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