taxes Property Tax Assistance

2020 ISD Summary Worksheet

238-Ward /Ward County

238-904/Grandfalls-Royalty ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	7,964,400	N/A	7,964,400	7,964,400
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,258,640	N/A	1,258,640	1,258,640
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	272,717	0.7941	343,443	272,717
D2 - FARM & RANCH IMP	917,030	N/A	917,030	917,030
E - NON-AG LAND AND IMPROVEMENTS	3,900,250	N/A	3,900,250	3,900,250
F1 - COMMERCIAL REAL	573,650	N/A	573,650	573,650
F2 - INDUSTRIAL REAL	14,140	N/A	14,140	14,140
G - ALL MINERALS	73,910,900	0.9974	74,103,569	73,910,900
J - ALL UTILITIES	90,147,690	0.9503	94,862,349	90,147,690
L1 - COMMERCIAL PERSONAL	2,014,852	N/A	2,014,852	2,014,852
L2 - INDUSTRIAL PERSONAL	4,496,270	N/A	4,496,270	4,496,270
M1 - MOBILE HOMES	1,378,810	N/A	1,378,810	1,378,810
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	186,849,349	0	191,827,403	186,849,349
Less Total Deductions	8,021,921	0	8,021,921	8,021,921
Total Taxable Value	178,827,428	0	183,805,482	178,827,428

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
179,512,888	178,827,428	179,169,643	178,484,183

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
685,460	343,245

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
179,512,888	178,827,428	179,169,643	178,484,183

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

238-904-02/Grandfalls-Royalty ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	7,964,400	N/A	7,964,400	7,964,400
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,258,640	N/A	1,258,640	1,258,640
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	272,717	0.7941	343,443	272,717
D2 - FARM & RANCH IMP	917,030	N/A	917,030	917,030
E - NON-AG LAND AND IMPROVEMENTS	3,900,250	N/A	3,900,250	3,900,250
F1 - COMMERCIAL REAL	573,650	N/A	573,650	573,650
F2 - INDUSTRIAL REAL	14,140	N/A	14,140	14,140
G - ALL MINERALS	73,910,900	0.9974	74,103,569	73,910,900
J - ALL UTILITIES	90,147,690	0.9503	94,862,349	90,147,690
L1 - COMMERCIAL PERSONAL	2,014,852	N/A	2,014,852	2,014,852
L2 - INDUSTRIAL PERSONAL	4,496,270	N/A	4,496,270	4,496,270
M1 - MOBILE HOMES	1,378,810	N/A	1,378,810	1,378,810
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	186,849,349		191,827,403	186,849,349
Less Total Deductions	8,021,921		8,021,921	8,021,921
Total Taxable Value	178,827,428		183,805,482	178,827,428

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
179,512,888	178,827,428	179,169,643	178,484,183

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
685,460	343,245

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
179,512,888	178,827,428	179,169,643	178,484,183

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