taxes Property Tax Assistance

2021 ISD Summary Worksheet

091-Grayson /Grayson County

091-905/Howe ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 310,432,456 N/A 310,432,456 310,432,456
B - MULTIFAMILY 10,238,616 N/A 10,238,616 10,238,616
C1 - VACANT LOTS 5,928,369 N/A 5,928,369 5,928,369
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,128,834 N/A 4,128,834 4,128,834
D2 - FARM & RANCH IMP 3,599,848 N/A 3,599,848 3,599,848
E - NON-AG LAND AND IMPROVEMENTS 73,577,740 N/A 73,577,740 73,577,740
F1 - COMMERCIAL REAL 21,284,574 N/A 21,284,574 21,284,574
F2 - INDUSTRIAL REAL 3,531,243 N/A 3,531,243 3,531,243
G - ALL MINERALS 784,785 N/A 784,785 784,785
J - ALL UTILITIES 32,320,964 N/A 32,320,964 32,320,964
L1 - COMMERCIAL PERSONAL 7,146,999 N/A 7,146,999 7,146,999
L2 - INDUSTRIAL PERSONAL 5,701,106 N/A 5,701,106 5,701,106
M1 - MOBILE HOMES 6,497,084 N/A 6,497,084 6,497,084
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 359,474 N/A 359,474 359,474
S - SPECIAL INVENTORY 46,155 N/A 46,155 46,155
Subtotal 485,578,247 0 485,578,247 485,578,247
Less Total Deductions 90,231,040 0 90,231,040 90,231,040
Total Taxable Value 395,347,207 0 395,347,207 395,347,207

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
406,253,117 395,347,207 406,253,117 395,347,207


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,905,910 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
406,253,117 395,347,207 406,253,117 395,347,207

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

091-905-02/Howe ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 310,432,456 N/A 310,432,456 310,432,456
B - MULTIFAMILY 10,238,616 N/A 10,238,616 10,238,616
C1 - VACANT LOTS 5,928,369 N/A 5,928,369 5,928,369
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,128,834 N/A 4,128,834 4,128,834
D2 - FARM & RANCH IMP 3,599,848 N/A 3,599,848 3,599,848
E - NON-AG LAND AND IMPROVEMENTS 73,577,740 N/A 73,577,740 73,577,740
F1 - COMMERCIAL REAL 21,284,574 N/A 21,284,574 21,284,574
F2 - INDUSTRIAL REAL 3,531,243 N/A 3,531,243 3,531,243
G - ALL MINERALS 784,785 N/A 784,785 784,785
J - ALL UTILITIES 32,320,964 N/A 32,320,964 32,320,964
L1 - COMMERCIAL PERSONAL 7,146,999 N/A 7,146,999 7,146,999
L2 - INDUSTRIAL PERSONAL 5,701,106 N/A 5,701,106 5,701,106
M1 - MOBILE HOMES 6,497,084 N/A 6,497,084 6,497,084
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 359,474 N/A 359,474 359,474
S - SPECIAL INVENTORY 46,155 N/A 46,155 46,155
Subtotal 485,578,247 485,578,247 485,578,247
Less Total Deductions 90,231,040 90,231,040 90,231,040
Total Taxable Value 395,347,207 395,347,207 395,347,207

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
406,253,117 395,347,207 406,253,117 395,347,207


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,905,910 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
406,253,117 395,347,207 406,253,117 395,347,207

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