taxes Property Tax Assistance

2023 ISD Summary Worksheet

091-Grayson/Grayson County

091-901/Bells ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 289,798,628 N/A 289,798,628 289,798,628
B - MULTIFAMILY 4,501,221 N/A 4,501,221 4,501,221
C1 - VACANT LOTS 5,168,338 N/A 5,168,338 5,168,338
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,432,009 N/A 1,432,009 1,432,009
D2 - FARM & RANCH IMP 7,099,665 N/A 7,099,665 7,099,665
E - NON-AG LAND AND IMPROVEMENTS 211,581,737 N/A 211,581,737 211,581,737
F1 - COMMERCIAL REAL 15,822,608 N/A 15,822,608 15,822,608
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 62,878,100 N/A 62,878,100 62,878,100
L1 - COMMERCIAL PERSONAL 10,689,945 N/A 10,689,945 10,689,945
L2 - INDUSTRIAL PERSONAL 26,089,167 N/A 26,089,167 26,089,167
M1 - MOBILE HOMES 4,436,339 N/A 4,436,339 4,436,339
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 639,497,757 0 639,497,757 639,497,757
Less Total Deductions 251,797,270 0 251,797,270 251,797,270
Total Taxable Value 387,700,487 0 387,700,487 387,700,487

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 447,895,615 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 387,700,487 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 447,895,615 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 387,700,487 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 466,615,615 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 479,095,615 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 403,988,823 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 447,895,615 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 387,700,487 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 447,895,615 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 387,700,487 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 466,615,615 T13 plus the loss to the chapter 313 agreement
T16 479,095,615 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 403,988,823 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 60,195,128 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 18,720,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 12,480,000 Loss to Second Previous Homestead Increase

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

091-901-02/Bells ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 289,798,628 N/A 289,798,628 289,798,628
B - MULTIFAMILY 4,501,221 N/A 4,501,221 4,501,221
C1 - VACANT LOTS 5,168,338 N/A 5,168,338 5,168,338
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,432,009 N/A 1,432,009 1,432,009
D2 - FARM & RANCH IMP 7,099,665 N/A 7,099,665 7,099,665
E - NON-AG LAND AND IMPROVEMENTS 211,581,737 N/A 211,581,737 211,581,737
F1 - COMMERCIAL REAL 15,822,608 N/A 15,822,608 15,822,608
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 62,878,100 N/A 62,878,100 62,878,100
L1 - COMMERCIAL PERSONAL 10,689,945 N/A 10,689,945 10,689,945
L2 - INDUSTRIAL PERSONAL 26,089,167 N/A 26,089,167 26,089,167
M1 - MOBILE HOMES 4,436,339 N/A 4,436,339 4,436,339
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 639,497,757 639,497,757 639,497,757
Less Total Deductions 251,797,270 251,797,270 251,797,270
Total Taxable Value 387,700,487 387,700,487 387,700,487

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 447,895,615 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 387,700,487 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 447,895,615 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 387,700,487 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 466,615,615 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 479,095,615 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 403,988,823 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 447,895,615 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 387,700,487 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 447,895,615 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 387,700,487 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 466,615,615 T13 plus the loss to the chapter 313 agreement
T16 479,095,615 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 403,988,823 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 60,195,128 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 18,720,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 12,480,000 Loss to Second Previous Homestead Increase