taxes Property Tax Assistance

2021 ISD Summary Worksheet

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 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
333,753,001	323,520,628	333,753,001	323,520,628

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
10,232,373	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
333,753,001	323,520,628	333,753,001	323,520,628

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

091-918-02/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 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
333,753,001	323,520,628	333,753,001	323,520,628

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
10,232,373	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
333,753,001	323,520,628	333,753,001	323,520,628

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