taxes Property Tax Assistance

2022 ISD Summary Worksheet

Blooming Grove ISD (all splits)   Navarro County  

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's office 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 school 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

Measure Value Description
T1 377,854,764 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 364,377,759 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 377,854,764 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 364,377,759 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 389,654,764 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 477,818,614 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 464,341,609 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 477,818,614 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 464,341,609 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 489,618,614 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,477,005 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,800,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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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's office 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 school 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

Measure Value Description
T1 377,854,764 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 364,377,759 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 377,854,764 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 364,377,759 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 389,654,764 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 477,818,614 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 464,341,609 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 477,818,614 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 464,341,609 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 489,618,614 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,477,005 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,800,000 Loss to the second most recent increase in the state-mandated homestead exemption

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