taxes Property Tax Assistance

2022 ISD Summary Worksheet

091-Grayson /Grayson County

091-918/Tom Bean ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	346,020,161	1.0083	343,171,835	346,020,161
B - MULTIFAMILY	2,768,512	N/A	2,768,512	2,768,512
C1 - VACANT LOTS	5,035,000	N/A	5,035,000	5,035,000
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,075,924	1.2460	1,666,122	2,075,924
D2 - FARM & RANCH IMP	4,512,382	N/A	4,512,382	4,512,382
E - NON-AG LAND AND IMPROVEMENTS	160,467,635	1.0585	151,599,088	160,467,635
F1 - COMMERCIAL REAL	12,557,563	N/A	12,557,563	12,557,563
F2 - INDUSTRIAL REAL	274,634	N/A	274,634	274,634
G - ALL MINERALS	127,112	N/A	127,112	127,112
J - ALL UTILITIES	15,139,043	N/A	15,139,043	15,139,043
L1 - COMMERCIAL PERSONAL	7,061,434	N/A	7,061,434	7,061,434
L2 - INDUSTRIAL PERSONAL	84,193	N/A	84,193	84,193
M1 - MOBILE HOMES	3,960,911	N/A	3,960,911	3,960,911
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,743,848	N/A	1,743,848	1,743,848
S - SPECIAL INVENTORY	21,140	N/A	21,140	21,140
Subtotal	561,849,492	0	549,722,817	561,849,492
Less Total Deductions	171,251,936	0	169,724,348	171,251,936
Total Taxable Value	390,597,556	0	379,998,469	390,597,556

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	T13
405,948,418	390,597,556	405,948,418	390,597,556	420,258,418

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
15,350,862	0	14,310,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
405,948,418	390,597,556	405,948,418	390,597,556	420,258,418

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

091-918-02/Tom Bean ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	346,020,161	1.0083	343,171,835	346,020,161
B - MULTIFAMILY	2,768,512	N/A	2,768,512	2,768,512
C1 - VACANT LOTS	5,035,000	N/A	5,035,000	5,035,000
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,075,924	1.2460	1,666,122	2,075,924
D2 - FARM & RANCH IMP	4,512,382	N/A	4,512,382	4,512,382
E - NON-AG LAND AND IMPROVEMENTS	160,467,635	1.0585	151,599,088	160,467,635
F1 - COMMERCIAL REAL	12,557,563	N/A	12,557,563	12,557,563
F2 - INDUSTRIAL REAL	274,634	N/A	274,634	274,634
G - ALL MINERALS	127,112	N/A	127,112	127,112
J - ALL UTILITIES	15,139,043	N/A	15,139,043	15,139,043
L1 - COMMERCIAL PERSONAL	7,061,434	N/A	7,061,434	7,061,434
L2 - INDUSTRIAL PERSONAL	84,193	N/A	84,193	84,193
M1 - MOBILE HOMES	3,960,911	N/A	3,960,911	3,960,911
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,743,848	N/A	1,743,848	1,743,848
S - SPECIAL INVENTORY	21,140	N/A	21,140	21,140
Subtotal	561,849,492		549,722,817	561,849,492
Less Total Deductions	171,251,936		169,724,348	171,251,936
Total Taxable Value	390,597,556		379,998,469	390,597,556

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	T13
405,948,418	390,597,556	405,948,418	390,597,556	420,258,418

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
15,350,862	0	14,310,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
405,948,418	390,597,556	405,948,418	390,597,556	420,258,418

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement