taxes Property Tax Assistance

2024 ISD Summary Worksheet

Grady ISD (all splits)   Martin County  

156-Martin/Martin County

156-905/Grady ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 3,893,600 N/A 3,893,600 3,893,600
B - MULTIFAMILY 345,450 N/A 345,450 345,450
C1 - VACANT LOTS 72,680 N/A 72,680 72,680
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,118,861 0.2539 12,285,507 3,118,861
D2 - FARM & RANCH IMP 6,629,020 N/A 6,629,020 6,629,020
E - NON-AG LAND AND IMPROVEMENTS 39,350,350 N/A 39,350,350 39,350,350
F1 - COMMERCIAL REAL 2,452,050 N/A 2,452,050 2,452,050
F2 - INDUSTRIAL REAL 393,287,960 N/A 393,287,960 393,287,960
G - ALL MINERALS 9,029,832,760 1.0007 9,023,516,299 9,029,832,760
J - ALL UTILITIES 415,846,360 1.0170 408,895,143 415,846,360
L1 - COMMERCIAL PERSONAL 1,216,890 N/A 1,216,890 1,216,890
L2 - INDUSTRIAL PERSONAL 239,747,200 N/A 239,747,200 239,747,200
M1 - MOBILE HOMES 1,849,820 N/A 1,849,820 1,849,820
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 10,137,643,001 0 10,133,541,969 10,137,643,001
Less Total Deductions 283,019,937 0 283,019,937 283,019,937
Total Taxable Value 9,854,623,064 0 9,850,522,032 9,854,623,064

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's office 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 school 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 9,859,355,664 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,854,623,064 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 9,858,133,704 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,853,401,104 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,861,005,664 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,862,105,664 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 9,855,364,769 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 9,859,355,664 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,854,623,064 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 9,858,133,704 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,853,401,104 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,861,005,664 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,862,105,664 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 9,855,364,769 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,732,600 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 1,221,960 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,650,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,100,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


Back to top

156-905-02/Grady ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 3,893,600 N/A 3,893,600 3,893,600
B - MULTIFAMILY 345,450 N/A 345,450 345,450
C1 - VACANT LOTS 72,680 N/A 72,680 72,680
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,118,861 0.2539 12,285,507 3,118,861
D2 - FARM & RANCH IMP 6,629,020 N/A 6,629,020 6,629,020
E - NON-AG LAND AND IMPROVEMENTS 39,350,350 N/A 39,350,350 39,350,350
F1 - COMMERCIAL REAL 2,452,050 N/A 2,452,050 2,452,050
F2 - INDUSTRIAL REAL 393,287,960 N/A 393,287,960 393,287,960
G - ALL MINERALS 9,029,832,760 1.0007 9,023,516,299 9,029,832,760
J - ALL UTILITIES 415,846,360 1.0170 408,895,143 415,846,360
L1 - COMMERCIAL PERSONAL 1,216,890 N/A 1,216,890 1,216,890
L2 - INDUSTRIAL PERSONAL 239,747,200 N/A 239,747,200 239,747,200
M1 - MOBILE HOMES 1,849,820 N/A 1,849,820 1,849,820
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 10,137,643,001 10,133,541,969 10,137,643,001
Less Total Deductions 283,019,937 283,019,937 283,019,937
Total Taxable Value 9,854,623,064 9,850,522,032 9,854,623,064

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's office 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 school 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 9,859,355,664 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,854,623,064 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 9,858,133,704 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,853,401,104 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,861,005,664 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,862,105,664 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 9,855,364,769 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 9,859,355,664 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,854,623,064 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 9,858,133,704 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,853,401,104 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,861,005,664 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,862,105,664 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 9,855,364,769 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,732,600 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 1,221,960 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,650,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,100,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top