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ceiling reduction
2018 ISD Summary Worksheet
091-Grayson
091-905/Howe ISD
| Category | Local Tax Roll Value | 2018 WTD Mean Ratio | 2018 PTAD Value Estimate | 2018 Value Assigned |
|---|---|---|---|---|
| A. SINGLE-FAMILY RESIDENCES | 246,125,380 | 0.9836 | 250,229,138 | 246,125,380 |
| B. MULTIFAMILY RESIDENCES | 4,575,358 | N/A | 4,575,358 | 4,575,358 |
| C1. VACANT LOTS | 3,700,188 | N/A | 3,700,188 | 3,700,188 |
| C2. COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1. QUALIFIED AG LAND | 5,440,861 | 1.3372 | 4,068,846 | 5,440,861 |
| D2. REAL PROP:FARM & RANCH | 3,303,932 | N/A | 3,303,932 | 3,303,932 |
| E. REAL PROP NONQUAL ACREAGE | 65,350,612 | 1.0304 | 63,422,566 | 65,350,612 |
| F1. COMMERCIAL REAL | 24,459,269 | 0.8358 | 29,264,500 | 24,459,269 |
| F2. INDUSTRIAL REAL | 1,656,215 | N/A | 1,656,215 | 1,656,215 |
| G. OIL,GAS,MINERALS | 1,110,674 | N/A | 1,110,674 | 1,110,674 |
| J. UTILITIES | 24,091,815 | 0.9087 | 26,512,397 | 24,091,815 |
| L1. COMMERCIAL PERSONAL | 7,206,533 | N/A | 7,206,533 | 7,206,533 |
| L2. INDUSTRIAL PERSONAL | 5,340,531 | N/A | 5,340,531 | 5,340,531 |
| M. MOBILE HOMES | 928,909 | N/A | 928,909 | 928,909 |
| N. INTANGIBLE PERSONAL PROP | 0 | N/A | 0 | 0 |
| O. RESIDENTIAL INVENTORY | 148,472 | N/A | 148,472 | 148,472 |
| S. SPECIAL INVENTORY | 0 | N/A | 0 | 0 |
| Subtotal | 393,438,749 | 0 | 401,468,259 | 393,438,749 |
| Less Total Deductions | 84,016,440 | 0 | 85,474,602 | 84,016,440 |
| Total Taxable Value | 309,422,309 | 0 | 315,993,657 | 309,422,309 |
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 |
|---|---|---|---|
| 320,037,263 | 309,422,309 | 320,037,263 | 309,422,309 |
| Loss To the Additional $10,000 Homestead Exemption |
50% of the loss to the Local Optional Percentage Homestead Exemption |
|---|---|
| 10,614,954 | 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 |
|---|---|---|---|
| 320,037,263 | 309,422,309 | 320,037,263 | 309,422,309 |
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
091-905-02/Howe ISD
| Category | Local Tax Roll Value | 2018 WTD Mean Ratio | 2018 PTAD Value Estimate | 2018 Value Assigned |
|---|---|---|---|---|
| A. SINGLE-FAMILY RESIDENCES | 246,125,380 | 0.9836 | 250,229,138 | 246,125,380 |
| B. MULTIFAMILY RESIDENCES | 4,575,358 | N/A | 4,575,358 | 4,575,358 |
| C1. VACANT LOTS | 3,700,188 | N/A | 3,700,188 | 3,700,188 |
| C2. COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1. QUALIFIED AG LAND | 5,440,861 | 1.3372 | 4,068,846 | 5,440,861 |
| D2. REAL PROP:FARM & RANCH | 3,303,932 | N/A | 3,303,932 | 3,303,932 |
| E. REAL PROP NONQUAL ACREAGE | 65,350,612 | 1.0304 | 63,422,566 | 65,350,612 |
| F1. COMMERCIAL REAL | 24,459,269 | 0.8358 | 29,264,500 | 24,459,269 |
| F2. INDUSTRIAL REAL | 1,656,215 | N/A | 1,656,215 | 1,656,215 |
| G. OIL,GAS,MINERALS | 1,110,674 | N/A | 1,110,674 | 1,110,674 |
| J. UTILITIES | 24,091,815 | 0.9087 | 26,512,397 | 24,091,815 |
| L1. COMMERCIAL PERSONAL | 7,206,533 | N/A | 7,206,533 | 7,206,533 |
| L2. INDUSTRIAL PERSONAL | 5,340,531 | N/A | 5,340,531 | 5,340,531 |
| M. MOBILE HOMES | 928,909 | N/A | 928,909 | 928,909 |
| N. INTANGIBLE PERSONAL PROP | 0 | N/A | 0 | 0 |
| O. RESIDENTIAL INVENTORY | 148,472 | N/A | 148,472 | 148,472 |
| S. SPECIAL INVENTORY | 0 | N/A | 0 | 0 |
| Subtotal | 393,438,749 | 401,468,259 | 393,438,749 | |
| Less Total Deductions | 84,016,440 | 85,474,602 | 84,016,440 | |
| Total Taxable Value | 309,422,309 | 315,993,657 | 309,422,309 |
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 |
|---|---|---|---|
| 320,037,263 | 309,422,309 | 320,037,263 | 309,422,309 |
| Loss To the Additional $10,000 Homestead Exemption |
50 % of the loss to the Local Optional Percentage Homestead Exemption |
|---|---|
| 10,614,954 | 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 |
|---|---|---|---|
| 320,037,263 | 309,422,309 | 320,037,263 | 309,422,309 |
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 taxceiling 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