taxes Property Tax Assistance

2021 ISD Summary Worksheet

091-Grayson /Grayson County

091-901/Bells ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	178,682,638	N/A	178,682,638	178,682,638
B - MULTIFAMILY	3,214,683	N/A	3,214,683	3,214,683
C1 - VACANT LOTS	3,002,673	N/A	3,002,673	3,002,673
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,575,842	N/A	1,575,842	1,575,842
D2 - FARM & RANCH IMP	5,184,920	N/A	5,184,920	5,184,920
E - NON-AG LAND AND IMPROVEMENTS	127,358,026	N/A	127,358,026	127,358,026
F1 - COMMERCIAL REAL	10,768,505	N/A	10,768,505	10,768,505
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	67,284,365	N/A	67,284,365	67,284,365
L1 - COMMERCIAL PERSONAL	9,398,656	N/A	9,398,656	9,398,656
L2 - INDUSTRIAL PERSONAL	26,148,570	N/A	26,148,570	26,148,570
M1 - MOBILE HOMES	3,566,222	N/A	3,566,222	3,566,222
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	436,185,100	0	436,185,100	436,185,100
Less Total Deductions	86,968,862	0	86,968,862	86,968,862
Total Taxable Value	349,216,238	0	349,216,238	349,216,238

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
358,801,571	349,216,238	358,801,571	349,216,238

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,585,333	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
358,801,571	349,216,238	358,801,571	349,216,238

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

091-901-02/Bells ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	178,682,638	N/A	178,682,638	178,682,638
B - MULTIFAMILY	3,214,683	N/A	3,214,683	3,214,683
C1 - VACANT LOTS	3,002,673	N/A	3,002,673	3,002,673
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,575,842	N/A	1,575,842	1,575,842
D2 - FARM & RANCH IMP	5,184,920	N/A	5,184,920	5,184,920
E - NON-AG LAND AND IMPROVEMENTS	127,358,026	N/A	127,358,026	127,358,026
F1 - COMMERCIAL REAL	10,768,505	N/A	10,768,505	10,768,505
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	67,284,365	N/A	67,284,365	67,284,365
L1 - COMMERCIAL PERSONAL	9,398,656	N/A	9,398,656	9,398,656
L2 - INDUSTRIAL PERSONAL	26,148,570	N/A	26,148,570	26,148,570
M1 - MOBILE HOMES	3,566,222	N/A	3,566,222	3,566,222
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	436,185,100		436,185,100	436,185,100
Less Total Deductions	86,968,862		86,968,862	86,968,862
Total Taxable Value	349,216,238		349,216,238	349,216,238

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
358,801,571	349,216,238	358,801,571	349,216,238

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
9,585,333	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
358,801,571	349,216,238	358,801,571	349,216,238

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