taxes Property Tax Assistance

2021 ISD Summary Worksheet

073-Falls /Falls County

147-902/Groesbeck ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 55,600 N/A 55,600 55,600
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 97,790 N/A 97,790 97,790
D2 - FARM & RANCH IMP 58,710 N/A 58,710 58,710
E - NON-AG LAND AND IMPROVEMENTS 275,850 N/A 275,850 275,850
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 74,010 N/A 74,010 74,010
L1 - COMMERCIAL PERSONAL 840 N/A 840 840
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 16,750 N/A 16,750 16,750
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 579,550 0 579,550 579,550
Less Total Deductions 70,617 0 70,617 70,617
Total Taxable Value 508,933 0 508,933 508,933

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
528,933 508,933 528,933 508,933


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
528,933 508,933 528,933 508,933

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 /Limestone County

147-902/Groesbeck ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 368,542,419 0.9163 402,207,158 368,542,419
B - MULTIFAMILY 2,862,510 N/A 2,862,510 2,862,510
C1 - VACANT LOTS 17,733,191 N/A 17,733,191 17,733,191
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,052,233 1.0248 10,784,909 11,052,233
D2 - FARM & RANCH IMP 16,130,691 N/A 16,130,691 16,130,691
E - NON-AG LAND AND IMPROVEMENTS 198,808,436 1.0166 195,562,105 198,808,436
F1 - COMMERCIAL REAL 41,279,078 N/A 41,279,078 41,279,078
F2 - INDUSTRIAL REAL 375,685,510 N/A 375,685,510 375,685,510
G - ALL MINERALS 50,916,160 0.9804 51,934,068 50,916,160
J - ALL UTILITIES 255,126,630 0.9525 267,849,480 255,126,630
L1 - COMMERCIAL PERSONAL 11,305,021 N/A 11,305,021 11,305,021
L2 - INDUSTRIAL PERSONAL 81,130,650 N/A 81,130,650 81,130,650
M1 - MOBILE HOMES 10,116,080 N/A 10,116,080 10,116,080
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 87,300 N/A 87,300 87,300
S - SPECIAL INVENTORY 52,760 N/A 52,760 52,760
Subtotal 1,440,828,669 0 1,484,720,511 1,440,828,669
Less Total Deductions 155,922,140 0 170,185,803 155,922,140
Total Taxable Value 1,284,906,529 0 1,314,534,708 1,284,906,529

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
1,303,727,176 1,284,906,529 1,303,727,176 1,284,906,529


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,820,647 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
1,303,727,176 1,284,906,529 1,303,727,176 1,284,906,529

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

198-Robertson /Robertson County

147-902/Groesbeck ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 134,244 N/A 134,244 134,244
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 619,423 N/A 619,423 619,423
D2 - FARM & RANCH IMP 164,254 N/A 164,254 164,254
E - NON-AG LAND AND IMPROVEMENTS 907,111 N/A 907,111 907,111
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 211,685 N/A 211,685 211,685
G - ALL MINERALS 404,257 N/A 404,257 404,257
J - ALL UTILITIES 239,316 N/A 239,316 239,316
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 16,391,514 N/A 16,391,514 16,391,514
M1 - MOBILE HOMES 33,682 N/A 33,682 33,682
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 19,105,486 0 19,105,486 19,105,486
Less Total Deductions 234,947 0 234,947 234,947
Total Taxable Value 18,870,539 0 18,870,539 18,870,539

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
18,872,099 18,870,539 18,872,099 18,870,539


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,560 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
18,872,099 18,870,539 18,872,099 18,870,539

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 368,732,263 0.9163 402,397,002 368,732,263
B - MULTIFAMILY 2,862,510 N/A 2,862,510 2,862,510
C1 - VACANT LOTS 17,733,191 N/A 17,733,191 17,733,191
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,769,446 1.0232 11,502,122 11,769,446
D2 - FARM & RANCH IMP 16,353,655 N/A 16,353,655 16,353,655
E - NON-AG LAND AND IMPROVEMENTS 199,991,397 1.0165 196,745,066 199,991,397
F1 - COMMERCIAL REAL 41,279,078 N/A 41,279,078 41,279,078
F2 - INDUSTRIAL REAL 375,897,195 N/A 375,897,195 375,897,195
G - ALL MINERALS 51,320,417 0.9806 52,338,325 51,320,417
J - ALL UTILITIES 255,439,956 0.9526 268,162,806 255,439,956
L1 - COMMERCIAL PERSONAL 11,305,861 N/A 11,305,861 11,305,861
L2 - INDUSTRIAL PERSONAL 97,522,164 N/A 97,522,164 97,522,164
M1 - MOBILE HOMES 10,166,512 N/A 10,166,512 10,166,512
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 87,300 N/A 87,300 87,300
S - SPECIAL INVENTORY 52,760 N/A 52,760 52,760
Subtotal 1,460,513,705 1,504,405,547 1,460,513,705
Less Total Deductions 156,227,704 170,491,367 156,227,704
Total Taxable Value 1,304,286,001 1,333,914,180 1,304,286,001

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
1,323,128,208 1,304,286,001 1,323,128,208 1,304,286,001


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
18,842,207 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
1,323,128,208 1,304,286,001 1,323,128,208 1,304,286,001

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