taxes Property Tax Assistance

2022 ISD Summary Worksheet

091-Grayson /Grayson County

091-905/Howe ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 433,726,766 0.9458 458,581,905 433,726,766
B - MULTIFAMILY 12,278,438 N/A 12,278,438 12,278,438
C1 - VACANT LOTS 9,538,570 N/A 9,538,570 9,538,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,030,309 1.1569 3,483,653 4,030,309
D2 - FARM & RANCH IMP 5,492,795 N/A 5,492,795 5,492,795
E - NON-AG LAND AND IMPROVEMENTS 100,532,270 1.0115 99,389,293 100,532,270
F1 - COMMERCIAL REAL 27,212,604 N/A 27,212,604 27,212,604
F2 - INDUSTRIAL REAL 2,746,115 N/A 2,746,115 2,746,115
G - ALL MINERALS 843,221 N/A 843,221 843,221
J - ALL UTILITIES 33,222,860 0.9097 36,520,677 33,222,860
L1 - COMMERCIAL PERSONAL 10,198,609 N/A 10,198,609 10,198,609
L2 - INDUSTRIAL PERSONAL 5,768,631 N/A 5,768,631 5,768,631
M1 - MOBILE HOMES 8,872,231 N/A 8,872,231 8,872,231
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,698,262 N/A 8,698,262 8,698,262
S - SPECIAL INVENTORY 124,883 N/A 124,883 124,883
Subtotal 663,286,564 0 689,749,887 663,286,564
Less Total Deductions 183,836,930 0 195,162,200 183,836,930
Total Taxable Value 479,449,634 0 494,587,687 479,449,634

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 T13
495,264,853 479,449,634 495,264,853 479,449,634 509,144,853


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,815,219 0 13,880,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
495,264,853 479,449,634 495,264,853 479,449,634 509,144,853

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

091-905-02/Howe ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 433,726,766 0.9458 458,581,905 433,726,766
B - MULTIFAMILY 12,278,438 N/A 12,278,438 12,278,438
C1 - VACANT LOTS 9,538,570 N/A 9,538,570 9,538,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,030,309 1.1569 3,483,653 4,030,309
D2 - FARM & RANCH IMP 5,492,795 N/A 5,492,795 5,492,795
E - NON-AG LAND AND IMPROVEMENTS 100,532,270 1.0115 99,389,293 100,532,270
F1 - COMMERCIAL REAL 27,212,604 N/A 27,212,604 27,212,604
F2 - INDUSTRIAL REAL 2,746,115 N/A 2,746,115 2,746,115
G - ALL MINERALS 843,221 N/A 843,221 843,221
J - ALL UTILITIES 33,222,860 0.9097 36,520,677 33,222,860
L1 - COMMERCIAL PERSONAL 10,198,609 N/A 10,198,609 10,198,609
L2 - INDUSTRIAL PERSONAL 5,768,631 N/A 5,768,631 5,768,631
M1 - MOBILE HOMES 8,872,231 N/A 8,872,231 8,872,231
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,698,262 N/A 8,698,262 8,698,262
S - SPECIAL INVENTORY 124,883 N/A 124,883 124,883
Subtotal 663,286,564 689,749,887 663,286,564
Less Total Deductions 183,836,930 195,162,200 183,836,930
Total Taxable Value 479,449,634 494,587,687 479,449,634

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 T13
495,264,853 479,449,634 495,264,853 479,449,634 509,144,853


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,815,219 0 13,880,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
495,264,853 479,449,634 495,264,853 479,449,634 509,144,853

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement