taxes Property Tax Assistance

2023 ISD Summary Worksheet

175-Navarro/Navarro County

175-902/Blooming Grove ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 136,070,300 0.9760 139,416,291 136,070,300
B - MULTIFAMILY 850,340 N/A 850,340 850,340
C1 - VACANT LOTS 10,454,700 N/A 10,454,700 10,454,700
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,798,466 1.0969 10,756,086 11,798,466
D2 - FARM & RANCH IMP 2,044,480 N/A 2,044,480 2,044,480
E - NON-AG LAND AND IMPROVEMENTS 298,280,430 0.9952 299,719,082 298,280,430
F1 - COMMERCIAL REAL 4,723,650 N/A 4,723,650 4,723,650
F2 - INDUSTRIAL REAL 110,650,160 N/A 110,650,160 110,650,160
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 80,830,650 1.0064 80,316,624 80,830,650
L1 - COMMERCIAL PERSONAL 6,568,610 N/A 6,568,610 6,568,610
L2 - INDUSTRIAL PERSONAL 1,027,250 N/A 1,027,250 1,027,250
M1 - MOBILE HOMES 14,760,540 N/A 14,760,540 14,760,540
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,100 N/A 8,100 8,100
Subtotal 678,067,676 0 681,295,913 678,067,676
Less Total Deductions 284,560,542 0 287,940,312 284,560,542
Total Taxable Value 393,507,134 0 393,355,601 393,507,134

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 440,654,347 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 393,507,134 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 440,654,347 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 393,507,134 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 458,759,347 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 470,829,347 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 407,569,928 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 531,005,627 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 483,858,414 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 531,005,627 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 483,858,414 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 549,110,627 T13 plus the loss to the chapter 313 agreement
T16 561,180,627 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 497,921,208 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 47,147,213 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 18,105,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 12,070,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

175-902-02/Blooming Grove ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 136,070,300 0.9760 139,416,291 136,070,300
B - MULTIFAMILY 850,340 N/A 850,340 850,340
C1 - VACANT LOTS 10,454,700 N/A 10,454,700 10,454,700
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,798,466 1.0969 10,756,086 11,798,466
D2 - FARM & RANCH IMP 2,044,480 N/A 2,044,480 2,044,480
E - NON-AG LAND AND IMPROVEMENTS 298,280,430 0.9952 299,719,082 298,280,430
F1 - COMMERCIAL REAL 4,723,650 N/A 4,723,650 4,723,650
F2 - INDUSTRIAL REAL 110,650,160 N/A 110,650,160 110,650,160
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 80,830,650 1.0064 80,316,624 80,830,650
L1 - COMMERCIAL PERSONAL 6,568,610 N/A 6,568,610 6,568,610
L2 - INDUSTRIAL PERSONAL 1,027,250 N/A 1,027,250 1,027,250
M1 - MOBILE HOMES 14,760,540 N/A 14,760,540 14,760,540
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,100 N/A 8,100 8,100
Subtotal 678,067,676 681,295,913 678,067,676
Less Total Deductions 284,560,542 287,940,312 284,560,542
Total Taxable Value 393,507,134 393,355,601 393,507,134

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 440,654,347 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 393,507,134 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 440,654,347 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 393,507,134 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 458,759,347 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 470,829,347 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 407,569,928 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 531,005,627 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 483,858,414 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 531,005,627 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 483,858,414 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 549,110,627 T13 plus the loss to the chapter 313 agreement
T16 561,180,627 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 497,921,208 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 47,147,213 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 18,105,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 12,070,000 Loss to Second Previous Homestead Increase