taxes Property Tax Assistance

2021 ISD Summary Worksheet

Sherman ISD (all splits)   Grayson County  

091-Grayson/Grayson County

091-906/Sherman ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,054,098,618 N/A 2,054,098,618 2,054,098,618
B - MULTIFAMILY 307,292,397 N/A 307,292,397 307,292,397
C1 - VACANT LOTS 63,851,288 N/A 63,851,288 63,851,288
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,778,141 N/A 1,778,141 1,778,141
D2 - FARM & RANCH IMP 2,022,044 N/A 2,022,044 2,022,044
E - NON-AG LAND AND IMPROVEMENTS 104,904,523 N/A 104,904,523 104,904,523
F1 - COMMERCIAL REAL 854,029,348 N/A 854,029,348 854,029,348
F2 - INDUSTRIAL REAL 531,553,352 N/A 531,553,352 531,553,352
G - ALL MINERALS 19,113,338 N/A 19,113,338 19,113,338
J - ALL UTILITIES 112,227,920 N/A 112,227,920 112,227,920
L1 - COMMERCIAL PERSONAL 300,076,355 N/A 300,076,355 300,076,355
L2 - INDUSTRIAL PERSONAL 446,139,710 N/A 446,139,710 446,139,710
M1 - MOBILE HOMES 8,510,887 N/A 8,510,887 8,510,887
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 21,858,410 N/A 21,858,410 21,858,410
S - SPECIAL INVENTORY 28,967,436 N/A 28,967,436 28,967,436
Subtotal 4,856,423,767 0 4,856,423,767 4,856,423,767
Less Total Deductions 724,576,712 0 724,576,712 724,576,712
Total Taxable Value 4,131,847,055 0 4,131,847,055 4,131,847,055

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's office 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 school 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

Measure Value Description
T1 4,203,179,955 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,131,847,055 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,203,179,955 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,131,847,055 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,203,179,955 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,131,847,055 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,203,179,955 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,131,847,055 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 71,332,900 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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091-906-02/Sherman ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,054,098,618 N/A 2,054,098,618 2,054,098,618
B - MULTIFAMILY 307,292,397 N/A 307,292,397 307,292,397
C1 - VACANT LOTS 63,851,288 N/A 63,851,288 63,851,288
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,778,141 N/A 1,778,141 1,778,141
D2 - FARM & RANCH IMP 2,022,044 N/A 2,022,044 2,022,044
E - NON-AG LAND AND IMPROVEMENTS 104,904,523 N/A 104,904,523 104,904,523
F1 - COMMERCIAL REAL 854,029,348 N/A 854,029,348 854,029,348
F2 - INDUSTRIAL REAL 531,553,352 N/A 531,553,352 531,553,352
G - ALL MINERALS 19,113,338 N/A 19,113,338 19,113,338
J - ALL UTILITIES 112,227,920 N/A 112,227,920 112,227,920
L1 - COMMERCIAL PERSONAL 300,076,355 N/A 300,076,355 300,076,355
L2 - INDUSTRIAL PERSONAL 446,139,710 N/A 446,139,710 446,139,710
M1 - MOBILE HOMES 8,510,887 N/A 8,510,887 8,510,887
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 21,858,410 N/A 21,858,410 21,858,410
S - SPECIAL INVENTORY 28,967,436 N/A 28,967,436 28,967,436
Subtotal 4,856,423,767 4,856,423,767 4,856,423,767
Less Total Deductions 724,576,712 724,576,712 724,576,712
Total Taxable Value 4,131,847,055 4,131,847,055 4,131,847,055

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's office 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 school 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

Measure Value Description
T1 4,203,179,955 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,131,847,055 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,203,179,955 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,131,847,055 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,203,179,955 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,131,847,055 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,203,179,955 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,131,847,055 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 71,332,900 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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