taxes Property Tax Assistance

2023 ISD Summary Worksheet

Groesbeck ISD (all splits)   Falls County   Limestone County   Robertson County  

073-Falls/Falls County

147-902/Groesbeck ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 84,600 N/A 84,600 84,600
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 97,660 N/A 97,660 97,660
D2 - FARM & RANCH IMP 60,370 N/A 60,370 60,370
E - NON-AG LAND AND IMPROVEMENTS 775,960 N/A 775,960 775,960
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 73,210 N/A 73,210 73,210
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 12,230 N/A 12,230 12,230
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 1,104,030 0 1,104,030 1,104,030
Less Total Deductions 322,386 0 322,386 322,386
Total Taxable Value 781,644 0 781,644 781,644

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 924,830 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 781,644 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 924,830 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 781,644 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 969,830 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 999,830 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 781,644 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 924,830 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 781,644 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 924,830 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 781,644 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 969,830 T13 plus the loss to the chapter 313 agreement
T16 999,830 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 781,644 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 143,186 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 45,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 30,000 Loss to Second Previous Homestead Increase

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


Back to top


147-Limestone/Limestone County

147-902/Groesbeck ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 498,220,669 0.7289 683,524,035 683,524,035
B - MULTIFAMILY 2,885,150 N/A 2,885,150 2,885,150
C1 - VACANT LOTS 15,600,362 N/A 15,600,362 15,600,362
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,123,402 0.7321 13,828,099 13,828,099
D2 - FARM & RANCH IMP 16,473,531 N/A 16,473,531 16,473,531
E - NON-AG LAND AND IMPROVEMENTS 299,719,657 0.6625 452,407,029 452,407,029
F1 - COMMERCIAL REAL 43,931,791 N/A 43,931,791 43,931,791
F2 - INDUSTRIAL REAL 340,247,590 N/A 340,247,590 340,247,590
G - ALL MINERALS 108,353,910 1.0083 107,461,976 107,461,976
J - ALL UTILITIES 290,044,750 0.9470 306,277,455 306,277,455
L1 - COMMERCIAL PERSONAL 10,668,443 N/A 10,668,443 10,668,443
L2 - INDUSTRIAL PERSONAL 74,587,860 N/A 74,587,860 74,587,860
M1 - MOBILE HOMES 9,978,901 N/A 9,978,901 9,978,901
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 250,290 N/A 250,290 250,290
S - SPECIAL INVENTORY 195,670 N/A 195,670 195,670
Subtotal 1,721,281,976 0 2,078,318,182 2,078,318,182
Less Total Deductions 311,027,124 0 400,935,294 400,935,294
Total Taxable Value 1,410,254,852 0 1,677,382,888 1,677,382,888

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 1,765,486,941 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,677,382,888 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 1,765,486,941 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,677,382,888 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,804,291,941 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,830,161,941 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,643,969,664 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,765,486,941 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,677,382,888 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 1,765,486,941 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,677,382,888 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,804,291,941 T13 plus the loss to the chapter 313 agreement
T16 1,830,161,941 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,643,969,664 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 88,104,053 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 38,805,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 25,870,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE


Back to top


198-Robertson/Robertson County

147-902/Groesbeck ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 185,973 N/A 185,973 185,973
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 823,888 N/A 823,888 823,888
D2 - FARM & RANCH IMP 271,100 N/A 271,100 271,100
E - NON-AG LAND AND IMPROVEMENTS 1,518,651 N/A 1,518,651 1,518,651
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 235,206 N/A 235,206 235,206
G - ALL MINERALS 1,435,215 N/A 1,435,215 1,435,215
J - ALL UTILITIES 360,634 N/A 360,634 360,634
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 22,230,967 N/A 22,230,967 22,230,967
M1 - MOBILE HOMES 309,896 N/A 309,896 309,896
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 27,371,530 0 27,371,530 27,371,530
Less Total Deductions 265,705 0 265,705 265,705
Total Taxable Value 27,105,825 0 27,105,825 27,105,825

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 27,105,825 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 27,105,825 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 27,105,825 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 27,105,825 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 27,155,468 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 27,195,468 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 27,105,825 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 27,105,825 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 27,105,825 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 27,105,825 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 27,105,825 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 27,155,468 T13 plus the loss to the chapter 313 agreement
T16 27,195,468 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 27,105,825 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 49,643 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 40,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED


Back to top


147-902-02/Groesbeck ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 498,491,242 0.7290 683,794,608 683,794,608
B - MULTIFAMILY 2,885,150 N/A 2,885,150 2,885,150
C1 - VACANT LOTS 15,600,362 N/A 15,600,362 15,600,362
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,044,950 0.7488 14,749,647 14,749,647
D2 - FARM & RANCH IMP 16,805,001 N/A 16,805,001 16,805,001
E - NON-AG LAND AND IMPROVEMENTS 302,014,268 0.6642 454,701,640 454,701,640
F1 - COMMERCIAL REAL 43,931,791 N/A 43,931,791 43,931,791
F2 - INDUSTRIAL REAL 340,482,796 N/A 340,482,796 340,482,796
G - ALL MINERALS 109,789,125 1.0082 108,897,191 108,897,191
J - ALL UTILITIES 290,478,594 0.9471 306,711,299 306,711,299
L1 - COMMERCIAL PERSONAL 10,668,443 N/A 10,668,443 10,668,443
L2 - INDUSTRIAL PERSONAL 96,818,827 N/A 96,818,827 96,818,827
M1 - MOBILE HOMES 10,301,027 N/A 10,301,027 10,301,027
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 250,290 N/A 250,290 250,290
S - SPECIAL INVENTORY 195,670 N/A 195,670 195,670
Subtotal 1,749,757,536 2,106,793,742 2,106,793,742
Less Total Deductions 311,615,215 401,523,385 401,523,385
Total Taxable Value 1,438,142,321 1,705,270,357 1,705,270,357

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 1,793,517,596 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,705,270,357 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 1,793,517,596 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,705,270,357 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,832,417,239 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,858,357,239 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,671,857,133 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,793,517,596 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,705,270,357 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 1,793,517,596 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,705,270,357 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,832,417,239 T13 plus the loss to the chapter 313 agreement
T16 1,858,357,239 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,671,857,133 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 88,247,239 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 38,899,643 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 25,940,000 Loss to Second Previous Homestead Increase

Back to top