taxes Property Tax Assistance

2018 ISD Summary Worksheet

156-Martin

156-905/Grady ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,348,050 N/A 1,348,050 1,348,050
B. MULTIFAMILY RESIDENCES 309,920 N/A 309,920 309,920
C1. VACANT LOTS 691,120 N/A 691,120 691,120
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,520,450 0.5633 13,350,726 7,520,450
D2. REAL PROP:FARM & RANCH 5,071,290 N/A 5,071,290 5,071,290
E. REAL PROP NONQUAL ACREAGE 23,604,200 N/A 23,604,200 23,604,200
F1. COMMERCIAL REAL 449,210 N/A 449,210 449,210
F2. INDUSTRIAL REAL 87,605,830 N/A 87,605,830 87,605,830
G. OIL,GAS,MINERALS 1,191,402,190 0.9961 1,196,066,851 1,191,402,190
J. UTILITIES 134,975,500 0.8913 151,436,666 134,975,500
L1. COMMERCIAL PERSONAL 10,858,440 N/A 10,858,440 10,858,440
L2. INDUSTRIAL PERSONAL 36,687,880 N/A 36,687,880 36,687,880
M. MOBILE HOMES 2,046,080 N/A 2,046,080 2,046,080
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,502,570,160 0 1,529,526,263 1,502,570,160
Less Total Deductions 7,987,163 0 7,987,163 7,987,163
Total Taxable Value 1,494,582,997 0 1,521,539,100 1,494,582,997

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
1,495,769,557 1,494,582,997 1,494,515,432 1,493,328,872


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,186,560 1,254,125


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
1,495,769,557 1,494,582,997 1,494,515,432 1,493,328,872

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

156-905-02/Grady ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,348,050 N/A 1,348,050 1,348,050
B. MULTIFAMILY RESIDENCES 309,920 N/A 309,920 309,920
C1. VACANT LOTS 691,120 N/A 691,120 691,120
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,520,450 0.5633 13,350,726 7,520,450
D2. REAL PROP:FARM & RANCH 5,071,290 N/A 5,071,290 5,071,290
E. REAL PROP NONQUAL ACREAGE 23,604,200 N/A 23,604,200 23,604,200
F1. COMMERCIAL REAL 449,210 N/A 449,210 449,210
F2. INDUSTRIAL REAL 87,605,830 N/A 87,605,830 87,605,830
G. OIL,GAS,MINERALS 1,191,402,190 0.9961 1,196,066,851 1,191,402,190
J. UTILITIES 134,975,500 0.8913 151,436,666 134,975,500
L1. COMMERCIAL PERSONAL 10,858,440 N/A 10,858,440 10,858,440
L2. INDUSTRIAL PERSONAL 36,687,880 N/A 36,687,880 36,687,880
M. MOBILE HOMES 2,046,080 N/A 2,046,080 2,046,080
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,502,570,160 1,529,526,263 1,502,570,160
Less Total Deductions 7,987,163 7,987,163 7,987,163
Total Taxable Value 1,494,582,997 1,521,539,100 1,494,582,997

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
1,495,769,557 1,494,582,997 1,494,515,432 1,493,328,872


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,186,560 1,254,125


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
1,495,769,557 1,494,582,997 1,494,515,432 1,493,328,872

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