taxes Property Tax Assistance

2017 ISD Summary Worksheet

072/Erath

182-901/Gordon ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 612,950 N/A 612,950 612,950
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 7,000 N/A 7,000 7,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,018,100 1.4427 1,398,817 2,018,100
D2. Real Prop Farm & Ranch 107,720 N/A 107,720 107,720
E. Real Prop NonQual Acres 12,852,390 .8151 15,767,869 12,852,390
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 79,550 N/A 79,550 79,550
J. Utilities 3,357,870 .8711 3,854,747 3,357,870
L1. Commercial Personal 133,640 N/A 133,640 133,640
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 360,210 N/A 360,210 360,210
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 19,529,430 22,322,503 19,529,430
Less Total Deductions 1,692,403   1,692,403 1,692,403
Total Taxable Value 17,837,027 20,630,100 17,837,027 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
18,237,337 17,837,027 18,237,337 17,837,027


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
400,310 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
18,237,337 17,837,027 18,237,337 17,837,027

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 69,969,310 N/A 69,969,310 69,969,310
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 17,770,180 N/A 17,770,180 17,770,180
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,397,840 N/A 5,397,840 5,397,840
D2. Real Prop Farm & Ranch 1,674,910 N/A 1,674,910 1,674,910
E. Real Prop NonQual Acres 19,909,890 N/A 19,909,890 19,909,890
F1. Commercial Real 8,517,880 N/A 8,517,880 8,517,880
F2. Industrial Real 6,250,790 N/A 6,250,790 6,250,790
G. Oil, Gas, Minerals 1,002,090 N/A 1,002,090 1,002,090
J. Utilities 18,068,280 N/A 18,068,280 18,068,280
L1. Commercial Personal 3,224,110 N/A 3,224,110 3,224,110
L2. Industrial Personal 1,903,250 N/A 1,903,250 1,903,250
M. Other Personal 777,560 N/A 777,560 777,560
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 462,020 N/A 462,020 462,020
S. Special Inventory 420,340 N/A 420,340 420,340
Subtotal 155,348,450 155,348,450 155,348,450
Less Total Deductions 13,679,521   13,679,521 13,679,521
Total Taxable Value 141,668,929 141,668,929 141,668,929 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
144,531,199 141,668,929 144,531,199 141,668,929


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,862,270 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
144,531,199 141,668,929 144,531,199 141,668,929

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 70,582,260 N/A 70,582,260 70,582,260
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 17,777,180 N/A 17,777,180 17,777,180
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,415,940 1.0911 6,796,657 7,415,940
D2. Real Prop Farm & Ranch 1,782,630 N/A 1,782,630 1,782,630
E. Real Prop NonQual Acres 32,762,280 .9183 35,677,759 32,762,280
F1. Commercial Real 8,517,880 N/A 8,517,880 8,517,880
F2. Industrial Real 6,250,790 N/A 6,250,790 6,250,790
G. Oil, Gas, Minerals 1,081,640 N/A 1,081,640 1,081,640
J. Utilities 21,426,150 .9773 21,923,027 21,426,150
L1. Commercial Personal 3,357,750 N/A 3,357,750 3,357,750
L2. Industrial Personal 1,903,250 N/A 1,903,250 1,903,250
M. Other Personal 1,137,770 N/A 1,137,770 1,137,770
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 462,020 N/A 462,020 462,020
S. Special Inventory 420,340 N/A 420,340 420,340
Subtotal 174,877,880 177,670,953 174,877,880
Less Total Deductions 15,371,924   15,371,924 15,371,924
Total Taxable Value 159,505,956 162,299,029 159,505,956 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

182-901/Gordon 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
162,768,536 159,505,956 162,768,536 159,505,956


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,262,580 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
162,768,536 159,505,956 162,768,536 159,505,956

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