taxes Property Tax Assistance

2017 ISD Summary Worksheet

161/McLennan

161-925/Gholson ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 30,503,741 N/A 30,503,741 30,503,741
B. Multi-Family Residences 228,700 N/A 228,700 228,700
C1. Vacant Lots 1,107,710 N/A 1,107,710 1,107,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,181,390 N/A 1,181,390 1,181,390
D2. Real Prop Farm & Ranch 1,755,700 N/A 1,755,700 1,755,700
E. Real Prop NonQual Acres 24,242,931 N/A 24,242,931 24,242,931
F1. Commercial Real 302,020 N/A 302,020 302,020
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 920,260 N/A 920,260 920,260
L1. Commercial Personal 472,760 N/A 472,760 472,760
L2. Industrial Personal 373,850 N/A 373,850 373,850
M. Other Personal 1,930,900 N/A 1,930,900 1,930,900
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,680 N/A 1,680 1,680
Subtotal 63,021,642 63,021,642 63,021,642
Less Total Deductions 17,309,481   17,309,481 17,309,481
Total Taxable Value 45,712,161 45,712,161 45,712,161 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
48,903,926 45,712,161 48,903,926 45,712,161


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,191,765 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
48,903,926 45,712,161 48,903,926 45,712,161

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