taxes Property Tax Assistance

2018 ISD Summary Worksheet

087-Glasscock

087-901/Glasscock County ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,671,003 N/A 3,671,003 3,671,003
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 257,291 N/A 257,291 257,291
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,967,660 0.8967 17,806,378 15,967,660
D2. REAL PROP:FARM & RANCH 3,576,318 N/A 3,576,318 3,576,318
E. REAL PROP NONQUAL ACREAGE 39,707,899 N/A 39,707,899 39,707,899
F1. COMMERCIAL REAL 8,698,125 N/A 8,698,125 8,698,125
F2. INDUSTRIAL REAL 875,069,319 N/A 875,069,319 875,069,319
G. OIL,GAS,MINERALS 2,014,943,720 1.0004 2,014,138,065 2,014,943,720
J. UTILITIES 425,350,184 0.9483 448,539,686 425,350,184
L1. COMMERCIAL PERSONAL 23,305,168 N/A 23,305,168 23,305,168
L2. INDUSTRIAL PERSONAL 109,204,780 N/A 109,204,780 109,204,780
M. MOBILE HOMES 1,496,748 N/A 1,496,748 1,496,748
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 3,521,248,215 0 3,545,470,780 3,521,248,215
Less Total Deductions 597,345,673 0 597,345,673 597,345,673
Total Taxable Value 2,923,902,542 0 2,948,125,107 2,923,902,542

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
2,926,176,362 2,923,902,542 2,923,607,869 2,921,334,049


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,273,820 2,568,493


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
3,506,783,332 3,504,509,512 3,504,214,839 3,501,941,019

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

087-901-02/Glasscock County ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,671,003 N/A 3,671,003 3,671,003
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 257,291 N/A 257,291 257,291
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,967,660 0.8967 17,806,378 15,967,660
D2. REAL PROP:FARM & RANCH 3,576,318 N/A 3,576,318 3,576,318
E. REAL PROP NONQUAL ACREAGE 39,707,899 N/A 39,707,899 39,707,899
F1. COMMERCIAL REAL 8,698,125 N/A 8,698,125 8,698,125
F2. INDUSTRIAL REAL 875,069,319 N/A 875,069,319 875,069,319
G. OIL,GAS,MINERALS 2,014,943,720 1.0004 2,014,138,065 2,014,943,720
J. UTILITIES 425,350,184 0.9483 448,539,686 425,350,184
L1. COMMERCIAL PERSONAL 23,305,168 N/A 23,305,168 23,305,168
L2. INDUSTRIAL PERSONAL 109,204,780 N/A 109,204,780 109,204,780
M. MOBILE HOMES 1,496,748 N/A 1,496,748 1,496,748
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 3,521,248,215 3,545,470,780 3,521,248,215
Less Total Deductions 597,345,673 597,345,673 597,345,673
Total Taxable Value 2,923,902,542 2,948,125,107 2,923,902,542

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
2,926,176,362 2,923,902,542 2,923,607,869 2,921,334,049


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,273,820 2,568,493


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
3,506,783,332 3,504,509,512 3,504,214,839 3,501,941,019

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