taxes Property Tax Assistance

2023 ISD Summary Worksheet

091-Grayson/Grayson County

091-918/Tom Bean ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 421,469,294 N/A 421,469,294 421,469,294
B - MULTIFAMILY 4,468,479 N/A 4,468,479 4,468,479
C1 - VACANT LOTS 5,453,662 N/A 5,453,662 5,453,662
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,027,138 N/A 2,027,138 2,027,138
D2 - FARM & RANCH IMP 5,188,853 N/A 5,188,853 5,188,853
E - NON-AG LAND AND IMPROVEMENTS 215,650,901 N/A 215,650,901 215,650,901
F1 - COMMERCIAL REAL 16,675,397 N/A 16,675,397 16,675,397
F2 - INDUSTRIAL REAL 366,744 N/A 366,744 366,744
G - ALL MINERALS 228,068 N/A 228,068 228,068
J - ALL UTILITIES 16,919,833 N/A 16,919,833 16,919,833
L1 - COMMERCIAL PERSONAL 7,200,138 N/A 7,200,138 7,200,138
L2 - INDUSTRIAL PERSONAL 78,873 N/A 78,873 78,873
M1 - MOBILE HOMES 4,937,869 N/A 4,937,869 4,937,869
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,510,775 N/A 7,510,775 7,510,775
S - SPECIAL INVENTORY 27,121 N/A 27,121 27,121
Subtotal 708,203,145 0 708,203,145 708,203,145
Less Total Deductions 304,810,690 0 304,810,690 304,810,690
Total Taxable Value 403,392,455 0 403,392,455 403,392,455

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 473,364,695 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 403,392,455 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 473,364,695 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 403,392,455 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 495,909,695 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 510,939,695 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 430,468,140 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 473,364,695 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 403,392,455 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 473,364,695 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 403,392,455 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 495,909,695 T13 plus the loss to the chapter 313 agreement
T16 510,939,695 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 430,468,140 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 69,972,240 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 22,545,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,030,000 Loss to Second Previous Homestead Increase

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

091-918-02/Tom Bean ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 421,469,294 N/A 421,469,294 421,469,294
B - MULTIFAMILY 4,468,479 N/A 4,468,479 4,468,479
C1 - VACANT LOTS 5,453,662 N/A 5,453,662 5,453,662
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,027,138 N/A 2,027,138 2,027,138
D2 - FARM & RANCH IMP 5,188,853 N/A 5,188,853 5,188,853
E - NON-AG LAND AND IMPROVEMENTS 215,650,901 N/A 215,650,901 215,650,901
F1 - COMMERCIAL REAL 16,675,397 N/A 16,675,397 16,675,397
F2 - INDUSTRIAL REAL 366,744 N/A 366,744 366,744
G - ALL MINERALS 228,068 N/A 228,068 228,068
J - ALL UTILITIES 16,919,833 N/A 16,919,833 16,919,833
L1 - COMMERCIAL PERSONAL 7,200,138 N/A 7,200,138 7,200,138
L2 - INDUSTRIAL PERSONAL 78,873 N/A 78,873 78,873
M1 - MOBILE HOMES 4,937,869 N/A 4,937,869 4,937,869
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,510,775 N/A 7,510,775 7,510,775
S - SPECIAL INVENTORY 27,121 N/A 27,121 27,121
Subtotal 708,203,145 708,203,145 708,203,145
Less Total Deductions 304,810,690 304,810,690 304,810,690
Total Taxable Value 403,392,455 403,392,455 403,392,455

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 473,364,695 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 403,392,455 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 473,364,695 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 403,392,455 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 495,909,695 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 510,939,695 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 430,468,140 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 473,364,695 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 403,392,455 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 473,364,695 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 403,392,455 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 495,909,695 T13 plus the loss to the chapter 313 agreement
T16 510,939,695 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 430,468,140 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 69,972,240 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 22,545,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,030,000 Loss to Second Previous Homestead Increase