taxes Property Tax Assistance

2017 ISD Summary Worksheet

057/Dallas

057-909/Garland ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 13,632,738,630 N/A 13,632,738,630 13,632,738,630
B. Multi-Family Residences 1,061,295,110 N/A 1,061,295,110 1,061,295,110
C1. Vacant Lots 323,546,770 N/A 323,546,770 323,546,770
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 398,606 N/A 398,606 398,606
D2. Real Prop Farm & Ranch 931,480 N/A 931,480 931,480
E. Real Prop NonQual Acres 5,270,850 N/A 5,270,850 5,270,850
F1. Commercial Real 2,922,087,780 N/A 2,922,087,780 2,922,087,780
F2. Industrial Real 213,206,290 N/A 213,206,290 213,206,290
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 226,352,680 N/A 226,352,680 226,352,680
L1. Commercial Personal 1,315,556,970 N/A 1,315,556,970 1,315,556,970
L2. Industrial Personal 826,046,720 N/A 826,046,720 826,046,720
M. Other Personal 5,490,700 N/A 5,490,700 5,490,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,358,300 N/A 2,358,300 2,358,300
S. Special Inventory 41,640,570 N/A 41,640,570 41,640,570
Subtotal 20,576,921,456 20,576,921,456 20,576,921,456
Less Total Deductions 3,517,303,226   3,517,303,226 3,517,303,226
Total Taxable Value 17,059,618,230 17,059,618,230 17,059,618,230 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
17,600,224,704 17,059,618,230 17,600,224,704 17,059,618,230


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
540,606,474 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
17,600,224,704 17,059,618,230 17,600,224,704 17,059,618,230

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