taxes Property Tax Assistance

2019 ISD Summary Worksheet

091-Grayson

091-914/S and S CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 307,499,081 N/A 307,499,081 307,499,081
B. MULTIFAMILY RESIDENCES 511,514 N/A 511,514 511,514
C1. VACANT LOTS 7,104,410 N/A 7,104,410 7,104,410
D1. QUALIFIED AG LAND 5,706,096 N/A 5,706,096 5,706,096
D2. REAL PROP:FARM & RANCH 5,327,582 N/A 5,327,582 5,327,582
E. REAL PROP NONQUAL ACREAGE 115,591,470 N/A 115,591,470 115,591,470
F1. COMMERCIAL REAL 14,730,321 N/A 14,730,321 14,730,321
F2. INDUSTRIAL REAL 3,959,840 N/A 3,959,840 3,959,840
G. OIL,GAS,MINERALS 55,368,289 N/A 55,368,289 55,368,289
J. UTILITIES 36,449,470 N/A 36,449,470 36,449,470
L1. COMMERCIAL PERSONAL 15,146,914 N/A 15,146,914 15,146,914
L2. INDUSTRIAL PERSONAL 13,938,513 N/A 13,938,513 13,938,513
M. MOBILE HOMES 5,541,892 N/A 5,541,892 5,541,892
O. RESIDENTIAL INVENTORY 1,855,442 N/A 1,855,442 1,855,442
S. SPECIAL INVENTORY 713,743 N/A 713,743 713,743
Subtotal 589,444,577 0 589,444,577 589,444,577
Less Total Deductions 121,636,923 0 121,636,923 121,636,923
Total Taxable Value 467,807,654 0 467,807,654 467,807,654

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
480,665,216 467,807,654 480,665,216 467,807,654


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,857,562 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
480,665,216 467,807,654 480,665,216 467,807,654

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

091-914-02/S and S CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 307,499,081 N/A 307,499,081 307,499,081
B. MULTIFAMILY RESIDENCES 511,514 N/A 511,514 511,514
C1. VACANT LOTS 7,104,410 N/A 7,104,410 7,104,410
D1. QUALIFIED AG LAND 5,706,096 N/A 5,706,096 5,706,096
D2. REAL PROP:FARM & RANCH 5,327,582 N/A 5,327,582 5,327,582
E. REAL PROP NONQUAL ACREAGE 115,591,470 N/A 115,591,470 115,591,470
F1. COMMERCIAL REAL 14,730,321 N/A 14,730,321 14,730,321
F2. INDUSTRIAL REAL 3,959,840 N/A 3,959,840 3,959,840
G. OIL,GAS,MINERALS 55,368,289 N/A 55,368,289 55,368,289
J. UTILITIES 36,449,470 N/A 36,449,470 36,449,470
L1. COMMERCIAL PERSONAL 15,146,914 N/A 15,146,914 15,146,914
L2. INDUSTRIAL PERSONAL 13,938,513 N/A 13,938,513 13,938,513
M. MOBILE HOMES 5,541,892 N/A 5,541,892 5,541,892
O. RESIDENTIAL INVENTORY 1,855,442 N/A 1,855,442 1,855,442
S. SPECIAL INVENTORY 713,743 N/A 713,743 713,743
Subtotal 589,444,577 589,444,577 589,444,577
Less Total Deductions 121,636,923 121,636,923 121,636,923
Total Taxable Value 467,807,654 467,807,654 467,807,654

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
480,665,216 467,807,654 480,665,216 467,807,654


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,857,562 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
480,665,216 467,807,654 480,665,216 467,807,654

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