taxes Property Tax Assistance

2020 ISD Summary Worksheet

073-Falls /Falls County

147-902/Groesbeck ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 89,470 N/A 89,470 89,470
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 84,010 N/A 84,010 84,010
D2 - FARM & RANCH IMP 44,240 N/A 44,240 44,240
E - NON-AG LAND AND IMPROVEMENTS 712,390 N/A 712,390 712,390
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 71,150 N/A 71,150 71,150
L1 - COMMERCIAL PERSONAL 1,500 N/A 1,500 1,500
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 27,270 N/A 27,270 27,270
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,030,030 0 1,030,030 1,030,030
Less Total Deductions 138,746 0 138,746 138,746
Total Taxable Value 891,284 0 891,284 891,284

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
921,284 891,284 921,284 891,284


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,000 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
921,284 891,284 921,284 891,284

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

147-Limestone /Limestone County

147-902/Groesbeck ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 333,368,693 0.9312 357,999,026 333,368,693
B - MULTIFAMILY 2,726,160 N/A 2,726,160 2,726,160
C1 - VACANT LOTS 16,671,691 N/A 16,671,691 16,671,691
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,650,321 1.0610 10,980,701 11,650,321
D2 - FARM & RANCH IMP 6,490,443 N/A 6,490,443 6,490,443
E - NON-AG LAND AND IMPROVEMENTS 182,370,200 0.9475 192,475,145 182,370,200
F1 - COMMERCIAL REAL 53,799,450 0.8469 63,525,151 53,799,450
F2 - INDUSTRIAL REAL 434,032,930 N/A 434,032,930 434,032,930
G - ALL MINERALS 53,588,500 1.0033 53,412,240 53,588,500
J - ALL UTILITIES 251,014,430 0.9754 257,345,120 251,014,430
L1 - COMMERCIAL PERSONAL 10,992,035 N/A 10,992,035 10,992,035
L2 - INDUSTRIAL PERSONAL 73,635,100 N/A 73,635,100 73,635,100
M1 - MOBILE HOMES 9,771,280 N/A 9,771,280 9,771,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 208,770 N/A 208,770 208,770
S - SPECIAL INVENTORY 44,550 N/A 44,550 44,550
Subtotal 1,440,364,553 0 1,490,310,342 1,440,364,553
Less Total Deductions 152,042,736 0 162,701,894 152,042,736
Total Taxable Value 1,288,321,817 0 1,327,608,448 1,288,321,817

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
1,307,448,245 1,288,321,817 1,307,448,245 1,288,321,817


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,126,428 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
1,307,448,245 1,288,321,817 1,307,448,245 1,288,321,817

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

198-Robertson /Robertson County

147-902/Groesbeck ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 106,695 N/A 106,695 106,695
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 586,525 N/A 586,525 586,525
D2 - FARM & RANCH IMP 5,650 N/A 5,650 5,650
E - NON-AG LAND AND IMPROVEMENTS 743,802 N/A 743,802 743,802
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 211,685 N/A 211,685 211,685
G - ALL MINERALS 407,329 N/A 407,329 407,329
J - ALL UTILITIES 244,027 N/A 244,027 244,027
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 15,235,691 N/A 15,235,691 15,235,691
M1 - MOBILE HOMES 32,409 N/A 32,409 32,409
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 17,573,813 0 17,573,813 17,573,813
Less Total Deductions 105,779 0 105,779 105,779
Total Taxable Value 17,468,034 0 17,468,034 17,468,034

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
17,468,034 17,468,034 17,468,034 17,468,034


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
17,468,034 17,468,034 17,468,034 17,468,034

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

147-902-02/Groesbeck ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 333,564,858 0.9312 358,195,191 333,564,858
B - MULTIFAMILY 2,726,160 N/A 2,726,160 2,726,160
C1 - VACANT LOTS 16,671,691 N/A 16,671,691 16,671,691
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,320,856 1.0575 11,651,236 12,320,856
D2 - FARM & RANCH IMP 6,540,333 N/A 6,540,333 6,540,333
E - NON-AG LAND AND IMPROVEMENTS 183,826,392 0.9479 193,931,337 183,826,392
F1 - COMMERCIAL REAL 53,799,450 0.8469 63,525,151 53,799,450
F2 - INDUSTRIAL REAL 434,244,615 N/A 434,244,615 434,244,615
G - ALL MINERALS 53,995,829 1.0033 53,819,569 53,995,829
J - ALL UTILITIES 251,329,607 0.9754 257,660,297 251,329,607
L1 - COMMERCIAL PERSONAL 10,993,535 N/A 10,993,535 10,993,535
L2 - INDUSTRIAL PERSONAL 88,870,791 N/A 88,870,791 88,870,791
M1 - MOBILE HOMES 9,830,959 N/A 9,830,959 9,830,959
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 208,770 N/A 208,770 208,770
S - SPECIAL INVENTORY 44,550 N/A 44,550 44,550
Subtotal 1,458,968,396 1,508,914,185 1,458,968,396
Less Total Deductions 152,287,261 162,946,419 152,287,261
Total Taxable Value 1,306,681,135 1,345,967,766 1,306,681,135

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
1,325,837,563 1,306,681,135 1,325,837,563 1,306,681,135


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
19,156,428 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
1,325,837,563 1,306,681,135 1,325,837,563 1,306,681,135

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