taxes Property Tax Assistance

2017 ISD Summary Worksheet

120/Jackson

120-902/Ganado ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 88,273,548 1.0416 84,748,030 88,273,548
B. Multi-Family Residences 841,868 N/A 841,868 841,868
C1. Vacant Lots 1,263,480 N/A 1,263,480 1,263,480
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,276,970 1.1030 17,476,227 19,276,970
D2. Real Prop Farm & Ranch 8,268,071 N/A 8,268,071 8,268,071
E. Real Prop NonQual Acres 31,078,896 1.0011 31,044,747 31,078,896
F1. Commercial Real 22,460,088 .9445 23,779,871 22,460,088
F2. Industrial Real 292,791,410 N/A 292,791,410 292,791,410
G. Oil, Gas, Minerals 10,285,000 N/A 10,285,000 10,285,000
J. Utilities 41,713,640 .9516 43,835,267 41,713,640
L1. Commercial Personal 7,656,831 N/A 7,656,831 7,656,831
L2. Industrial Personal 12,761,480 N/A 12,761,480 12,761,480
M. Other Personal 2,734,090 N/A 2,734,090 2,734,090
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 539,405,372 537,486,372 539,405,372
Less Total Deductions 321,219,073   319,811,144 321,219,073
Total Taxable Value 218,186,299 217,675,228 218,186,299 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
225,161,817 218,186,299 225,161,817 218,186,299


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,975,518 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
507,438,217 500,462,699 507,438,217 500,462,699

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