,570
L1. Commercial Personal 94,830 N/A 94,830 94,830
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 360,790 N/A 360,790 360,790
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 16,395,760 16,395,760 16,395,760
Less Total Deductions 1,613,107   1,613,107 1,613,107
Total Taxable Value 14,782,653 14,782,653 14,782,653 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
15,178,643 14,782,653 15,178,643 14,782,653


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
395,990 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
15,178,643 14,782,653 15,178,643 14,782,653

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

182/Palo Pinto

182-901/Gordon ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 65,869,930 N/A 65,869,930 65,869,930
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 25,649,250 N/A 25,649,250 25,649,250
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,520,070 N/A 5,520,070 5,520,070
D2. Real Prop Farm & Ranch 1,688,480 N/A 1,688,480 1,688,480
E. Real Prop NonQual Acres 17,347,400 N/A 17,347,400 17,347,400
F1. Commercial Real 8,792,480 N/A 8,792,480 8,792,480
F2. Industrial Real 6,939,020 N/A 6,939,020 6,939,020
G. Oil, Gas, Minerals 7,156,330 N/A 7,156,330 7,156,330
J. Utilities 17,646,870 N/A 17,646,870 17,646,870
L1. Commercial Personal 1,848,640 N/A 1,848,640 1,848,640
L2. Industrial Personal 1,965,030 N/A 1,965,030 1,965,030
M. Other Personal 632,340 N/A 632,340 632,340
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 856,740 N/A 856,740 856,740
S. Special Inventory 373,450 N/A 373,450 373,450
Subtotal 162,286,030 162,286,030 162,286,030
Less Total Deductions 14,712,074   14,712,074 14,712,074
Total Taxable Value 147,573,956 147,573,956 147,573,956 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
150,360,656 147,573,956 150,360,656 147,573,956


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,786,700 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
150,360,656 147,573,956 150,360,656 147,573,956

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

182-901/Gordon ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 66,214,230 N/A 66,214,230 66,214,230
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 25,655,250 N/A 25,655,250 25,655,250
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,540,120 N/A 7,540,120 7,540,120
D2. Real Prop Farm & Ranch 1,849,710 N/A 1,849,710 1,849,710
E. Real Prop NonQual Acres 28,778,970 N/A 28,778,970 28,778,970
F1. Commercial Real 8,878,890 N/A 8,878,890 8,878,890
F2. Industrial Real 6,939,020 N/A 6,939,020 6,939,020
G. Oil, Gas, Minerals 7,291,340 N/A 7,291,340 7,291,340
J. Utilities 19,402,440 N/A 19,402,440 19,402,440
L1. Commercial Personal 1,943,470 N/A 1,943,470 1,943,470
L2. Industrial Personal 1,965,030 N/A 1,965,030 1,965,030
M. Other Personal 993,130 N/A 993,130 993,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 856,740 N/A 856,740 856,740
S. Special Inventory 373,450 N/A 373,450 373,450
Subtotal 178,681,790 178,681,790 178,681,790
Less Total Deductions 16,325,181   16,325,181 16,325,181
Total Taxable Value 162,356,609 162,356,609 162,356,609 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