taxes Property Tax Assistance

2022 ISD Summary Worksheet

238-Ward /Ward County

238-904/Grandfalls-Royalty ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	10,636,540	0.9647	11,025,749	10,636,540
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,362,980	N/A	1,362,980	1,362,980
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	210,030	0.7924	265,065	210,030
D2 - FARM & RANCH IMP	718,440	N/A	718,440	718,440
E - NON-AG LAND AND IMPROVEMENTS	4,402,670	N/A	4,402,670	4,402,670
F1 - COMMERCIAL REAL	600,920	N/A	600,920	600,920
F2 - INDUSTRIAL REAL	12,950	N/A	12,950	12,950
G - ALL MINERALS	48,125,880	1.0115	47,578,725	48,125,880
J - ALL UTILITIES	93,993,620	0.9229	101,845,942	93,993,620
L1 - COMMERCIAL PERSONAL	302,380	N/A	302,380	302,380
L2 - INDUSTRIAL PERSONAL	4,879,120	N/A	4,879,120	4,879,120
M1 - MOBILE HOMES	3,459,540	N/A	3,459,540	3,459,540
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	168,705,070	0	176,454,481	168,705,070
Less Total Deductions	10,190,240	0	10,344,227	10,190,240
Total Taxable Value	158,514,830	0	166,110,254	158,514,830

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
159,309,630	158,514,830	158,871,850	158,077,050	160,549,630

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
794,800	437,780	1,240,000

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
159,309,630	158,514,830	158,871,850	158,077,050	160,549,630

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

238-904-02/Grandfalls-Royalty ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	10,636,540	0.9647	11,025,749	10,636,540
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,362,980	N/A	1,362,980	1,362,980
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	210,030	0.7924	265,065	210,030
D2 - FARM & RANCH IMP	718,440	N/A	718,440	718,440
E - NON-AG LAND AND IMPROVEMENTS	4,402,670	N/A	4,402,670	4,402,670
F1 - COMMERCIAL REAL	600,920	N/A	600,920	600,920
F2 - INDUSTRIAL REAL	12,950	N/A	12,950	12,950
G - ALL MINERALS	48,125,880	1.0115	47,578,725	48,125,880
J - ALL UTILITIES	93,993,620	0.9229	101,845,942	93,993,620
L1 - COMMERCIAL PERSONAL	302,380	N/A	302,380	302,380
L2 - INDUSTRIAL PERSONAL	4,879,120	N/A	4,879,120	4,879,120
M1 - MOBILE HOMES	3,459,540	N/A	3,459,540	3,459,540
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	168,705,070		176,454,481	168,705,070
Less Total Deductions	10,190,240		10,344,227	10,190,240
Total Taxable Value	158,514,830		166,110,254	158,514,830

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
159,309,630	158,514,830	158,871,850	158,077,050	160,549,630

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
794,800	437,780	1,240,000

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
159,309,630	158,514,830	158,871,850	158,077,050	160,549,630

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