taxes Property Tax Assistance

2021 ISD Summary Worksheet

156-Martin /Martin County

156-905/Grady ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,276,400 N/A 2,276,400 2,276,400
B - MULTIFAMILY 339,220 N/A 339,220 339,220
C1 - VACANT LOTS 1,753,350 N/A 1,753,350 1,753,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,588,920 N/A 5,588,920 5,588,920
D2 - FARM & RANCH IMP 5,780,660 N/A 5,780,660 5,780,660
E - NON-AG LAND AND IMPROVEMENTS 30,572,330 N/A 30,572,330 30,572,330
F1 - COMMERCIAL REAL 475,740 N/A 475,740 475,740
F2 - INDUSTRIAL REAL 83,322,260 N/A 83,322,260 83,322,260
G - ALL MINERALS 3,024,190,110 N/A 3,024,190,110 3,024,190,110
J - ALL UTILITIES 228,422,120 N/A 228,422,120 228,422,120
L1 - COMMERCIAL PERSONAL 19,654,260 N/A 19,654,260 19,654,260
L2 - INDUSTRIAL PERSONAL 57,053,200 N/A 57,053,200 57,053,200
M1 - MOBILE HOMES 1,910,390 N/A 1,910,390 1,910,390
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 3,461,338,960 0 3,461,338,960 3,461,338,960
Less Total Deductions 16,409,255 0 16,409,255 16,409,255
Total Taxable Value 3,444,929,705 0 3,444,929,705 3,444,929,705

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
3,445,996,655 3,444,929,705 3,444,704,645 3,443,637,695


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,066,950 1,292,010


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
3,445,996,655 3,444,929,705 3,444,704,645 3,443,637,695

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,276,400 N/A 2,276,400 2,276,400
B - MULTIFAMILY 339,220 N/A 339,220 339,220
C1 - VACANT LOTS 1,753,350 N/A 1,753,350 1,753,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,588,920 N/A 5,588,920 5,588,920
D2 - FARM & RANCH IMP 5,780,660 N/A 5,780,660 5,780,660
E - NON-AG LAND AND IMPROVEMENTS 30,572,330 N/A 30,572,330 30,572,330
F1 - COMMERCIAL REAL 475,740 N/A 475,740 475,740
F2 - INDUSTRIAL REAL 83,322,260 N/A 83,322,260 83,322,260
G - ALL MINERALS 3,024,190,110 N/A 3,024,190,110 3,024,190,110
J - ALL UTILITIES 228,422,120 N/A 228,422,120 228,422,120
L1 - COMMERCIAL PERSONAL 19,654,260 N/A 19,654,260 19,654,260
L2 - INDUSTRIAL PERSONAL 57,053,200 N/A 57,053,200 57,053,200
M1 - MOBILE HOMES 1,910,390 N/A 1,910,390 1,910,390
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 3,461,338,960 3,461,338,960 3,461,338,960
Less Total Deductions 16,409,255 16,409,255 16,409,255
Total Taxable Value 3,444,929,705 3,444,929,705 3,444,929,705

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
3,445,996,655 3,444,929,705 3,444,704,645 3,443,637,695


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,066,950 1,292,010


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
3,445,996,655 3,444,929,705 3,444,704,645 3,443,637,695

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