taxes Property Tax Assistance

2019 ISD Summary Worksheet

156-Martin

156-905/Grady ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	2,264,750	N/A	2,264,750	2,264,750
B. MULTIFAMILY RESIDENCES	316,030	N/A	316,030	316,030
C1. VACANT LOTS	511,900	N/A	511,900	511,900
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,774,140	N/A	11,774,140	11,774,140
D2. REAL PROP:FARM & RANCH	5,405,320	N/A	5,405,320	5,405,320
E. REAL PROP NONQUAL ACREAGE	27,881,440	N/A	27,881,440	27,881,440
F1. COMMERCIAL REAL	447,920	N/A	447,920	447,920
F2. INDUSTRIAL REAL	88,196,110	N/A	88,196,110	88,196,110
G. OIL,GAS,MINERALS	2,679,047,040	N/A	2,679,047,040	2,679,047,040
J. UTILITIES	157,128,810	N/A	157,128,810	157,128,810
L1. COMMERCIAL PERSONAL	14,868,790	N/A	14,868,790	14,868,790
L2. INDUSTRIAL PERSONAL	72,031,670	N/A	72,031,670	72,031,670
M. MOBILE HOMES	1,964,430	N/A	1,964,430	1,964,430
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	3,061,838,350	0	3,061,838,350	3,061,838,350
Less Total Deductions	10,580,382	0	10,580,382	10,580,382
Total Taxable Value	3,051,257,968	0	3,051,257,968	3,051,257,968

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
3,052,376,118	3,051,257,968	3,051,146,818	3,050,028,668

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,118,150	1,229,300

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
3,052,376,118	3,051,257,968	3,051,146,818	3,050,028,668

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	2,264,750	N/A	2,264,750	2,264,750
B. MULTIFAMILY RESIDENCES	316,030	N/A	316,030	316,030
C1. VACANT LOTS	511,900	N/A	511,900	511,900
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,774,140	N/A	11,774,140	11,774,140
D2. REAL PROP:FARM & RANCH	5,405,320	N/A	5,405,320	5,405,320
E. REAL PROP NONQUAL ACREAGE	27,881,440	N/A	27,881,440	27,881,440
F1. COMMERCIAL REAL	447,920	N/A	447,920	447,920
F2. INDUSTRIAL REAL	88,196,110	N/A	88,196,110	88,196,110
G. OIL,GAS,MINERALS	2,679,047,040	N/A	2,679,047,040	2,679,047,040
J. UTILITIES	157,128,810	N/A	157,128,810	157,128,810
L1. COMMERCIAL PERSONAL	14,868,790	N/A	14,868,790	14,868,790
L2. INDUSTRIAL PERSONAL	72,031,670	N/A	72,031,670	72,031,670
M. MOBILE HOMES	1,964,430	N/A	1,964,430	1,964,430
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	3,061,838,350		3,061,838,350	3,061,838,350
Less Total Deductions	10,580,382		10,580,382	10,580,382
Total Taxable Value	3,051,257,968		3,051,257,968	3,051,257,968

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
3,052,376,118	3,051,257,968	3,051,146,818	3,050,028,668

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,118,150	1,229,300

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
3,052,376,118	3,051,257,968	3,051,146,818	3,050,028,668

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