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 12,205,322,370 .9797 12,458,224,324 12,205,322,370
B. Multi-Family Residences 947,618,830 .8103 1,169,466,654 947,618,830
C1. Vacant Lots 323,462,220 .9712 333,054,180 323,462,220
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 392,051 .9248 423,951 392,051
D2. Real Prop Farm & Ranch 895,570 N/A 895,570 895,570
E. Real Prop NonQual Acres 5,735,400 N/A 5,735,400 5,735,400
F1. Commercial Real 2,710,696,410 .9174 2,954,759,549 2,710,696,410
F2. Industrial Real 205,924,980 N/A 205,924,980 205,924,980
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 1,195,715,090 1.0076 1,186,696,199 1,195,715,090
L2. Industrial Personal 773,372,850 N/A 773,372,850 773,372,850
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 18,657,789,071 19,377,206,957 18,657,789,071
Less Total Deductions 3,228,530,652   3,297,447,950 3,228,530,652
Total Taxable Value 15,429,258,419 16,079,759,007 15,429,258,419 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
15,968,415,437 15,429,258,419 15,968,415,437 15,429,258,419


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
539,157,018 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
15,968,415,437 15,429,258,419 15,968,415,437 15,429,258,419

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