taxes Property Tax Assistance

2022 ISD Summary Worksheet

238-Ward/Ward County

238-904/Grandfalls-Royalty ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 10,636,540 0.9647 11,025,749 10,636,540
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,362,980 N/A 1,362,980 1,362,980
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 210,030 0.7924 265,065 210,030
D2 - FARM & RANCH IMP 718,440 N/A 718,440 718,440
E - NON-AG LAND AND IMPROVEMENTS 4,402,670 N/A 4,402,670 4,402,670
F1 - COMMERCIAL REAL 600,920 N/A 600,920 600,920
F2 - INDUSTRIAL REAL 12,950 N/A 12,950 12,950
G - ALL MINERALS 48,125,880 1.0115 47,578,725 48,125,880
J - ALL UTILITIES 93,993,620 0.9556 98,360,841 93,993,620
L1 - COMMERCIAL PERSONAL 302,380 N/A 302,380 302,380
L2 - INDUSTRIAL PERSONAL 4,879,120 N/A 4,879,120 4,879,120
M1 - MOBILE HOMES 3,459,540 N/A 3,459,540 3,459,540
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 168,705,070 0 172,969,380 168,705,070
Less Total Deductions 10,190,240 0 10,344,227 10,190,240
Total Taxable Value 158,514,830 0 162,625,153 158,514,830

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

Measure Value Description
T1 159,309,630 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 158,514,830 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 158,871,850 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 158,077,050 T2 minus 50% of the loss to the local optional percentage homestead exemption
T15 160,549,630 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 159,309,630 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 158,514,830 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 158,871,850 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 158,077,050 T8 minus 50% of the loss to the local optional percentage homestead exemption
T16 160,549,630 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 794,800 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 437,780 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,240,000 Loss to the previous increase in the state-mandated homestead

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

238-904-02/Grandfalls-Royalty ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 10,636,540 0.9647 11,025,749 10,636,540
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,362,980 N/A 1,362,980 1,362,980
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 210,030 0.7924 265,065 210,030
D2 - FARM & RANCH IMP 718,440 N/A 718,440 718,440
E - NON-AG LAND AND IMPROVEMENTS 4,402,670 N/A 4,402,670 4,402,670
F1 - COMMERCIAL REAL 600,920 N/A 600,920 600,920
F2 - INDUSTRIAL REAL 12,950 N/A 12,950 12,950
G - ALL MINERALS 48,125,880 1.0115 47,578,725 48,125,880
J - ALL UTILITIES 93,993,620 0.9556 98,360,841 93,993,620
L1 - COMMERCIAL PERSONAL 302,380 N/A 302,380 302,380
L2 - INDUSTRIAL PERSONAL 4,879,120 N/A 4,879,120 4,879,120
M1 - MOBILE HOMES 3,459,540 N/A 3,459,540 3,459,540
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 168,705,070 172,969,380 168,705,070
Less Total Deductions 10,190,240 10,344,227 10,190,240
Total Taxable Value 158,514,830 162,625,153 158,514,830

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

Measure Value Description
T1 159,309,630 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 158,514,830 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 158,871,850 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 158,077,050 T2 minus 50% of the loss to the local optional percentage homestead exemption
T15 160,549,630 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 159,309,630 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 158,514,830 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 158,871,850 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 158,077,050 T8 minus 50% of the loss to the local optional percentage homestead exemption
T16 160,549,630 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 794,800 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 437,780 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,240,000 Loss to the previous increase in the state-mandated homestead