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