taxes Property Tax Assistance

2020 ISD Summary Worksheet

091-Grayson

091-906/Sherman ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,794,045,997 0.9836 1,823,958,923 1,794,045,997
B - MULTIFAMILY 255,921,495 0.8375 305,577,904 255,921,495
C1 - VACANT LOTS 55,972,884 N/A 55,972,884 55,972,884
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,249,810 1.8089 1,243,763 2,249,810
D2 - FARM & RANCH IMP 1,879,707 N/A 1,879,707 1,879,707
E - NON-AG LAND AND IMPROVEMENTS 95,702,244 N/A 95,702,244 95,702,244
F1 - COMMERCIAL REAL 830,550,222 0.9335 889,716,360 830,550,222
F2 - INDUSTRIAL REAL 506,983,266 N/A 506,983,266 506,983,266
G - ALL MINERALS 24,502,064 N/A 24,502,064 24,502,064
J - ALL UTILITIES 103,205,934 N/A 103,205,934 103,205,934
L1 - COMMERCIAL PERSONAL 285,644,127 1.0300 277,324,395 285,644,127
L2 - INDUSTRIAL PERSONAL 525,627,050 N/A 525,627,050 525,627,050
M1 - MOBILE HOMES 6,264,080 N/A 6,264,080 6,264,080
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 20,413,262 N/A 20,413,262 20,413,262
S - SPECIAL INVENTORY 27,468,504 N/A 27,468,504 27,468,504
Subtotal 4,536,430,646 0 4,665,840,340 4,536,430,646
Less Total Deductions 643,918,294 0 653,742,815 643,918,294
Total Taxable Value 3,892,512,352 0 4,012,097,525 3,892,512,352

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
3,962,330,954 3,892,512,352 3,962,330,954 3,892,512,352


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
69,818,602 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
3,962,330,954 3,892,512,352 3,962,330,954 3,892,512,352

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

091-906-02/Sherman ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,794,045,997 0.9836 1,823,958,923 1,794,045,997
B - MULTIFAMILY 255,921,495 0.8375 305,577,904 255,921,495
C1 - VACANT LOTS 55,972,884 N/A 55,972,884 55,972,884
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,249,810 1.8089 1,243,763 2,249,810
D2 - FARM & RANCH IMP 1,879,707 N/A 1,879,707 1,879,707
E - NON-AG LAND AND IMPROVEMENTS 95,702,244 N/A 95,702,244 95,702,244
F1 - COMMERCIAL REAL 830,550,222 0.9335 889,716,360 830,550,222
F2 - INDUSTRIAL REAL 506,983,266 N/A 506,983,266 506,983,266
G - ALL MINERALS 24,502,064 N/A 24,502,064 24,502,064
J - ALL UTILITIES 103,205,934 N/A 103,205,934 103,205,934
L1 - COMMERCIAL PERSONAL 285,644,127 1.0300 277,324,395 285,644,127
L2 - INDUSTRIAL PERSONAL 525,627,050 N/A 525,627,050 525,627,050
M1 - MOBILE HOMES 6,264,080 N/A 6,264,080 6,264,080
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 20,413,262 N/A 20,413,262 20,413,262
S - SPECIAL INVENTORY 27,468,504 N/A 27,468,504 27,468,504
Subtotal 4,536,430,646 4,665,840,340 4,536,430,646
Less Total Deductions 643,918,294 653,742,815 643,918,294
Total Taxable Value 3,892,512,352 4,012,097,525 3,892,512,352

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
3,962,330,954 3,892,512,352 3,962,330,954 3,892,512,352


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
69,818,602 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
3,962,330,954 3,892,512,352 3,962,330,954 3,892,512,352

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