taxes Property Tax Assistance

2021 ISD Summary Worksheet

091-Grayson /Grayson County

091-914/S and S CISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 353,228,190 N/A 353,228,190 353,228,190
B - MULTIFAMILY 890,578 N/A 890,578 890,578
C1 - VACANT LOTS 10,586,772 N/A 10,586,772 10,586,772
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,223,800 N/A 4,223,800 4,223,800
D2 - FARM & RANCH IMP 5,591,522 N/A 5,591,522 5,591,522
E - NON-AG LAND AND IMPROVEMENTS 132,446,049 N/A 132,446,049 132,446,049
F1 - COMMERCIAL REAL 17,878,959 N/A 17,878,959 17,878,959
F2 - INDUSTRIAL REAL 5,623,136 N/A 5,623,136 5,623,136
G - ALL MINERALS 26,960,803 N/A 26,960,803 26,960,803
J - ALL UTILITIES 38,833,467 N/A 38,833,467 38,833,467
L1 - COMMERCIAL PERSONAL 15,947,576 N/A 15,947,576 15,947,576
L2 - INDUSTRIAL PERSONAL 12,626,469 N/A 12,626,469 12,626,469
M1 - MOBILE HOMES 5,100,711 N/A 5,100,711 5,100,711
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,122,703 N/A 1,122,703 1,122,703
S - SPECIAL INVENTORY 1,042,977 N/A 1,042,977 1,042,977
Subtotal 632,103,712 0 632,103,712 632,103,712
Less Total Deductions 123,926,164 0 123,926,164 123,926,164
Total Taxable Value 508,177,548 0 508,177,548 508,177,548

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
521,178,503 508,177,548 521,178,503 508,177,548


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,000,955 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
521,178,503 508,177,548 521,178,503 508,177,548

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

091-914-02/S and S CISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 353,228,190 N/A 353,228,190 353,228,190
B - MULTIFAMILY 890,578 N/A 890,578 890,578
C1 - VACANT LOTS 10,586,772 N/A 10,586,772 10,586,772
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,223,800 N/A 4,223,800 4,223,800
D2 - FARM & RANCH IMP 5,591,522 N/A 5,591,522 5,591,522
E - NON-AG LAND AND IMPROVEMENTS 132,446,049 N/A 132,446,049 132,446,049
F1 - COMMERCIAL REAL 17,878,959 N/A 17,878,959 17,878,959
F2 - INDUSTRIAL REAL 5,623,136 N/A 5,623,136 5,623,136
G - ALL MINERALS 26,960,803 N/A 26,960,803 26,960,803
J - ALL UTILITIES 38,833,467 N/A 38,833,467 38,833,467
L1 - COMMERCIAL PERSONAL 15,947,576 N/A 15,947,576 15,947,576
L2 - INDUSTRIAL PERSONAL 12,626,469 N/A 12,626,469 12,626,469
M1 - MOBILE HOMES 5,100,711 N/A 5,100,711 5,100,711
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,122,703 N/A 1,122,703 1,122,703
S - SPECIAL INVENTORY 1,042,977 N/A 1,042,977 1,042,977
Subtotal 632,103,712 632,103,712 632,103,712
Less Total Deductions 123,926,164 123,926,164 123,926,164
Total Taxable Value 508,177,548 508,177,548 508,177,548

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
521,178,503 508,177,548 521,178,503 508,177,548


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,000,955 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
521,178,503 508,177,548 521,178,503 508,177,548

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