taxes Property Tax Assistance

2020 ISD Summary Worksheet

091-Grayson /Grayson County

091-914/S and S CISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 322,497,287 0.9826 328,208,108 322,497,287
B - MULTIFAMILY 700,733 N/A 700,733 700,733
C1 - VACANT LOTS 8,723,659 N/A 8,723,659 8,723,659
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,408,245 1.8251 2,963,221 5,408,245
D2 - FARM & RANCH IMP 5,273,528 N/A 5,273,528 5,273,528
E - NON-AG LAND AND IMPROVEMENTS 122,725,521 0.9687 126,690,948 122,725,521
F1 - COMMERCIAL REAL 16,993,475 N/A 16,993,475 16,993,475
F2 - INDUSTRIAL REAL 3,851,603 N/A 3,851,603 3,851,603
G - ALL MINERALS 39,679,850 1.0342 38,367,675 39,679,850
J - ALL UTILITIES 39,493,324 0.9889 39,936,620 39,493,324
L1 - COMMERCIAL PERSONAL 16,782,592 N/A 16,782,592 16,782,592
L2 - INDUSTRIAL PERSONAL 12,703,206 N/A 12,703,206 12,703,206
M1 - MOBILE HOMES 4,786,699 N/A 4,786,699 4,786,699
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,031,766 N/A 1,031,766 1,031,766
S - SPECIAL INVENTORY 1,052,181 N/A 1,052,181 1,052,181
Subtotal 601,703,669 0 608,066,014 601,703,669
Less Total Deductions 116,637,314 0 119,161,470 116,637,314
Total Taxable Value 485,066,355 0 488,904,544 485,066,355

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
497,746,429 485,066,355 497,746,429 485,066,355


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,680,074 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
497,746,429 485,066,355 497,746,429 485,066,355

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 322,497,287 0.9826 328,208,108 322,497,287
B - MULTIFAMILY 700,733 N/A 700,733 700,733
C1 - VACANT LOTS 8,723,659 N/A 8,723,659 8,723,659
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,408,245 1.8251 2,963,221 5,408,245
D2 - FARM & RANCH IMP 5,273,528 N/A 5,273,528 5,273,528
E - NON-AG LAND AND IMPROVEMENTS 122,725,521 0.9687 126,690,948 122,725,521
F1 - COMMERCIAL REAL 16,993,475 N/A 16,993,475 16,993,475
F2 - INDUSTRIAL REAL 3,851,603 N/A 3,851,603 3,851,603
G - ALL MINERALS 39,679,850 1.0342 38,367,675 39,679,850
J - ALL UTILITIES 39,493,324 0.9889 39,936,620 39,493,324
L1 - COMMERCIAL PERSONAL 16,782,592 N/A 16,782,592 16,782,592
L2 - INDUSTRIAL PERSONAL 12,703,206 N/A 12,703,206 12,703,206
M1 - MOBILE HOMES 4,786,699 N/A 4,786,699 4,786,699
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,031,766 N/A 1,031,766 1,031,766
S - SPECIAL INVENTORY 1,052,181 N/A 1,052,181 1,052,181
Subtotal 601,703,669 608,066,014 601,703,669
Less Total Deductions 116,637,314 119,161,470 116,637,314
Total Taxable Value 485,066,355 488,904,544 485,066,355

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
497,746,429 485,066,355 497,746,429 485,066,355


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,680,074 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
497,746,429 485,066,355 497,746,429 485,066,355

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