taxes Property Tax Assistance

2016 ISD Summary Worksheet

049/Cooke

049-901/Gainesville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 449,118,883 .9906 453,380,661 449,118,883
B. Multi-Family Residences 26,446,187 N/A 26,446,187 26,446,187
C1. Vacant Lots 18,318,415 N/A 18,318,415 18,318,415
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,135,236 1.2693 3,257,997 4,135,236
D2. Real Prop Farm & Ranch 10,262,264 N/A 10,262,264 10,262,264
E. Real Prop NonQual Acres 69,277,139 .9034 76,684,900 69,277,139
F1. Commercial Real 214,690,049 .9525 225,396,377 214,690,049
F2. Industrial Real 33,992,367 N/A 33,992,367 33,992,367
G. Oil, Gas, Minerals 9,606,630 N/A 9,606,630 9,606,630
J. Utilities 37,807,372 N/A 37,807,372 37,807,372
L1. Commercial Personal 138,313,817 .9991 138,438,412 138,313,817
L2. Industrial Personal 98,185,801 N/A 98,185,801 98,185,801
M. Other Personal 2,829,215 N/A 2,829,215 2,829,215
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 538,539 N/A 538,539 538,539
S. Special Inventory 8,503,761 N/A 8,503,761 8,503,761
Subtotal 1,122,025,675 1,143,648,898 1,122,025,675
Less Total Deductions 131,132,217   132,575,195 131,132,217
Total Taxable Value 990,893,458 1,011,073,703 990,893,458 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
1,021,270,466 990,893,458 1,021,270,466 990,893,458


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,377,008 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
1,021,270,466 990,893,458 1,021,270,466 990,893,458

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