taxes Property Tax Assistance

2021 ISD Summary Worksheet

175-Navarro /Navarro County

175-902/Blooming Grove ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	72,732,490	0.8606	84,513,700	72,732,490
B - MULTIFAMILY	144,860	N/A	144,860	144,860
C1 - VACANT LOTS	5,165,380	N/A	5,165,380	5,165,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,959,176	1.2618	9,477,555	11,959,176
D2 - FARM & RANCH IMP	2,272,770	N/A	2,272,770	2,272,770
E - NON-AG LAND AND IMPROVEMENTS	165,652,470	0.8852	187,135,642	165,652,470
F1 - COMMERCIAL REAL	3,530,520	N/A	3,530,520	3,530,520
F2 - INDUSTRIAL REAL	4,194,710	N/A	4,194,710	4,194,710
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	65,682,610	1.1309	58,079,945	65,682,610
L1 - COMMERCIAL PERSONAL	5,800,160	N/A	5,800,160	5,800,160
L2 - INDUSTRIAL PERSONAL	939,790	N/A	939,790	939,790
M1 - MOBILE HOMES	7,457,370	N/A	7,457,370	7,457,370
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,690	N/A	1,690	1,690
Subtotal	345,533,996	0	368,714,092	345,533,996
Less Total Deductions	53,989,238	0	63,333,318	53,989,238
Total Taxable Value	291,544,758	0	305,380,774	291,544,758

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
300,735,672	291,544,758	300,735,672	291,544,758

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,190,914	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
300,735,672	291,544,758	300,735,672	291,544,758

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

175-902-02/Blooming Grove ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	72,732,490	0.8606	84,513,700	72,732,490
B - MULTIFAMILY	144,860	N/A	144,860	144,860
C1 - VACANT LOTS	5,165,380	N/A	5,165,380	5,165,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,959,176	1.2618	9,477,555	11,959,176
D2 - FARM & RANCH IMP	2,272,770	N/A	2,272,770	2,272,770
E - NON-AG LAND AND IMPROVEMENTS	165,652,470	0.8852	187,135,642	165,652,470
F1 - COMMERCIAL REAL	3,530,520	N/A	3,530,520	3,530,520
F2 - INDUSTRIAL REAL	4,194,710	N/A	4,194,710	4,194,710
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	65,682,610	1.1309	58,079,945	65,682,610
L1 - COMMERCIAL PERSONAL	5,800,160	N/A	5,800,160	5,800,160
L2 - INDUSTRIAL PERSONAL	939,790	N/A	939,790	939,790
M1 - MOBILE HOMES	7,457,370	N/A	7,457,370	7,457,370
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,690	N/A	1,690	1,690
Subtotal	345,533,996		368,714,092	345,533,996
Less Total Deductions	53,989,238		63,333,318	53,989,238
Total Taxable Value	291,544,758		305,380,774	291,544,758

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
300,735,672	291,544,758	300,735,672	291,544,758

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
9,190,914	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
300,735,672	291,544,758	300,735,672	291,544,758

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