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 .4517 7,039,739 7,039,739
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 25,299,317 25,299,317
Less Total Deductions 2,145,672   2,841,355 2,841,355
Total Taxable Value 16,332,221 22,457,962 22,457,962 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
22,991,178 22,457,962 22,991,178 22,457,962


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
22,991,178 22,457,962 22,991,178 22,457,962

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 .9212 48,977,389 48,977,389
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 133,566,623 140,388,047 140,388,047
Less Total Deductions 19,296,776   19,992,459 19,992,459
Total Taxable Value 114,269,847 120,395,588 120,395,588 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
123,981,724 120,395,588 123,981,724 120,395,588


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
123,981,724 120,395,588 123,981,724 120,395,588

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