taxes Property Tax Assistance

2021 ISD Summary Worksheet

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 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
4,203,179,955	4,131,847,055	4,203,179,955	4,131,847,055

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
71,332,900	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
4,203,179,955	4,131,847,055	4,203,179,955	4,131,847,055

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

091-906-02/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 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
4,203,179,955	4,131,847,055	4,203,179,955	4,131,847,055

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
71,332,900	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
4,203,179,955	4,131,847,055	4,203,179,955	4,131,847,055

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