taxes Property Tax Assistance

2020 ISD Summary Worksheet

073-Falls

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

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	0.9405	266,894,662	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	1,499,859,884	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	1,337,157,990	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

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	0.9406	267,209,839	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		1,518,463,727	1,458,968,396
Less Total Deductions	152,287,261		162,946,419	152,287,261
Total Taxable Value	1,306,681,135		1,355,517,308	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