taxes Property Tax Assistance

2018 ISD Summary Worksheet

072/Erath

182-901/Gordon ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 622,270 N/A 622,270 622,270
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 8,000 N/A 8,000 8,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,114,750 N/A 2,114,750 2,114,750
D2. Real Prop Farm & Ranch 133,480 N/A 133,480 133,480
E. Real Prop NonQual Acres 13,572,750 N/A 13,572,750 13,572,750
F1. Commercial Real 200,000 N/A 200,000 200,000
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 120,080 N/A 120,080 120,080
J. Utilities 3,787,370 N/A 3,787,370 3,787,370
L1. Commercial Personal 393,420 N/A 393,420 393,420
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 349,590 N/A 349,590 349,590
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 21,301,710 21,301,710 21,301,710
Less Total Deductions 1,523,665   1,523,665 1,523,665
Total Taxable Value 19,778,045 19,778,045 19,778,045 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
20,161,255 19,778,045 20,161,255 19,778,045


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
383,210 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
20,161,255 19,778,045 20,161,255 19,778,045

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

182/Palo Pinto

182-901/Gordon ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 72,261,660 1.0103 71,524,953 72,261,660
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 15,403,940 1.0508 14,659,250 15,403,940
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,417,990 1.0004 5,415,715 5,417,990
D2. Real Prop Farm & Ranch 1,567,390 N/A 1,567,390 1,567,390
E. Real Prop NonQual Acres 23,226,970 .9588 24,225,042 23,226,970
F1. Commercial Real 8,981,870 .9474 9,480,547 8,981,870
F2. Industrial Real 5,863,090 N/A 5,863,090 5,863,090
G. Oil, Gas, Minerals 1,563,860 N/A 1,563,860 1,563,860
J. Utilities 17,733,000 .9243 19,185,329 17,733,000
L1. Commercial Personal 1,453,530 N/A 1,453,530 1,453,530
L2. Industrial Personal 1,908,180 N/A 1,908,180 1,908,180
M. Other Personal 864,790 N/A 864,790 864,790
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 376,500 N/A 376,500 376,500
S. Special Inventory 394,360 N/A 394,360 394,360
Subtotal 157,017,130 158,482,536 157,017,130
Less Total Deductions 14,143,102   13,874,048 14,143,102
Total Taxable Value 142,874,028 144,608,488 142,874,028 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
145,810,018 142,874,028 145,810,018 142,874,028


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,935,990 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
145,810,018 142,874,028 145,810,018 142,874,028

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

182-901/Gordon ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 72,883,930 1.0102 72,147,223 72,883,930
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 15,411,940 1.0508 14,667,250 15,411,940
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,532,740 1.0003 7,530,465 7,532,740
D2. Real Prop Farm & Ranch 1,700,870 N/A 1,700,870 1,700,870
E. Real Prop NonQual Acres 36,799,720 .9736 37,797,792 36,799,720
F1. Commercial Real 9,181,870 .9485 9,680,547 9,181,870
F2. Industrial Real 5,863,090 N/A 5,863,090 5,863,090
G. Oil, Gas, Minerals 1,683,940 N/A 1,683,940 1,683,940
J. Utilities 21,520,370 .9368 22,972,699 21,520,370
L1. Commercial Personal 1,846,950 N/A 1,846,950 1,846,950
L2. Industrial Personal 1,908,180 N/A 1,908,180 1,908,180
M. Other Personal 1,214,380 N/A 1,214,380 1,214,380
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 376,500 N/A 376,500 376,500
S. Special Inventory 394,360 N/A 394,360 394,360
Subtotal 178,318,840 179,784,246 178,318,840
Less Total Deductions 15,666,767   15,397,713 15,666,767
Total Taxable Value 162,652,073 164,386,533 162,652,073 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

2018 ISD Summary Worksheet

182-901/Gordon 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
165,971,273 162,652,073 165,971,273 162,652,073


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,319,200 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
165,971,273 162,652,073 165,971,273 162,652,073

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