taxes Property Tax Assistance

2021 ISD Summary Worksheet

Tom Bean ISD (all splits)   Grayson County  

091-Grayson/Grayson County

091-918/Tom Bean ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 255,825,417 N/A 255,825,417 255,825,417
B - MULTIFAMILY 2,212,942 N/A 2,212,942 2,212,942
C1 - VACANT LOTS 4,684,345 N/A 4,684,345 4,684,345
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,153,187 N/A 2,153,187 2,153,187
D2 - FARM & RANCH IMP 3,346,417 N/A 3,346,417 3,346,417
E - NON-AG LAND AND IMPROVEMENTS 116,410,341 N/A 116,410,341 116,410,341
F1 - COMMERCIAL REAL 9,649,453 N/A 9,649,453 9,649,453
F2 - INDUSTRIAL REAL 235,380 N/A 235,380 235,380
G - ALL MINERALS 1,041,792 N/A 1,041,792 1,041,792
J - ALL UTILITIES 15,366,471 N/A 15,366,471 15,366,471
L1 - COMMERCIAL PERSONAL 5,947,345 N/A 5,947,345 5,947,345
L2 - INDUSTRIAL PERSONAL 92,148 N/A 92,148 92,148
M1 - MOBILE HOMES 2,502,308 N/A 2,502,308 2,502,308
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 686,483 N/A 686,483 686,483
S - SPECIAL INVENTORY 78,171 N/A 78,171 78,171
Subtotal 420,232,200 0 420,232,200 420,232,200
Less Total Deductions 96,711,572 0 96,711,572 96,711,572
Total Taxable Value 323,520,628 0 323,520,628 323,520,628

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 333,753,001 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 323,520,628 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 333,753,001 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 323,520,628 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 333,753,001 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 323,520,628 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 333,753,001 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 323,520,628 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,232,373 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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091-918-02/Tom Bean ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 255,825,417 N/A 255,825,417 255,825,417
B - MULTIFAMILY 2,212,942 N/A 2,212,942 2,212,942
C1 - VACANT LOTS 4,684,345 N/A 4,684,345 4,684,345
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,153,187 N/A 2,153,187 2,153,187
D2 - FARM & RANCH IMP 3,346,417 N/A 3,346,417 3,346,417
E - NON-AG LAND AND IMPROVEMENTS 116,410,341 N/A 116,410,341 116,410,341
F1 - COMMERCIAL REAL 9,649,453 N/A 9,649,453 9,649,453
F2 - INDUSTRIAL REAL 235,380 N/A 235,380 235,380
G - ALL MINERALS 1,041,792 N/A 1,041,792 1,041,792
J - ALL UTILITIES 15,366,471 N/A 15,366,471 15,366,471
L1 - COMMERCIAL PERSONAL 5,947,345 N/A 5,947,345 5,947,345
L2 - INDUSTRIAL PERSONAL 92,148 N/A 92,148 92,148
M1 - MOBILE HOMES 2,502,308 N/A 2,502,308 2,502,308
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 686,483 N/A 686,483 686,483
S - SPECIAL INVENTORY 78,171 N/A 78,171 78,171
Subtotal 420,232,200 420,232,200 420,232,200
Less Total Deductions 96,711,572 96,711,572 96,711,572
Total Taxable Value 323,520,628 323,520,628 323,520,628

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 333,753,001 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 323,520,628 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 333,753,001 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 323,520,628 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 333,753,001 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 323,520,628 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 333,753,001 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 323,520,628 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,232,373 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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