taxes Property Tax Assistance

2020 ISD Summary Worksheet

091-Grayson /Grayson County

091-905/Howe ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 288,777,245 0.9535 302,860,246 288,777,245
B - MULTIFAMILY 5,618,823 N/A 5,618,823 5,618,823
C1 - VACANT LOTS 5,120,288 N/A 5,120,288 5,120,288
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,200,941 1.6213 3,207,815 5,200,941
D2 - FARM & RANCH IMP 3,530,575 N/A 3,530,575 3,530,575
E - NON-AG LAND AND IMPROVEMENTS 67,078,881 1.0946 61,281,638 67,078,881
F1 - COMMERCIAL REAL 23,519,045 0.9152 25,698,257 23,519,045
F2 - INDUSTRIAL REAL 2,424,714 N/A 2,424,714 2,424,714
G - ALL MINERALS 964,685 N/A 964,685 964,685
J - ALL UTILITIES 32,431,883 0.9087 35,690,418 32,431,883
L1 - COMMERCIAL PERSONAL 7,625,661 N/A 7,625,661 7,625,661
L2 - INDUSTRIAL PERSONAL 3,924,773 N/A 3,924,773 3,924,773
M1 - MOBILE HOMES 6,451,376 N/A 6,451,376 6,451,376
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 204,327 N/A 204,327 204,327
S - SPECIAL INVENTORY 21,907 N/A 21,907 21,907
Subtotal 452,895,124 0 464,625,503 452,895,124
Less Total Deductions 86,788,778 0 91,632,041 86,788,778
Total Taxable Value 366,106,346 0 372,993,462 366,106,346

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
377,088,999 366,106,346 377,088,999 366,106,346


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,982,653 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
377,088,999 366,106,346 377,088,999 366,106,346

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

091-905-02/Howe ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 288,777,245 0.9535 302,860,246 288,777,245
B - MULTIFAMILY 5,618,823 N/A 5,618,823 5,618,823
C1 - VACANT LOTS 5,120,288 N/A 5,120,288 5,120,288
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,200,941 1.6213 3,207,815 5,200,941
D2 - FARM & RANCH IMP 3,530,575 N/A 3,530,575 3,530,575
E - NON-AG LAND AND IMPROVEMENTS 67,078,881 1.0946 61,281,638 67,078,881
F1 - COMMERCIAL REAL 23,519,045 0.9152 25,698,257 23,519,045
F2 - INDUSTRIAL REAL 2,424,714 N/A 2,424,714 2,424,714
G - ALL MINERALS 964,685 N/A 964,685 964,685
J - ALL UTILITIES 32,431,883 0.9087 35,690,418 32,431,883
L1 - COMMERCIAL PERSONAL 7,625,661 N/A 7,625,661 7,625,661
L2 - INDUSTRIAL PERSONAL 3,924,773 N/A 3,924,773 3,924,773
M1 - MOBILE HOMES 6,451,376 N/A 6,451,376 6,451,376
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 204,327 N/A 204,327 204,327
S - SPECIAL INVENTORY 21,907 N/A 21,907 21,907
Subtotal 452,895,124 464,625,503 452,895,124
Less Total Deductions 86,788,778 91,632,041 86,788,778
Total Taxable Value 366,106,346 372,993,462 366,106,346

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
377,088,999 366,106,346 377,088,999 366,106,346


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,982,653 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
377,088,999 366,106,346 377,088,999 366,106,346

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