taxes Property Tax Assistance

2016 ISD Summary Worksheet

072/Erath

182-901/Gordon ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 500,740 N/A 500,740 500,740
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) 1,994,480 N/A 1,994,480 1,994,480
D2. Real Prop Farm & Ranch 108,040 N/A 108,040 108,040
E. Real Prop NonQual Acres 12,037,140 N/A 12,037,140 12,037,140
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 99,050 N/A 99,050 99,050
J. Utilities 3,160,470 N/A 3,160,470 3,160,470
L1. Commercial Personal 136,590 N/A 136,590 136,590
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 335,080 N/A 335,080 335,080
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 18,377,590 18,377,590 18,377,590
Less Total Deductions 1,652,938   1,652,938 1,652,938
Total Taxable Value 16,724,652 16,724,652 16,724,652 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
17,122,382 16,724,652 17,122,382 16,724,652


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
397,730 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
17,122,382 16,724,652 17,122,382 16,724,652

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 68,380,910 1.0007 68,333,077 68,380,910
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 19,980,170 .9848 20,288,556 19,980,170
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,501,690 1.0404 5,288,183 5,501,690
D2. Real Prop Farm & Ranch 1,676,570 N/A 1,676,570 1,676,570
E. Real Prop NonQual Acres 17,656,000 .9286 19,013,569 17,656,000
F1. Commercial Real 8,655,390 .9924 8,721,675 8,655,390
F2. Industrial Real 6,556,060 N/A 6,556,060 6,556,060
G. Oil, Gas, Minerals 1,892,590 N/A 1,892,590 1,892,590
J. Utilities 18,319,200 .9611 19,060,660 18,319,200
L1. Commercial Personal 1,106,850 N/A 1,106,850 1,106,850
L2. Industrial Personal 1,999,360 N/A 1,999,360 1,999,360
M. Other Personal 722,890 N/A 722,890 722,890
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 499,830 N/A 499,830 499,830
S. Special Inventory 420,340 N/A 420,340 420,340
Subtotal 153,367,850 155,580,210 153,367,850
Less Total Deductions 13,782,367   13,766,958 13,782,367
Total Taxable Value 139,585,483 141,813,252 139,585,483 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
142,456,613 139,585,483 142,456,613 139,585,483


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,871,130 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
142,456,613 139,585,483 142,456,613 139,585,483

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 68,881,650 1.0007 68,833,817 68,881,650
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 19,986,170 .9848 20,294,556 19,986,170
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,496,170 1.0293 7,282,663 7,496,170
D2. Real Prop Farm & Ranch 1,784,610 N/A 1,784,610 1,784,610
E. Real Prop NonQual Acres 29,693,140 .9563 31,050,709 29,693,140
F1. Commercial Real 8,655,390 .9924 8,721,675 8,655,390
F2. Industrial Real 6,556,060 N/A 6,556,060 6,556,060
G. Oil, Gas, Minerals 1,991,640 N/A 1,991,640 1,991,640
J. Utilities 21,479,670 .9666 22,221,130 21,479,670
L1. Commercial Personal 1,243,440 N/A 1,243,440 1,243,440
L2. Industrial Personal 1,999,360 N/A 1,999,360 1,999,360
M. Other Personal 1,057,970 N/A 1,057,970 1,057,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 499,830 N/A 499,830 499,830
S. Special Inventory 420,340 N/A 420,340 420,340
Subtotal 171,745,440 173,957,800 171,745,440
Less Total Deductions 15,435,305   15,419,896 15,435,305
Total Taxable Value 156,310,135 158,537,904 156,310,135 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