taxes Property Tax Assistance

2017 ISD Summary Worksheet

047/Comanche

067-904/Gorman ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	920,420	.7409	1,242,300	1,242,300
B. Multi-Family Residences	0	N/A	0	0
C1. Vacant Lots	396,510	N/A	396,510	396,510
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	2,333,060	.9020	2,586,670	2,586,670
D2. Real Prop Farm & Ranch	622,060	N/A	622,060	622,060
E. Real Prop NonQual Acres	7,429,031	.7569	9,815,076	9,815,076
F1. Commercial Real	21,460	N/A	21,460	21,460
F2. Industrial Real	184,580	N/A	184,580	184,580
G. Oil, Gas, Minerals	231,692	N/A	231,692	231,692
J. Utilities	3,179,850	.6825	4,659,121	4,659,121
L1. Commercial Personal	8,030	N/A	8,030	8,030
L2. Industrial Personal	2,862,700	N/A	2,862,700	2,862,700
M. Other Personal	288,500	N/A	288,500	288,500
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	18,477,893		22,918,699	22,918,699
Less Total Deductions	2,145,672		2,841,355	2,841,355
Total Taxable Value	16,332,221		20,077,344	20,077,344 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
20,610,560	20,077,344	20,610,560	20,077,344

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
533,216	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
20,610,560	20,077,344	20,610,560	20,077,344

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

067/Eastland

067-904/Gorman ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	29,299,080	N/A	29,299,080	29,299,080
B. Multi-Family Residences	0	N/A	0	0
C1. Vacant Lots	773,780	N/A	773,780	773,780
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	3,918,100	N/A	3,918,100	3,918,100
D2. Real Prop Farm & Ranch	2,604,250	N/A	2,604,250	2,604,250
E. Real Prop NonQual Acres	21,808,590	N/A	21,808,590	21,808,590
F1. Commercial Real	3,452,930	N/A	3,452,930	3,452,930
F2. Industrial Real	1,979,970	N/A	1,979,970	1,979,970
G. Oil, Gas, Minerals	861,910	N/A	861,910	861,910
J. Utilities	41,937,650	N/A	41,937,650	41,937,650
L1. Commercial Personal	1,390,250	N/A	1,390,250	1,390,250
L2. Industrial Personal	6,306,630	N/A	6,306,630	6,306,630
M. Other Personal	755,590	N/A	755,590	755,590
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	115,088,730		115,088,730	115,088,730
Less Total Deductions	17,151,104		17,151,104	17,151,104
Total Taxable Value	97,937,626		97,937,626	97,937,626 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
100,990,546	97,937,626	100,990,546	97,937,626

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,052,920	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
100,990,546	97,937,626	100,990,546	97,937,626

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

067-904/Gorman ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	30,219,500	.9895	30,541,380	30,541,380
B. Multi-Family Residences	0	N/A	0	0
C1. Vacant Lots	1,170,290	N/A	1,170,290	1,170,290
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	6,251,160	.9610	6,504,770	6,504,770
D2. Real Prop Farm & Ranch	3,226,310	N/A	3,226,310	3,226,310
E. Real Prop NonQual Acres	29,237,621	.9245	31,623,666	31,623,666
F1. Commercial Real	3,474,390	N/A	3,474,390	3,474,390
F2. Industrial Real	2,164,550	N/A	2,164,550	2,164,550
G. Oil, Gas, Minerals	1,093,602	N/A	1,093,602	1,093,602
J. Utilities	45,117,500	.9683	46,596,771	46,596,771
L1. Commercial Personal	1,398,280	N/A	1,398,280	1,398,280
L2. Industrial Personal	9,169,330	N/A	9,169,330	9,169,330
M. Other Personal	1,044,090	N/A	1,044,090	1,044,090
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	133,566,623		138,007,429	138,007,429
Less Total Deductions	19,296,776		19,992,459	19,992,459
Total Taxable Value	114,269,847		118,014,970	118,014,970 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

067-904/Gorman ISD

Final Values Worksheet

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
121,601,106	118,014,970	121,601,106	118,014,970

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,586,136	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
121,601,106	118,014,970	121,601,106	118,014,970

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