taxes Property Tax Assistance

2019 ISD Summary Worksheet

091-Grayson

091-906/Sherman ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,594,431,255 N/A 1,594,431,255 1,594,431,255
B. MULTIFAMILY RESIDENCES 227,146,663 N/A 227,146,663 227,146,663
C1. VACANT LOTS 47,592,185 N/A 47,592,185 47,592,185
D1. QUALIFIED AG LAND 2,410,317 N/A 2,410,317 2,410,317
D2. REAL PROP:FARM & RANCH 1,950,035 N/A 1,950,035 1,950,035
E. REAL PROP NONQUAL ACREAGE 80,472,084 N/A 80,472,084 80,472,084
F1. COMMERCIAL REAL 775,620,379 N/A 775,620,379 775,620,379
F2. INDUSTRIAL REAL 467,343,762 N/A 467,343,762 467,343,762
G. OIL,GAS,MINERALS 37,271,696 N/A 37,271,696 37,271,696
J. UTILITIES 98,975,020 N/A 98,975,020 98,975,020
L1. COMMERCIAL PERSONAL 270,623,187 N/A 270,623,187 270,623,187
L2. INDUSTRIAL PERSONAL 436,639,373 N/A 436,639,373 436,639,373
M. MOBILE HOMES 5,291,333 N/A 5,291,333 5,291,333
O. RESIDENTIAL INVENTORY 13,238,996 N/A 13,238,996 13,238,996
S. SPECIAL INVENTORY 26,467,640 N/A 26,467,640 26,467,640
Subtotal 4,085,473,925 0 4,085,473,925 4,085,473,925
Less Total Deductions 577,862,069 0 577,862,069 577,862,069
Total Taxable Value 3,507,611,856 0 3,507,611,856 3,507,611,856

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
3,577,015,281 3,507,611,856 3,577,015,281 3,507,611,856


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
69,403,425 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
3,577,015,281 3,507,611,856 3,577,015,281 3,507,611,856

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

091-906-02/Sherman ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,594,431,255 N/A 1,594,431,255 1,594,431,255
B. MULTIFAMILY RESIDENCES 227,146,663 N/A 227,146,663 227,146,663
C1. VACANT LOTS 47,592,185 N/A 47,592,185 47,592,185
D1. QUALIFIED AG LAND 2,410,317 N/A 2,410,317 2,410,317
D2. REAL PROP:FARM & RANCH 1,950,035 N/A 1,950,035 1,950,035
E. REAL PROP NONQUAL ACREAGE 80,472,084 N/A 80,472,084 80,472,084
F1. COMMERCIAL REAL 775,620,379 N/A 775,620,379 775,620,379
F2. INDUSTRIAL REAL 467,343,762 N/A 467,343,762 467,343,762
G. OIL,GAS,MINERALS 37,271,696 N/A 37,271,696 37,271,696
J. UTILITIES 98,975,020 N/A 98,975,020 98,975,020
L1. COMMERCIAL PERSONAL 270,623,187 N/A 270,623,187 270,623,187
L2. INDUSTRIAL PERSONAL 436,639,373 N/A 436,639,373 436,639,373
M. MOBILE HOMES 5,291,333 N/A 5,291,333 5,291,333
O. RESIDENTIAL INVENTORY 13,238,996 N/A 13,238,996 13,238,996
S. SPECIAL INVENTORY 26,467,640 N/A 26,467,640 26,467,640
Subtotal 4,085,473,925 4,085,473,925 4,085,473,925
Less Total Deductions 577,862,069 577,862,069 577,862,069
Total Taxable Value 3,507,611,856 3,507,611,856 3,507,611,856

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
3,577,015,281 3,507,611,856 3,577,015,281 3,507,611,856


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
69,403,425 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
3,577,015,281 3,507,611,856 3,577,015,281 3,507,611,856

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