taxes Property Tax Assistance

2018 ISD Summary Worksheet

091-Grayson

091-914/S and S CISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 261,377,767 0.9507 274,931,910 261,377,767
B. MULTIFAMILY RESIDENCES 504,645 N/A 504,645 504,645
C1. VACANT LOTS 5,492,771 N/A 5,492,771 5,492,771
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,770,513 1.4528 3,971,878 5,770,513
D2. REAL PROP:FARM & RANCH 4,826,631 N/A 4,826,631 4,826,631
E. REAL PROP NONQUAL ACREAGE 100,184,744 1.0265 97,598,387 100,184,744
F1. COMMERCIAL REAL 14,359,693 N/A 14,359,693 14,359,693
F2. INDUSTRIAL REAL 3,747,442 N/A 3,747,442 3,747,442
G. OIL,GAS,MINERALS 45,056,481 1.0103 44,597,131 45,056,481
J. UTILITIES 33,732,731 0.8734 38,622,316 33,732,731
L1. COMMERCIAL PERSONAL 14,478,736 N/A 14,478,736 14,478,736
L2. INDUSTRIAL PERSONAL 12,305,791 N/A 12,305,791 12,305,791
M. MOBILE HOMES 4,182,885 N/A 4,182,885 4,182,885
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,519,785 N/A 1,519,785 1,519,785
S. SPECIAL INVENTORY 410,830 N/A 410,830 410,830
Subtotal 507,951,445 0 521,550,831 507,951,445
Less Total Deductions 95,270,302 0 100,965,545 95,270,302
Total Taxable Value 412,681,143 0 420,585,286 412,681,143

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
425,170,606 412,681,143 425,170,606 412,681,143


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,489,463 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
425,170,606 412,681,143 425,170,606 412,681,143

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

091-914-02/S and S CISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 261,377,767 0.9507 274,931,910 261,377,767
B. MULTIFAMILY RESIDENCES 504,645 N/A 504,645 504,645
C1. VACANT LOTS 5,492,771 N/A 5,492,771 5,492,771
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,770,513 1.4528 3,971,878 5,770,513
D2. REAL PROP:FARM & RANCH 4,826,631 N/A 4,826,631 4,826,631
E. REAL PROP NONQUAL ACREAGE 100,184,744 1.0265 97,598,387 100,184,744
F1. COMMERCIAL REAL 14,359,693 N/A 14,359,693 14,359,693
F2. INDUSTRIAL REAL 3,747,442 N/A 3,747,442 3,747,442
G. OIL,GAS,MINERALS 45,056,481 1.0103 44,597,131 45,056,481
J. UTILITIES 33,732,731 0.8734 38,622,316 33,732,731
L1. COMMERCIAL PERSONAL 14,478,736 N/A 14,478,736 14,478,736
L2. INDUSTRIAL PERSONAL 12,305,791 N/A 12,305,791 12,305,791
M. MOBILE HOMES 4,182,885 N/A 4,182,885 4,182,885
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,519,785 N/A 1,519,785 1,519,785
S. SPECIAL INVENTORY 410,830 N/A 410,830 410,830
Subtotal 507,951,445 521,550,831 507,951,445
Less Total Deductions 95,270,302 100,965,545 95,270,302
Total Taxable Value 412,681,143 420,585,286 412,681,143

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
425,170,606 412,681,143 425,170,606 412,681,143


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,489,463 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
425,170,606 412,681,143 425,170,606 412,681,143

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