taxes Property Tax Assistance

2018 ISD Summary Worksheet

156-Martin

156-905/Grady ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,348,050	N/A	1,348,050	1,348,050
B. MULTIFAMILY RESIDENCES	309,920	N/A	309,920	309,920
C1. VACANT LOTS	691,120	N/A	691,120	691,120
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,520,450	0.5633	13,350,726	7,520,450
D2. REAL PROP:FARM & RANCH	5,071,290	N/A	5,071,290	5,071,290
E. REAL PROP NONQUAL ACREAGE	23,604,200	N/A	23,604,200	23,604,200
F1. COMMERCIAL REAL	449,210	N/A	449,210	449,210
F2. INDUSTRIAL REAL	87,605,830	N/A	87,605,830	87,605,830
G. OIL,GAS,MINERALS	1,191,402,190	0.9961	1,196,066,851	1,191,402,190
J. UTILITIES	134,975,500	0.8913	151,436,666	134,975,500
L1. COMMERCIAL PERSONAL	10,858,440	N/A	10,858,440	10,858,440
L2. INDUSTRIAL PERSONAL	36,687,880	N/A	36,687,880	36,687,880
M. MOBILE HOMES	2,046,080	N/A	2,046,080	2,046,080
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	1,502,570,160	0	1,529,526,263	1,502,570,160
Less Total Deductions	7,987,163	0	7,987,163	7,987,163
Total Taxable Value	1,494,582,997	0	1,521,539,100	1,494,582,997

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
1,495,769,557	1,494,582,997	1,494,515,432	1,493,328,872

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,186,560	1,254,125

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
1,495,769,557	1,494,582,997	1,494,515,432	1,493,328,872

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

156-905-02/Grady ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,348,050	N/A	1,348,050	1,348,050
B. MULTIFAMILY RESIDENCES	309,920	N/A	309,920	309,920
C1. VACANT LOTS	691,120	N/A	691,120	691,120
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,520,450	0.5633	13,350,726	7,520,450
D2. REAL PROP:FARM & RANCH	5,071,290	N/A	5,071,290	5,071,290
E. REAL PROP NONQUAL ACREAGE	23,604,200	N/A	23,604,200	23,604,200
F1. COMMERCIAL REAL	449,210	N/A	449,210	449,210
F2. INDUSTRIAL REAL	87,605,830	N/A	87,605,830	87,605,830
G. OIL,GAS,MINERALS	1,191,402,190	0.9961	1,196,066,851	1,191,402,190
J. UTILITIES	134,975,500	0.8913	151,436,666	134,975,500
L1. COMMERCIAL PERSONAL	10,858,440	N/A	10,858,440	10,858,440
L2. INDUSTRIAL PERSONAL	36,687,880	N/A	36,687,880	36,687,880
M. MOBILE HOMES	2,046,080	N/A	2,046,080	2,046,080
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	1,502,570,160		1,529,526,263	1,502,570,160
Less Total Deductions	7,987,163		7,987,163	7,987,163
Total Taxable Value	1,494,582,997		1,521,539,100	1,494,582,997

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
1,495,769,557	1,494,582,997	1,494,515,432	1,493,328,872

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,186,560	1,254,125

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
1,495,769,557	1,494,582,997	1,494,515,432	1,493,328,872

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