taxes Property Tax Assistance

2019 ISD Summary Worksheet

073-Falls

147-902/Groesbeck ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 128,360 N/A 128,360 128,360
D1. QUALIFIED AG LAND 109,450 N/A 109,450 109,450
D2. REAL PROP:FARM & RANCH 44,240 N/A 44,240 44,240
E. REAL PROP NONQUAL ACREAGE 232,240 N/A 232,240 232,240
J. UTILITIES 59,730 N/A 59,730 59,730
M. MOBILE HOMES 23,770 N/A 23,770 23,770
Subtotal 597,790 0 597,790 597,790
Less Total Deductions 138,727 0 138,727 138,727
Total Taxable Value 459,063 0 459,063 459,063

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
489,063 459,063 489,063 459,063


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,000 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
489,063 459,063 489,063 459,063

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

147-Limestone

147-902/Groesbeck ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 317,796,607 0.9187 345,919,894 317,796,607
B. MULTIFAMILY RESIDENCES 2,740,040 N/A 2,740,040 2,740,040
C1. VACANT LOTS 17,110,183 N/A 17,110,183 17,110,183
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,295,664 1.1545 10,649,997 12,295,664
D2. REAL PROP:FARM & RANCH 5,954,564 N/A 5,954,564 5,954,564
E. REAL PROP NONQUAL ACREAGE 172,458,570 0.8866 194,516,772 172,458,570
F1. COMMERCIAL REAL 44,864,282 0.6270 71,553,879 44,864,282
F2. INDUSTRIAL REAL 425,546,070 N/A 425,546,070 425,546,070
G. OIL,GAS,MINERALS 66,547,390 1.0076 66,045,445 66,547,390
J. UTILITIES 212,347,030 0.9416 225,517,237 212,347,030
L1. COMMERCIAL PERSONAL 11,631,216 N/A 11,631,216 11,631,216
L2. INDUSTRIAL PERSONAL 77,998,550 N/A 77,998,550 77,998,550
M. MOBILE HOMES 9,614,800 N/A 9,614,800 9,614,800
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 2,271,800 N/A 2,271,800 2,271,800
S. SPECIAL INVENTORY 39,850 N/A 39,850 39,850
Subtotal 1,379,216,616 0 1,467,110,297 1,379,216,616
Less Total Deductions 148,992,375 0 160,902,545 148,992,375
Total Taxable Value 1,230,224,241 0 1,306,207,752 1,230,224,241

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
1,249,979,934 1,230,224,241 1,249,979,934 1,230,224,241


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,755,693 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
1,249,979,934 1,230,224,241 1,249,979,934 1,230,224,241

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

198-Robertson

147-902/Groesbeck ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 93,738 N/A 93,738 93,738
D1. QUALIFIED AG LAND 489,719 N/A 489,719 489,719
D2. REAL PROP:FARM & RANCH 201,405 N/A 201,405 201,405
E. REAL PROP NONQUAL ACREAGE 498,783 N/A 498,783 498,783
F2. INDUSTRIAL REAL 3,124,662 N/A 3,124,662 3,124,662
G. OIL,GAS,MINERALS 571,056 N/A 571,056 571,056
J. UTILITIES 543,894 N/A 543,894 543,894
L2. INDUSTRIAL PERSONAL 12,692,237 N/A 12,692,237 12,692,237
M. MOBILE HOMES 32,325 N/A 32,325 32,325
Subtotal 18,247,819 0 18,247,819 18,247,819
Less Total Deductions 193,113 0 193,113 193,113
Total Taxable Value 18,054,706 0 18,054,706 18,054,706

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
18,056,391 18,054,706 18,056,391 18,054,706


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,685 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
18,056,391 18,054,706 18,056,391 18,054,706

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

147-902-02/Groesbeck ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 318,018,705 0.9188 346,141,992 318,018,705
B. MULTIFAMILY RESIDENCES 2,740,040 N/A 2,740,040 2,740,040
C1. VACANT LOTS 17,110,183 N/A 17,110,183 17,110,183
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,894,833 1.1463 11,249,166 12,894,833
D2. REAL PROP:FARM & RANCH 6,200,209 N/A 6,200,209 6,200,209
E. REAL PROP NONQUAL ACREAGE 173,189,593 0.8870 195,247,795 173,189,593
F1. COMMERCIAL REAL 44,864,282 0.6270 71,553,879 44,864,282
F2. INDUSTRIAL REAL 428,670,732 N/A 428,670,732 428,670,732
G. OIL,GAS,MINERALS 67,118,446 1.0075 66,616,501 67,118,446
J. UTILITIES 212,950,654 0.9418 226,120,861 212,950,654
L1. COMMERCIAL PERSONAL 11,631,216 N/A 11,631,216 11,631,216
L2. INDUSTRIAL PERSONAL 90,690,787 N/A 90,690,787 90,690,787
M. MOBILE HOMES 9,670,895 N/A 9,670,895 9,670,895
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 2,271,800 N/A 2,271,800 2,271,800
S. SPECIAL INVENTORY 39,850 N/A 39,850 39,850
Subtotal 1,398,062,225 1,485,955,906 1,398,062,225
Less Total Deductions 149,324,215 161,234,385 149,324,215
Total Taxable Value 1,248,738,010 1,324,721,521 1,248,738,010

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
1,268,525,388 1,248,738,010 1,268,525,388 1,248,738,010


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
19,787,378 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
1,268,525,388 1,248,738,010 1,268,525,388 1,248,738,010

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