taxes Property Tax Assistance

2020 ISD Summary Worksheet

156-Martin

156-905/Grady ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	2,740,930	N/A	2,740,930	2,740,930
B - MULTIFAMILY	339,220	N/A	339,220	339,220
C1 - VACANT LOTS	1,754,010	N/A	1,754,010	1,754,010
C2 - COLONIA LOTS	1,460	N/A	1,460	1,460
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,158,330	0.4625	13,315,236	6,158,330
D2 - FARM & RANCH IMP	5,453,020	N/A	5,453,020	5,453,020
E - NON-AG LAND AND IMPROVEMENTS	29,871,430	N/A	29,871,430	29,871,430
F1 - COMMERCIAL REAL	475,950	N/A	475,950	475,950
F2 - INDUSTRIAL REAL	86,801,560	N/A	86,801,560	86,801,560
G - ALL MINERALS	4,001,667,700	1.0170	3,934,776,500	4,001,667,700
J - ALL UTILITIES	225,571,090	0.9030	249,801,872	225,571,090
L1 - COMMERCIAL PERSONAL	23,148,370	N/A	23,148,370	23,148,370
L2 - INDUSTRIAL PERSONAL	77,538,090	N/A	77,538,090	77,538,090
M1 - MOBILE HOMES	1,931,940	N/A	1,931,940	1,931,940
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	4,463,453,100	0	4,427,949,588	4,463,453,100
Less Total Deductions	9,274,676	0	9,274,676	9,274,676
Total Taxable Value	4,454,178,424	0	4,418,674,912	4,454,178,424

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
4,455,280,894	4,454,178,424	4,453,949,249	4,452,846,779

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,102,470	1,331,645

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
4,455,280,894	4,454,178,424	4,453,949,249	4,452,846,779

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

156-905-02/Grady ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	2,740,930	N/A	2,740,930	2,740,930
B - MULTIFAMILY	339,220	N/A	339,220	339,220
C1 - VACANT LOTS	1,754,010	N/A	1,754,010	1,754,010
C2 - COLONIA LOTS	1,460	N/A	1,460	1,460
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,158,330	0.4625	13,315,236	6,158,330
D2 - FARM & RANCH IMP	5,453,020	N/A	5,453,020	5,453,020
E - NON-AG LAND AND IMPROVEMENTS	29,871,430	N/A	29,871,430	29,871,430
F1 - COMMERCIAL REAL	475,950	N/A	475,950	475,950
F2 - INDUSTRIAL REAL	86,801,560	N/A	86,801,560	86,801,560
G - ALL MINERALS	4,001,667,700	1.0170	3,934,776,500	4,001,667,700
J - ALL UTILITIES	225,571,090	0.9030	249,801,872	225,571,090
L1 - COMMERCIAL PERSONAL	23,148,370	N/A	23,148,370	23,148,370
L2 - INDUSTRIAL PERSONAL	77,538,090	N/A	77,538,090	77,538,090
M1 - MOBILE HOMES	1,931,940	N/A	1,931,940	1,931,940
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	4,463,453,100		4,427,949,588	4,463,453,100
Less Total Deductions	9,274,676		9,274,676	9,274,676
Total Taxable Value	4,454,178,424		4,418,674,912	4,454,178,424

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
4,455,280,894	4,454,178,424	4,453,949,249	4,452,846,779

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,102,470	1,331,645

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
4,455,280,894	4,454,178,424	4,453,949,249	4,452,846,779

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