taxes Property Tax Assistance

2016 ISD Summary Worksheet

091/Grayson

091-901/Bells ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 101,595,610 .9613 105,685,644 101,595,610
B. Multi-Family Residences 1,440,850 N/A 1,440,850 1,440,850
C1. Vacant Lots 1,666,801 N/A 1,666,801 1,666,801
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,282,994 1.3235 1,725,030 2,282,994
D2. Real Prop Farm & Ranch 2,993,463 N/A 2,993,463 2,993,463
E. Real Prop NonQual Acres 63,382,097 1.0088 62,829,200 63,382,097
F1. Commercial Real 10,634,457 N/A 10,634,457 10,634,457
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 33,224,014 .9328 35,617,511 33,224,014
L1. Commercial Personal 9,093,595 N/A 9,093,595 9,093,595
L2. Industrial Personal 29,941,542 N/A 29,941,542 29,941,542
M. Other Personal 2,128,126 N/A 2,128,126 2,128,126
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 162,453 N/A 162,453 162,453
S. Special Inventory 0 N/A 0 0
Subtotal 258,546,002 263,918,672 258,546,002
Less Total Deductions 52,826,951   54,738,069 52,826,951
Total Taxable Value 205,719,051 209,180,603 205,719,051 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
214,818,961 205,719,051 214,818,961 205,719,051


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,099,910 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
214,818,961 205,719,051 214,818,961 205,719,051

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