taxes Property Tax Assistance

2021 ISD Summary Worksheet

Iola ISD (all splits)   Grimes County  

093-Grimes/Grimes County

093-903/Iola ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 155,325,550 N/A 155,325,550 155,325,550
B - MULTIFAMILY 136,840 N/A 136,840 136,840
C1 - VACANT LOTS 17,064,900 N/A 17,064,900 17,064,900
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,418,598 N/A 5,418,598 5,418,598
D2 - FARM & RANCH IMP 8,858,781 N/A 8,858,781 8,858,781
E - NON-AG LAND AND IMPROVEMENTS 169,761,914 N/A 169,761,914 169,761,914
F1 - COMMERCIAL REAL 4,458,361 N/A 4,458,361 4,458,361
F2 - INDUSTRIAL REAL 3,784,880 N/A 3,784,880 3,784,880
G - ALL MINERALS 51,944,794 N/A 51,944,794 51,944,794
J - ALL UTILITIES 59,139,044 N/A 59,139,044 59,139,044
L1 - COMMERCIAL PERSONAL 5,713,774 N/A 5,713,774 5,713,774
L2 - INDUSTRIAL PERSONAL 904,254 N/A 904,254 904,254
M1 - MOBILE HOMES 10,524,550 N/A 10,524,550 10,524,550
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,218,176 N/A 1,218,176 1,218,176
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 494,254,416 0 494,254,416 494,254,416
Less Total Deductions 54,309,210 0 54,309,210 54,309,210
Total Taxable Value 439,945,206 0 439,945,206 439,945,206

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 447,899,832 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 439,945,206 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 447,899,832 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 439,945,206 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 447,899,832 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 439,945,206 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 447,899,832 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 439,945,206 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 7,954,626 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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093-903-02/Iola ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 155,325,550 N/A 155,325,550 155,325,550
B - MULTIFAMILY 136,840 N/A 136,840 136,840
C1 - VACANT LOTS 17,064,900 N/A 17,064,900 17,064,900
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,418,598 N/A 5,418,598 5,418,598
D2 - FARM & RANCH IMP 8,858,781 N/A 8,858,781 8,858,781
E - NON-AG LAND AND IMPROVEMENTS 169,761,914 N/A 169,761,914 169,761,914
F1 - COMMERCIAL REAL 4,458,361 N/A 4,458,361 4,458,361
F2 - INDUSTRIAL REAL 3,784,880 N/A 3,784,880 3,784,880
G - ALL MINERALS 51,944,794 N/A 51,944,794 51,944,794
J - ALL UTILITIES 59,139,044 N/A 59,139,044 59,139,044
L1 - COMMERCIAL PERSONAL 5,713,774 N/A 5,713,774 5,713,774
L2 - INDUSTRIAL PERSONAL 904,254 N/A 904,254 904,254
M1 - MOBILE HOMES 10,524,550 N/A 10,524,550 10,524,550
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,218,176 N/A 1,218,176 1,218,176
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 494,254,416 494,254,416 494,254,416
Less Total Deductions 54,309,210 54,309,210 54,309,210
Total Taxable Value 439,945,206 439,945,206 439,945,206

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 447,899,832 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 439,945,206 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 447,899,832 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 439,945,206 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 447,899,832 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 439,945,206 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 447,899,832 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 439,945,206 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 7,954,626 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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