taxes Property Tax Assistance

2023 ISD Summary Worksheet

091-Grayson/Grayson County

091-906/Sherman ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,205,227,954 N/A 3,205,227,954 3,205,227,954
B - MULTIFAMILY 425,417,122 N/A 425,417,122 425,417,122
C1 - VACANT LOTS 133,461,785 N/A 133,461,785 133,461,785
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,514,632 N/A 1,514,632 1,514,632
D2 - FARM & RANCH IMP 3,893,011 N/A 3,893,011 3,893,011
E - NON-AG LAND AND IMPROVEMENTS 233,116,805 N/A 233,116,805 233,116,805
F1 - COMMERCIAL REAL 1,107,582,064 N/A 1,107,582,064 1,107,582,064
F2 - INDUSTRIAL REAL 727,368,042 N/A 727,368,042 727,368,042
G - ALL MINERALS 37,338,839 N/A 37,338,839 37,338,839
J - ALL UTILITIES 144,290,601 N/A 144,290,601 144,290,601
L1 - COMMERCIAL PERSONAL 384,630,916 N/A 384,630,916 384,630,916
L2 - INDUSTRIAL PERSONAL 503,747,737 N/A 503,747,737 503,747,737
M1 - MOBILE HOMES 15,785,359 N/A 15,785,359 15,785,359
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 64,297,202 N/A 64,297,202 64,297,202
S - SPECIAL INVENTORY 34,746,449 N/A 34,746,449 34,746,449
Subtotal 7,022,418,518 0 7,022,418,518 7,022,418,518
Less Total Deductions 1,779,294,165 0 1,779,294,165 1,779,294,165
Total Taxable Value 5,243,124,353 0 5,243,124,353 5,243,124,353

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

Measure Value Description
T1 5,662,392,064 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 5,243,124,353 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 5,662,392,064 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 5,243,124,353 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 5,791,512,064 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 5,877,592,064 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 5,350,809,917 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 5,662,392,064 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 5,243,124,353 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 5,662,392,064 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 5,243,124,353 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 5,791,512,064 T13 plus the loss to the chapter 313 agreement
T16 5,877,592,064 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 5,350,809,917 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 419,267,711 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 129,120,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 86,080,000 Loss to Second Previous Homestead Increase

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

091-906-02/Sherman ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,205,227,954 N/A 3,205,227,954 3,205,227,954
B - MULTIFAMILY 425,417,122 N/A 425,417,122 425,417,122
C1 - VACANT LOTS 133,461,785 N/A 133,461,785 133,461,785
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,514,632 N/A 1,514,632 1,514,632
D2 - FARM & RANCH IMP 3,893,011 N/A 3,893,011 3,893,011
E - NON-AG LAND AND IMPROVEMENTS 233,116,805 N/A 233,116,805 233,116,805
F1 - COMMERCIAL REAL 1,107,582,064 N/A 1,107,582,064 1,107,582,064
F2 - INDUSTRIAL REAL 727,368,042 N/A 727,368,042 727,368,042
G - ALL MINERALS 37,338,839 N/A 37,338,839 37,338,839
J - ALL UTILITIES 144,290,601 N/A 144,290,601 144,290,601
L1 - COMMERCIAL PERSONAL 384,630,916 N/A 384,630,916 384,630,916
L2 - INDUSTRIAL PERSONAL 503,747,737 N/A 503,747,737 503,747,737
M1 - MOBILE HOMES 15,785,359 N/A 15,785,359 15,785,359
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 64,297,202 N/A 64,297,202 64,297,202
S - SPECIAL INVENTORY 34,746,449 N/A 34,746,449 34,746,449
Subtotal 7,022,418,518 7,022,418,518 7,022,418,518
Less Total Deductions 1,779,294,165 1,779,294,165 1,779,294,165
Total Taxable Value 5,243,124,353 5,243,124,353 5,243,124,353

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

Measure Value Description
T1 5,662,392,064 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 5,243,124,353 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 5,662,392,064 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 5,243,124,353 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 5,791,512,064 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 5,877,592,064 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 5,350,809,917 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 5,662,392,064 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 5,243,124,353 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 5,662,392,064 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 5,243,124,353 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 5,791,512,064 T13 plus the loss to the chapter 313 agreement
T16 5,877,592,064 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 5,350,809,917 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 419,267,711 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 129,120,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 86,080,000 Loss to Second Previous Homestead Increase