taxes Property Tax Assistance

2022 ISD Summary Worksheet

091-Grayson /Grayson County

091-906/Sherman ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,726,293,598 0.9538 2,858,349,337 2,726,293,598
B - MULTIFAMILY 351,429,922 0.8104 433,649,953 351,429,922
C1 - VACANT LOTS 101,432,538 N/A 101,432,538 101,432,538
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,639,259 1.4015 1,169,611 1,639,259
D2 - FARM & RANCH IMP 2,971,134 N/A 2,971,134 2,971,134
E - NON-AG LAND AND IMPROVEMENTS 140,805,648 N/A 140,805,648 140,805,648
F1 - COMMERCIAL REAL 1,035,051,740 0.9699 1,067,173,667 1,035,051,740
F2 - INDUSTRIAL REAL 576,629,576 N/A 576,629,576 576,629,576
G - ALL MINERALS 29,729,235 N/A 29,729,235 29,729,235
J - ALL UTILITIES 123,564,405 N/A 123,564,405 123,564,405
L1 - COMMERCIAL PERSONAL 350,938,224 1.0554 332,516,794 350,938,224
L2 - INDUSTRIAL PERSONAL 448,668,057 N/A 448,668,057 448,668,057
M1 - MOBILE HOMES 13,727,624 N/A 13,727,624 13,727,624
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 22,140,598 N/A 22,140,598 22,140,598
S - SPECIAL INVENTORY 31,384,692 N/A 31,384,692 31,384,692
Subtotal 5,956,406,250 0 6,183,912,869 5,956,406,250
Less Total Deductions 1,129,477,727 0 1,178,355,023 1,129,477,727
Total Taxable Value 4,826,928,523 0 5,005,557,846 4,826,928,523

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
4,931,270,096 4,826,928,523 4,931,270,096 4,826,928,523 5,014,860,096


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
104,341,573 0 83,590,000


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
4,931,270,096 4,826,928,523 4,931,270,096 4,826,928,523 5,014,860,096

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

091-906-02/Sherman ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,726,293,598 0.9538 2,858,349,337 2,726,293,598
B - MULTIFAMILY 351,429,922 0.8104 433,649,953 351,429,922
C1 - VACANT LOTS 101,432,538 N/A 101,432,538 101,432,538
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,639,259 1.4015 1,169,611 1,639,259
D2 - FARM & RANCH IMP 2,971,134 N/A 2,971,134 2,971,134
E - NON-AG LAND AND IMPROVEMENTS 140,805,648 N/A 140,805,648 140,805,648
F1 - COMMERCIAL REAL 1,035,051,740 0.9699 1,067,173,667 1,035,051,740
F2 - INDUSTRIAL REAL 576,629,576 N/A 576,629,576 576,629,576
G - ALL MINERALS 29,729,235 N/A 29,729,235 29,729,235
J - ALL UTILITIES 123,564,405 N/A 123,564,405 123,564,405
L1 - COMMERCIAL PERSONAL 350,938,224 1.0554 332,516,794 350,938,224
L2 - INDUSTRIAL PERSONAL 448,668,057 N/A 448,668,057 448,668,057
M1 - MOBILE HOMES 13,727,624 N/A 13,727,624 13,727,624
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 22,140,598 N/A 22,140,598 22,140,598
S - SPECIAL INVENTORY 31,384,692 N/A 31,384,692 31,384,692
Subtotal 5,956,406,250 6,183,912,869 5,956,406,250
Less Total Deductions 1,129,477,727 1,178,355,023 1,129,477,727
Total Taxable Value 4,826,928,523 5,005,557,846 4,826,928,523

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
4,931,270,096 4,826,928,523 4,931,270,096 4,826,928,523 5,014,860,096


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
104,341,573 0 83,590,000


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
4,931,270,096 4,826,928,523 4,931,270,096 4,826,928,523 5,014,860,096

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