taxes Property Tax Assistance

2017 ISD Summary Worksheet

091/Grayson

091-918/Tom Bean ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 160,563,370 N/A 160,563,370 160,563,370
B. Multi-Family Residences 1,436,596 N/A 1,436,596 1,436,596
C1. Vacant Lots 1,881,939 N/A 1,881,939 1,881,939
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,092,915 N/A 3,092,915 3,092,915
D2. Real Prop Farm & Ranch 3,850,657 N/A 3,850,657 3,850,657
E. Real Prop NonQual Acres 78,835,418 N/A 78,835,418 78,835,418
F1. Commercial Real 6,805,847 N/A 6,805,847 6,805,847
F2. Industrial Real 179,631 N/A 179,631 179,631
G. Oil, Gas, Minerals 37,216 N/A 37,216 37,216
J. Utilities 11,954,939 N/A 11,954,939 11,954,939
L1. Commercial Personal 4,083,647 N/A 4,083,647 4,083,647
L2. Industrial Personal 1,201,825 N/A 1,201,825 1,201,825
M. Other Personal 1,916,880 N/A 1,916,880 1,916,880
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 197,147 N/A 197,147 197,147
S. Special Inventory 11,569 N/A 11,569 11,569
Subtotal 276,049,596 276,049,596 276,049,596
Less Total Deductions 71,411,594   71,411,594 71,411,594
Total Taxable Value 204,638,002 204,638,002 204,638,002 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
214,598,160 204,638,002 214,598,160 204,638,002


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,960,158 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
214,598,160 204,638,002 214,598,160 204,638,002

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