taxes Property Tax Assistance

2022 ISD Summary Worksheet

091-Grayson /Grayson County

091-901/Bells ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	252,588,708	1.0045	251,457,151	252,588,708
B - MULTIFAMILY	4,179,015	N/A	4,179,015	4,179,015
C1 - VACANT LOTS	4,777,162	N/A	4,777,162	4,777,162
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,506,370	1.6494	913,287	1,506,370
D2 - FARM & RANCH IMP	6,187,525	N/A	6,187,525	6,187,525
E - NON-AG LAND AND IMPROVEMENTS	183,527,991	0.9930	184,821,743	183,527,991
F1 - COMMERCIAL REAL	13,056,151	N/A	13,056,151	13,056,151
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	64,385,390	0.9403	68,473,243	64,385,390
L1 - COMMERCIAL PERSONAL	9,124,845	N/A	9,124,845	9,124,845
L2 - INDUSTRIAL PERSONAL	26,081,486	N/A	26,081,486	26,081,486
M1 - MOBILE HOMES	3,948,288	N/A	3,948,288	3,948,288
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	569,362,931	0	573,019,896	569,362,931
Less Total Deductions	165,176,402	0	164,414,073	165,176,402
Total Taxable Value	404,186,529	0	408,605,823	404,186,529

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
418,220,271	404,186,529	418,220,271	404,186,529	430,590,271

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
14,033,742	0	12,370,000

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
418,220,271	404,186,529	418,220,271	404,186,529	430,590,271

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

091-901-02/Bells ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	252,588,708	1.0045	251,457,151	252,588,708
B - MULTIFAMILY	4,179,015	N/A	4,179,015	4,179,015
C1 - VACANT LOTS	4,777,162	N/A	4,777,162	4,777,162
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,506,370	1.6494	913,287	1,506,370
D2 - FARM & RANCH IMP	6,187,525	N/A	6,187,525	6,187,525
E - NON-AG LAND AND IMPROVEMENTS	183,527,991	0.9930	184,821,743	183,527,991
F1 - COMMERCIAL REAL	13,056,151	N/A	13,056,151	13,056,151
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	64,385,390	0.9403	68,473,243	64,385,390
L1 - COMMERCIAL PERSONAL	9,124,845	N/A	9,124,845	9,124,845
L2 - INDUSTRIAL PERSONAL	26,081,486	N/A	26,081,486	26,081,486
M1 - MOBILE HOMES	3,948,288	N/A	3,948,288	3,948,288
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	569,362,931		573,019,896	569,362,931
Less Total Deductions	165,176,402		164,414,073	165,176,402
Total Taxable Value	404,186,529		408,605,823	404,186,529

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
418,220,271	404,186,529	418,220,271	404,186,529	430,590,271

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
14,033,742	0	12,370,000

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
418,220,271	404,186,529	418,220,271	404,186,529	430,590,271

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