taxes Property Tax Assistance

2016 ISD Summary Worksheet

091/Grayson

091-905/Howe ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 173,161,995 .9613 180,133,148 173,161,995
B. Multi-Family Residences 3,892,294 N/A 3,892,294 3,892,294
C1. Vacant Lots 3,179,857 N/A 3,179,857 3,179,857
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,574,489 1.1490 4,851,711 5,574,489
D2. Real Prop Farm & Ranch 2,887,495 N/A 2,887,495 2,887,495
E. Real Prop NonQual Acres 49,560,161 1.0279 48,214,964 49,560,161
F1. Commercial Real 15,902,368 .8688 18,303,831 15,902,368
F2. Industrial Real 2,294,865 N/A 2,294,865 2,294,865
G. Oil, Gas, Minerals 1,389,957 N/A 1,389,957 1,389,957
J. Utilities 19,241,071 .9580 20,084,625 19,241,071
L1. Commercial Personal 6,089,711 N/A 6,089,711 6,089,711
L2. Industrial Personal 5,941,415 N/A 5,941,415 5,941,415
M. Other Personal 1,061,185 N/A 1,061,185 1,061,185
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 922,802 N/A 922,802 922,802
S. Special Inventory 0 N/A 0 0
Subtotal 291,099,665 299,247,860 291,099,665
Less Total Deductions 62,613,005   65,274,552 62,613,005
Total Taxable Value 228,486,660 233,973,308 228,486,660 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
238,765,818 228,486,660 238,765,818 228,486,660


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,279,158 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
238,765,818 228,486,660 238,765,818 228,486,660

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