taxes Property Tax Assistance

2016 ISD Summary Worksheet

091/Grayson

091-918/Tom Bean ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 154,826,965 .9901 156,375,078 154,826,965
B. Multi-Family Residences 1,409,893 N/A 1,409,893 1,409,893
C1. Vacant Lots 1,747,883 N/A 1,747,883 1,747,883
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,085,143 1.1901 2,592,362 3,085,143
D2. Real Prop Farm & Ranch 3,917,601 N/A 3,917,601 3,917,601
E. Real Prop NonQual Acres 73,232,979 1.0455 70,045,891 73,232,979
F1. Commercial Real 6,826,673 N/A 6,826,673 6,826,673
F2. Industrial Real 178,255 N/A 178,255 178,255
G. Oil, Gas, Minerals 24,432 N/A 24,432 24,432
J. Utilities 12,109,980 .9251 13,090,455 12,109,980
L1. Commercial Personal 3,558,361 N/A 3,558,361 3,558,361
L2. Industrial Personal 1,386,838 N/A 1,386,838 1,386,838
M. Other Personal 1,993,111 N/A 1,993,111 1,993,111
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 99,180 N/A 99,180 99,180
S. Special Inventory 9,081 N/A 9,081 9,081
Subtotal 264,406,375 263,255,094 264,406,375
Less Total Deductions 76,042,200   76,883,320 76,042,200
Total Taxable Value 188,364,175 186,371,774 188,364,175 T2

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
198,142,309 188,364,175 198,142,309 188,364,175


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,778,134 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
198,142,309 188,364,175 198,142,309 188,364,175

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

The PVS found your local value to be valid, and local value was certified