taxes Property Tax Assistance

2016 ISD Summary Worksheet

057/Dallas

057-909/Garland ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 12,204,380,470 .9797 12,457,262,907 12,204,380,470
B. Multi-Family Residences 928,774,150 .8103 1,146,210,231 928,774,150
C1. Vacant Lots 320,348,840 .9712 329,848,476 320,348,840
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 387,895 .9265 418,658 387,895
D2. Real Prop Farm & Ranch 895,570 N/A 895,570 895,570
E. Real Prop NonQual Acres 6,665,276 N/A 6,665,276 6,665,276
F1. Commercial Real 2,703,078,930 .9174 2,946,456,213 2,703,078,930
F2. Industrial Real 205,719,190 N/A 205,719,190 205,719,190
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 234,435,060 N/A 234,435,060 234,435,060
L1. Commercial Personal 1,208,004,080 1.0076 1,198,892,497 1,208,004,080
L2. Industrial Personal 781,435,170 N/A 781,435,170 781,435,170
M. Other Personal 5,649,990 N/A 5,649,990 5,649,990
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 6,382,600 N/A 6,382,600 6,382,600
S. Special Inventory 42,185,650 N/A 42,185,650 42,185,650
Subtotal 18,648,342,871 19,362,457,488 18,648,342,871
Less Total Deductions 3,249,801,465   3,316,451,422 3,249,801,465
Total Taxable Value 15,398,541,406 16,046,006,066 15,398,541,406 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
15,941,444,274 15,398,541,406 15,941,444,274 15,398,541,406


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
542,902,868 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
15,941,444,274 15,398,541,406 15,941,444,274 15,398,541,406

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