taxes Property Tax Assistance

2016 ISD Summary Worksheet

098/Hansford

098-901/Gruver ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 44,818,280 N/A 44,818,280 44,818,280
B. Multi-Family Residences 627,277 N/A 627,277 627,277
C1. Vacant Lots 610,485 N/A 610,485 610,485
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,744,987 N/A 34,744,987 34,744,987
D2. Real Prop Farm & Ranch 3,990,796 N/A 3,990,796 3,990,796
E. Real Prop NonQual Acres 13,603,216 N/A 13,603,216 13,603,216
F1. Commercial Real 6,560,658 N/A 6,560,658 6,560,658
F2. Industrial Real 111,361,102 N/A 111,361,102 111,361,102
G. Oil, Gas, Minerals 25,892,110 N/A 25,892,110 25,892,110
J. Utilities 57,010,700 N/A 57,010,700 57,010,700
L1. Commercial Personal 5,139,431 N/A 5,139,431 5,139,431
L2. Industrial Personal 15,065,116 N/A 15,065,116 15,065,116
M. Other Personal 490,336 N/A 490,336 490,336
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 298,240 N/A 298,240 298,240
Subtotal 320,212,734 320,212,734 320,212,734
Less Total Deductions 56,859,584   56,859,584 56,859,584
Total Taxable Value 263,353,150 263,353,150 263,353,150 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
266,683,597 263,353,150 266,683,597 263,353,150


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,330,447 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
302,129,597 298,799,150 302,129,597 298,799,150

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

211/Sherman

098-901/Gruver ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,800 N/A 4,800 4,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,714,660 .8626 11,261,586 9,714,660
D2. Real Prop Farm & Ranch 24,660 N/A 24,660 24,660
E. Real Prop NonQual Acres 2,619,790 .9436 2,776,378 2,619,790
F1. Commercial Real 70,480 N/A 70,480 70,480
F2. Industrial Real 1,221,400 N/A 1,221,400 1,221,400
G. Oil, Gas, Minerals 5,683,570 1.0211 5,566,125 5,683,570
J. Utilities 1,965,620 N/A 1,965,620 1,965,620
L1. Commercial Personal 1,103,340 N/A 1,103,340 1,103,340
L2. Industrial Personal 712,790 N/A 712,790 712,790
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 23,121,110 24,707,179 23,121,110
Less Total Deductions 241,115   241,115 241,115
Total Taxable Value 22,879,995 24,466,064 22,879,995 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
22,939,995 22,879,995 22,939,995 22,879,995


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,000 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
22,939,995 22,879,995 22,939,995 22,879,995

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 invalid, but local value was certified because your school district is in year one of the grace period.

098-901/Gruver ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 44,818,280 N/A 44,818,280 44,818,280
B. Multi-Family Residences 627,277 N/A 627,277 627,277
C1. Vacant Lots 615,285 N/A 615,285 615,285
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 44,459,647 .9664 46,006,573 44,459,647
D2. Real Prop Farm & Ranch 4,015,456 N/A 4,015,456 4,015,456
E. Real Prop NonQual Acres 16,223,006 .9904 16,379,594 16,223,006
F1. Commercial Real 6,631,138 N/A 6,631,138 6,631,138
F2. Industrial Real 112,582,502 N/A 112,582,502 112,582,502
G. Oil, Gas, Minerals 31,575,680 1.0037 31,458,235 31,575,680
J. Utilities 58,976,320 N/A 58,976,320 58,976,320
L1. Commercial Personal 6,242,771 N/A 6,242,771 6,242,771
L2. Industrial Personal 15,777,906 N/A 15,777,906 15,777,906
M. Other Personal 490,336 N/A 490,336 490,336
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 298,240 N/A 298,240 298,240
Subtotal 343,333,844 344,919,913 343,333,844
Less Total Deductions 57,100,699   57,100,699 57,100,699
Total Taxable Value 286,233,145 287,819,214 286,233,145 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