taxes Property Tax Assistance

2020 ISD Summary Worksheet

091-Grayson /Grayson County

091-918/Tom Bean ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	233,185,826	0.9563	243,841,709	233,185,826
B - MULTIFAMILY	1,953,411	N/A	1,953,411	1,953,411
C1 - VACANT LOTS	3,837,385	N/A	3,837,385	3,837,385
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,733,531	1.7213	1,588,031	2,733,531
D2 - FARM & RANCH IMP	3,534,880	N/A	3,534,880	3,534,880
E - NON-AG LAND AND IMPROVEMENTS	107,790,639	1.0157	106,124,485	107,790,639
F1 - COMMERCIAL REAL	9,249,991	N/A	9,249,991	9,249,991
F2 - INDUSTRIAL REAL	241,314	N/A	241,314	241,314
G - ALL MINERALS	12,436	N/A	12,436	12,436
J - ALL UTILITIES	16,553,572	N/A	16,553,572	16,553,572
L1 - COMMERCIAL PERSONAL	4,092,958	N/A	4,092,958	4,092,958
L2 - INDUSTRIAL PERSONAL	787,085	N/A	787,085	787,085
M1 - MOBILE HOMES	3,060,321	N/A	3,060,321	3,060,321
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,981,187	N/A	2,981,187	2,981,187
S - SPECIAL INVENTORY	124,504	N/A	124,504	124,504
Subtotal	390,139,040	0	397,983,269	390,139,040
Less Total Deductions	96,189,990	0	101,497,653	96,189,990
Total Taxable Value	293,949,050	0	296,485,616	293,949,050

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
304,176,487	293,949,050	304,176,487	293,949,050

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
10,227,437	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
304,176,487	293,949,050	304,176,487	293,949,050

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

091-918-02/Tom Bean ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	233,185,826	0.9563	243,841,709	233,185,826
B - MULTIFAMILY	1,953,411	N/A	1,953,411	1,953,411
C1 - VACANT LOTS	3,837,385	N/A	3,837,385	3,837,385
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,733,531	1.7213	1,588,031	2,733,531
D2 - FARM & RANCH IMP	3,534,880	N/A	3,534,880	3,534,880
E - NON-AG LAND AND IMPROVEMENTS	107,790,639	1.0157	106,124,485	107,790,639
F1 - COMMERCIAL REAL	9,249,991	N/A	9,249,991	9,249,991
F2 - INDUSTRIAL REAL	241,314	N/A	241,314	241,314
G - ALL MINERALS	12,436	N/A	12,436	12,436
J - ALL UTILITIES	16,553,572	N/A	16,553,572	16,553,572
L1 - COMMERCIAL PERSONAL	4,092,958	N/A	4,092,958	4,092,958
L2 - INDUSTRIAL PERSONAL	787,085	N/A	787,085	787,085
M1 - MOBILE HOMES	3,060,321	N/A	3,060,321	3,060,321
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,981,187	N/A	2,981,187	2,981,187
S - SPECIAL INVENTORY	124,504	N/A	124,504	124,504
Subtotal	390,139,040		397,983,269	390,139,040
Less Total Deductions	96,189,990		101,497,653	96,189,990
Total Taxable Value	293,949,050		296,485,616	293,949,050

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
304,176,487	293,949,050	304,176,487	293,949,050

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
10,227,437	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
304,176,487	293,949,050	304,176,487	293,949,050

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