taxes Property Tax Assistance

2022 ISD Summary Worksheet

175-Navarro/Navarro County

175-902/Blooming Grove ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	91,013,040	0.8584	106,026,375	91,013,040
B - MULTIFAMILY	278,600	N/A	278,600	278,600
C1 - VACANT LOTS	7,063,300	N/A	7,063,300	7,063,300
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,678,796	1.0749	10,864,713	11,678,796
D2 - FARM & RANCH IMP	2,620,110	N/A	2,620,110	2,620,110
E - NON-AG LAND AND IMPROVEMENTS	224,422,200	0.8514	263,591,966	224,422,200
F1 - COMMERCIAL REAL	3,431,200	N/A	3,431,200	3,431,200
F2 - INDUSTRIAL REAL	120,363,270	N/A	120,363,270	120,363,270
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	71,296,670	0.9437	75,550,143	71,296,670
L1 - COMMERCIAL PERSONAL	6,229,370	N/A	6,229,370	6,229,370
L2 - INDUSTRIAL PERSONAL	1,094,020	N/A	1,094,020	1,094,020
M1 - MOBILE HOMES	9,983,200	N/A	9,983,200	9,983,200
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	16,740	N/A	16,740	16,740
Subtotal	549,490,516	0	607,113,007	549,490,516
Less Total Deductions	185,112,757	0	197,934,527	185,112,757
Total Taxable Value	364,377,759	0	409,178,480	364,377,759

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	T13
377,854,764	364,377,759	377,854,764	364,377,759	389,654,764

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
13,477,005	0	11,800,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
477,818,614	464,341,609	477,818,614	464,341,609	489,618,614

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

175-902-02/Blooming Grove ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	91,013,040	0.8584	106,026,375	91,013,040
B - MULTIFAMILY	278,600	N/A	278,600	278,600
C1 - VACANT LOTS	7,063,300	N/A	7,063,300	7,063,300
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,678,796	1.0749	10,864,713	11,678,796
D2 - FARM & RANCH IMP	2,620,110	N/A	2,620,110	2,620,110
E - NON-AG LAND AND IMPROVEMENTS	224,422,200	0.8514	263,591,966	224,422,200
F1 - COMMERCIAL REAL	3,431,200	N/A	3,431,200	3,431,200
F2 - INDUSTRIAL REAL	120,363,270	N/A	120,363,270	120,363,270
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	71,296,670	0.9437	75,550,143	71,296,670
L1 - COMMERCIAL PERSONAL	6,229,370	N/A	6,229,370	6,229,370
L2 - INDUSTRIAL PERSONAL	1,094,020	N/A	1,094,020	1,094,020
M1 - MOBILE HOMES	9,983,200	N/A	9,983,200	9,983,200
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	16,740	N/A	16,740	16,740
Subtotal	549,490,516		607,113,007	549,490,516
Less Total Deductions	185,112,757		197,934,527	185,112,757
Total Taxable Value	364,377,759		409,178,480	364,377,759

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	T13
377,854,764	364,377,759	377,854,764	364,377,759	389,654,764

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
13,477,005	0	11,800,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
477,818,614	464,341,609	477,818,614	464,341,609	489,618,614

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement