taxes Property Tax Assistance

2016 ISD Summary Worksheet

091/Grayson

091-907/Tioga ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 56,529,188 1.0033 56,343,255 56,529,188
B. Multi-Family Residences 1,627,463 N/A 1,627,463 1,627,463
C1. Vacant Lots 2,024,129 N/A 2,024,129 2,024,129
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,916,125 1.1435 1,675,714 1,916,125
D2. Real Prop Farm & Ranch 5,442,170 1.0430 5,217,804 5,442,170
E. Real Prop NonQual Acres 27,757,767 1.0371 26,764,793 27,757,767
F1. Commercial Real 5,040,746 .8513 5,921,233 5,040,746
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 493,035 N/A 493,035 493,035
J. Utilities 4,459,343 N/A 4,459,343 4,459,343
L1. Commercial Personal 1,204,983 N/A 1,204,983 1,204,983
L2. Industrial Personal 824,312 N/A 824,312 824,312
M. Other Personal 146,603 N/A 146,603 146,603
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 195,219 N/A 195,219 195,219
S. Special Inventory 10,184 N/A 10,184 10,184
Subtotal 107,671,267 106,908,070 107,671,267
Less Total Deductions 19,962,450   19,895,876 19,962,450
Total Taxable Value 87,708,817 87,012,194 87,708,817 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
91,094,667 87,708,817 91,094,667 87,708,817


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,385,850 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
91,094,667 87,708,817 91,094,667 87,708,817

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