taxes Property Tax Assistance

2023 ISD Summary Worksheet

156-Martin/Martin County

156-905/Grady ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,494,300 N/A 2,494,300 2,494,300
B - MULTIFAMILY 345,450 N/A 345,450 345,450
C1 - VACANT LOTS 72,680 N/A 72,680 72,680
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,383,900 N/A 3,383,900 3,383,900
D2 - FARM & RANCH IMP 6,618,760 N/A 6,618,760 6,618,760
E - NON-AG LAND AND IMPROVEMENTS 38,158,490 N/A 38,158,490 38,158,490
F1 - COMMERCIAL REAL 2,465,770 N/A 2,465,770 2,465,770
F2 - INDUSTRIAL REAL 129,193,200 N/A 129,193,200 129,193,200
G - ALL MINERALS 9,285,510,380 N/A 9,285,510,380 9,285,510,380
J - ALL UTILITIES 375,304,750 N/A 375,304,750 375,304,750
L1 - COMMERCIAL PERSONAL 547,090 N/A 547,090 547,090
L2 - INDUSTRIAL PERSONAL 123,712,880 N/A 123,712,880 123,712,880
M1 - MOBILE HOMES 1,842,020 N/A 1,842,020 1,842,020
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 9,969,649,670 0 9,969,649,670 9,969,649,670
Less Total Deductions 30,950,598 0 30,950,598 30,950,598
Total Taxable Value 9,938,699,072 0 9,938,699,072 9,938,699,072

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 9,943,272,142 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,938,699,072 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 9,942,167,467 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,937,594,397 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,944,937,142 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 9,946,047,142 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 9,939,324,358 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 9,943,272,142 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,938,699,072 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 9,942,167,467 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,937,594,397 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,944,937,142 T13 plus the loss to the chapter 313 agreement
T16 9,946,047,142 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 9,939,324,358 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,573,070 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 1,104,675 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,665,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,110,000 Loss to Second Previous Homestead Increase

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

156-905-02/Grady ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,494,300 N/A 2,494,300 2,494,300
B - MULTIFAMILY 345,450 N/A 345,450 345,450
C1 - VACANT LOTS 72,680 N/A 72,680 72,680
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,383,900 N/A 3,383,900 3,383,900
D2 - FARM & RANCH IMP 6,618,760 N/A 6,618,760 6,618,760
E - NON-AG LAND AND IMPROVEMENTS 38,158,490 N/A 38,158,490 38,158,490
F1 - COMMERCIAL REAL 2,465,770 N/A 2,465,770 2,465,770
F2 - INDUSTRIAL REAL 129,193,200 N/A 129,193,200 129,193,200
G - ALL MINERALS 9,285,510,380 N/A 9,285,510,380 9,285,510,380
J - ALL UTILITIES 375,304,750 N/A 375,304,750 375,304,750
L1 - COMMERCIAL PERSONAL 547,090 N/A 547,090 547,090
L2 - INDUSTRIAL PERSONAL 123,712,880 N/A 123,712,880 123,712,880
M1 - MOBILE HOMES 1,842,020 N/A 1,842,020 1,842,020
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 9,969,649,670 9,969,649,670 9,969,649,670
Less Total Deductions 30,950,598 30,950,598 30,950,598
Total Taxable Value 9,938,699,072 9,938,699,072 9,938,699,072

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 9,943,272,142 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,938,699,072 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 9,942,167,467 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,937,594,397 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,944,937,142 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 9,946,047,142 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 9,939,324,358 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 9,943,272,142 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,938,699,072 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 9,942,167,467 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,937,594,397 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,944,937,142 T13 plus the loss to the chapter 313 agreement
T16 9,946,047,142 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 9,939,324,358 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,573,070 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 1,104,675 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,665,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,110,000 Loss to Second Previous Homestead Increase