taxes Property Tax Assistance

2022 ISD Summary Worksheet

072-Erath /Erath County

182-901/Gordon ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	674,170	N/A	674,170	674,170
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,926,950	N/A	1,926,950	1,926,950
D2 - FARM & RANCH IMP	388,200	N/A	388,200	388,200
E - NON-AG LAND AND IMPROVEMENTS	22,354,570	N/A	22,354,570	22,354,570
F1 - COMMERCIAL REAL	657,190	N/A	657,190	657,190
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	38,920	N/A	38,920	38,920
J - ALL UTILITIES	4,458,970	N/A	4,458,970	4,458,970
L1 - COMMERCIAL PERSONAL	5,049,140	N/A	5,049,140	5,049,140
L2 - INDUSTRIAL PERSONAL	49,710	N/A	49,710	49,710
M1 - MOBILE HOMES	409,320	N/A	409,320	409,320
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	36,007,140	0	36,007,140	36,007,140
Less Total Deductions	4,194,096	0	4,194,096	4,194,096
Total Taxable Value	31,813,044	0	31,813,044	31,813,044

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	T13
32,380,514	31,813,044	32,380,514	31,813,044	32,820,514

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
567,470	0	440,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
32,380,514	31,813,044	32,380,514	31,813,044	32,820,514

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

182-Palo Pinto /Palo Pinto County

182-901/Gordon ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	111,528,070	0.9773	114,118,561	111,528,070
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	16,711,060	0.9669	17,283,132	16,711,060
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,172,630	1.0912	4,740,486	5,172,630
D2 - FARM & RANCH IMP	1,258,370	N/A	1,258,370	1,258,370
E - NON-AG LAND AND IMPROVEMENTS	59,348,980	0.9207	64,460,715	59,348,980
F1 - COMMERCIAL REAL	14,823,510	1.0011	14,807,222	14,823,510
F2 - INDUSTRIAL REAL	700,000	N/A	700,000	700,000
G - ALL MINERALS	1,611,890	N/A	1,611,890	1,611,890
J - ALL UTILITIES	20,539,420	0.9533	21,545,599	20,539,420
L1 - COMMERCIAL PERSONAL	1,686,910	N/A	1,686,910	1,686,910
L2 - INDUSTRIAL PERSONAL	2,581,790	N/A	2,581,790	2,581,790
M1 - MOBILE HOMES	1,315,830	N/A	1,315,830	1,315,830
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	286,530	N/A	286,530	286,530
S - SPECIAL INVENTORY	425,190	N/A	425,190	425,190
Subtotal	237,990,180	0	246,822,225	237,990,180
Less Total Deductions	39,011,718	0	40,332,204	39,011,718
Total Taxable Value	198,978,462	0	206,490,021	198,978,462

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	T13
203,630,575	198,978,462	203,630,575	198,978,462	207,470,575

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
4,652,113	0	3,840,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
203,630,575	198,978,462	203,630,575	198,978,462	207,470,575

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

182-901-02/Gordon ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	112,202,240	0.9774	114,792,731	112,202,240
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	16,711,060	0.9669	17,283,132	16,711,060
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,099,580	1.0648	6,667,436	7,099,580
D2 - FARM & RANCH IMP	1,646,570	N/A	1,646,570	1,646,570
E - NON-AG LAND AND IMPROVEMENTS	81,703,550	0.9411	86,815,285	81,703,550
F1 - COMMERCIAL REAL	15,480,700	1.0011	15,464,412	15,480,700
F2 - INDUSTRIAL REAL	700,000	N/A	700,000	700,000
G - ALL MINERALS	1,650,810	N/A	1,650,810	1,650,810
J - ALL UTILITIES	24,998,390	0.9613	26,004,569	24,998,390
L1 - COMMERCIAL PERSONAL	6,736,050	N/A	6,736,050	6,736,050
L2 - INDUSTRIAL PERSONAL	2,631,500	N/A	2,631,500	2,631,500
M1 - MOBILE HOMES	1,725,150	N/A	1,725,150	1,725,150
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	286,530	N/A	286,530	286,530
S - SPECIAL INVENTORY	425,190	N/A	425,190	425,190
Subtotal	273,997,320		282,829,365	273,997,320
Less Total Deductions	43,205,814		44,526,300	43,205,814
Total Taxable Value	230,791,506		238,303,065	230,791,506

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	T13
236,011,089	230,791,506	236,011,089	230,791,506	240,291,089

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
5,219,583	0	4,280,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
236,011,089	230,791,506	236,011,089	230,791,506	240,291,089

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement