taxes Property Tax Assistance

2017 ISD Summary Worksheet

183/Panola

183-904/Gary ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 50,264,760 .9478 53,033,087 50,264,760
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,226,480 N/A 3,226,480 3,226,480
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,252,010 .9061 5,796,304 5,252,010
D2. Real Prop Farm & Ranch 3,202,080 N/A 3,202,080 3,202,080
E. Real Prop NonQual Acres 18,448,210 .8990 20,520,812 18,448,210
F1. Commercial Real 1,219,120 N/A 1,219,120 1,219,120
F2. Industrial Real 43,780 N/A 43,780 43,780
G. Oil, Gas, Minerals 49,287,060 .9997 49,301,851 49,287,060
J. Utilities 28,415,640 1.0252 27,717,167 28,415,640
L1. Commercial Personal 1,477,430 N/A 1,477,430 1,477,430
L2. Industrial Personal 6,751,460 N/A 6,751,460 6,751,460
M. Other Personal 4,389,760 N/A 4,389,760 4,389,760
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 171,977,790 176,679,331 171,977,790
Less Total Deductions 25,206,250   26,280,952 25,206,250
Total Taxable Value 146,771,540 150,398,379 146,771,540 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
151,393,280 146,771,540 146,747,810 142,126,070


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,621,740 4,645,470


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
151,393,280 146,771,540 146,747,810 142,126,070

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