taxes Property Tax Assistance

2022 ISD Summary Worksheet

091-Grayson /Grayson County

091-914/S and S CISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 476,505,778 0.9345 509,904,524 476,505,778
B - MULTIFAMILY 1,113,866 N/A 1,113,866 1,113,866
C1 - VACANT LOTS 15,829,351 N/A 15,829,351 15,829,351
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,067,998 1.3655 2,979,137 4,067,998
D2 - FARM & RANCH IMP 7,042,385 N/A 7,042,385 7,042,385
E - NON-AG LAND AND IMPROVEMENTS 179,402,946 1.0294 174,279,139 179,402,946
F1 - COMMERCIAL REAL 23,301,251 N/A 23,301,251 23,301,251
F2 - INDUSTRIAL REAL 6,686,271 N/A 6,686,271 6,686,271
G - ALL MINERALS 51,421,898 N/A 51,421,898 51,421,898
J - ALL UTILITIES 40,130,107 N/A 40,130,107 40,130,107
L1 - COMMERCIAL PERSONAL 20,895,981 N/A 20,895,981 20,895,981
L2 - INDUSTRIAL PERSONAL 21,892,215 N/A 21,892,215 21,892,215
M1 - MOBILE HOMES 6,818,406 N/A 6,818,406 6,818,406
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,179,584 N/A 10,179,584 10,179,584
S - SPECIAL INVENTORY 1,544,360 N/A 1,544,360 1,544,360
Subtotal 866,832,397 0 894,018,475 866,832,397
Less Total Deductions 215,112,774 0 232,816,740 215,112,774
Total Taxable Value 651,719,623 0 661,201,735 651,719,623

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
670,366,029 651,719,623 670,366,029 651,719,623 688,276,029


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
18,646,406 0 17,910,000


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
670,366,029 651,719,623 670,366,029 651,719,623 688,276,029

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

091-914-02/S and S CISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 476,505,778 0.9345 509,904,524 476,505,778
B - MULTIFAMILY 1,113,866 N/A 1,113,866 1,113,866
C1 - VACANT LOTS 15,829,351 N/A 15,829,351 15,829,351
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,067,998 1.3655 2,979,137 4,067,998
D2 - FARM & RANCH IMP 7,042,385 N/A 7,042,385 7,042,385
E - NON-AG LAND AND IMPROVEMENTS 179,402,946 1.0294 174,279,139 179,402,946
F1 - COMMERCIAL REAL 23,301,251 N/A 23,301,251 23,301,251
F2 - INDUSTRIAL REAL 6,686,271 N/A 6,686,271 6,686,271
G - ALL MINERALS 51,421,898 N/A 51,421,898 51,421,898
J - ALL UTILITIES 40,130,107 N/A 40,130,107 40,130,107
L1 - COMMERCIAL PERSONAL 20,895,981 N/A 20,895,981 20,895,981
L2 - INDUSTRIAL PERSONAL 21,892,215 N/A 21,892,215 21,892,215
M1 - MOBILE HOMES 6,818,406 N/A 6,818,406 6,818,406
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,179,584 N/A 10,179,584 10,179,584
S - SPECIAL INVENTORY 1,544,360 N/A 1,544,360 1,544,360
Subtotal 866,832,397 894,018,475 866,832,397
Less Total Deductions 215,112,774 232,816,740 215,112,774
Total Taxable Value 651,719,623 661,201,735 651,719,623

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
670,366,029 651,719,623 670,366,029 651,719,623 688,276,029


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
18,646,406 0 17,910,000


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
670,366,029 651,719,623 670,366,029 651,719,623 688,276,029

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