taxes Property Tax Assistance

2018 ISD Summary Worksheet

091/Grayson

091-907/Tioga ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 73,675,040 .9289 79,314,286 73,675,040
B. Multi-Family Residences 1,901,098 N/A 1,901,098 1,901,098
C1. Vacant Lots 2,717,224 N/A 2,717,224 2,717,224
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,839,792 1.3190 1,394,810 1,839,792
D2. Real Prop Farm & Ranch 5,070,677 N/A 5,070,677 5,070,677
E. Real Prop NonQual Acres 33,642,984 1.0064 33,429,038 33,642,984
F1. Commercial Real 7,118,017 N/A 7,118,017 7,118,017
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,404,133 N/A 1,404,133 1,404,133
J. Utilities 4,930,578 N/A 4,930,578 4,930,578
L1. Commercial Personal 2,055,381 N/A 2,055,381 2,055,381
L2. Industrial Personal 697,478 N/A 697,478 697,478
M. Other Personal 144,521 N/A 144,521 144,521
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 101,727 N/A 101,727 101,727
S. Special Inventory 34,129 N/A 34,129 34,129
Subtotal 135,332,779 140,313,097 135,332,779
Less Total Deductions 24,482,445   26,581,021 24,482,445
Total Taxable Value 110,850,334 113,732,076 110,850,334 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
114,461,108 110,850,334 114,461,108 110,850,334


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,610,774 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
114,461,108 110,850,334 114,461,108 110,850,334

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