taxes Property Tax Assistance

2017 ISD Summary Worksheet

049/Cooke

049-901/Gainesville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 461,078,409 N/A 461,078,409 461,078,409
B. Multi-Family Residences 30,266,538 N/A 30,266,538 30,266,538
C1. Vacant Lots 20,778,754 N/A 20,778,754 20,778,754
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,137,073 N/A 4,137,073 4,137,073
D2. Real Prop Farm & Ranch 10,348,030 N/A 10,348,030 10,348,030
E. Real Prop NonQual Acres 73,855,338 N/A 73,855,338 73,855,338
F1. Commercial Real 210,829,600 N/A 210,829,600 210,829,600
F2. Industrial Real 33,802,400 N/A 33,802,400 33,802,400
G. Oil, Gas, Minerals 11,135,540 N/A 11,135,540 11,135,540
J. Utilities 40,671,981 N/A 40,671,981 40,671,981
L1. Commercial Personal 133,567,691 N/A 133,567,691 133,567,691
L2. Industrial Personal 103,712,126 N/A 103,712,126 103,712,126
M. Other Personal 2,994,866 N/A 2,994,866 2,994,866
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 474,695 N/A 474,695 474,695
S. Special Inventory 8,343,337 N/A 8,343,337 8,343,337
Subtotal 1,145,996,378 1,145,996,378 1,145,996,378
Less Total Deductions 133,880,087   133,880,087 133,880,087
Total Taxable Value 1,012,116,291 1,012,116,291 1,012,116,291 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
1,042,848,903 1,012,116,291 1,042,848,903 1,012,116,291


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,732,612 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
1,042,848,903 1,012,116,291 1,042,848,903 1,012,116,291

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