taxes Property Tax Assistance

2018 ISD Summary Worksheet

238-Ward

238-904/Grandfalls-Royalty ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	6,500,030	0.8397	7,740,896	6,500,030
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,365,350	N/A	1,365,350	1,365,350
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	362,960	0.8760	414,354	362,960
D2. REAL PROP:FARM & RANCH	837,840	N/A	837,840	837,840
E. REAL PROP NONQUAL ACREAGE	3,370,570	N/A	3,370,570	3,370,570
F1. COMMERCIAL REAL	582,700	N/A	582,700	582,700
F2. INDUSTRIAL REAL	15,320	N/A	15,320	15,320
G. OIL,GAS,MINERALS	53,190,170	1.0238	51,953,673	53,190,170
J. UTILITIES	44,578,450	0.9112	48,922,794	44,578,450
L1. COMMERCIAL PERSONAL	532,340	N/A	532,340	532,340
L2. INDUSTRIAL PERSONAL	4,574,280	N/A	4,574,280	4,574,280
M. MOBILE HOMES	1,021,320	N/A	1,021,320	1,021,320
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	116,931,330	0	121,331,437	116,931,330
Less Total Deductions	5,725,060	0	6,222,065	5,725,060
Total Taxable Value	111,206,270	0	115,109,372	111,206,270

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
111,206,270	111,206,270	110,951,930	110,951,930

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	254,340

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
111,206,270	111,206,270	110,951,930	110,951,930

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	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	6,500,030	0.8397	7,740,896	6,500,030
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,365,350	N/A	1,365,350	1,365,350
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	362,960	0.8760	414,354	362,960
D2. REAL PROP:FARM & RANCH	837,840	N/A	837,840	837,840
E. REAL PROP NONQUAL ACREAGE	3,370,570	N/A	3,370,570	3,370,570
F1. COMMERCIAL REAL	582,700	N/A	582,700	582,700
F2. INDUSTRIAL REAL	15,320	N/A	15,320	15,320
G. OIL,GAS,MINERALS	53,190,170	1.0238	51,953,673	53,190,170
J. UTILITIES	44,578,450	0.9112	48,922,794	44,578,450
L1. COMMERCIAL PERSONAL	532,340	N/A	532,340	532,340
L2. INDUSTRIAL PERSONAL	4,574,280	N/A	4,574,280	4,574,280
M. MOBILE HOMES	1,021,320	N/A	1,021,320	1,021,320
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	116,931,330		121,331,437	116,931,330
Less Total Deductions	5,725,060		6,222,065	5,725,060
Total Taxable Value	111,206,270		115,109,372	111,206,270

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
111,206,270	111,206,270	110,951,930	110,951,930

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
0	254,340

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
111,206,270	111,206,270	110,951,930	110,951,930

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