taxes Property Tax Assistance

2025 ISD Summary Worksheet

Sherman ISD (all splits)   Grayson County  

091-Grayson/Grayson County

091-906/Sherman ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 3,452,726,748 N/A 3,452,726,748 3,452,726,748
B - MULTIFAMILY 612,116,129 N/A 612,116,129 612,116,129
C1 - VACANT LOTS 156,330,044 N/A 156,330,044 156,330,044
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,365,890 N/A 1,365,890 1,365,890
D2 - FARM & RANCH IMP 3,911,881 N/A 3,911,881 3,911,881
E - NON-AG LAND AND IMPROVEMENTS 277,805,041 N/A 277,805,041 277,805,041
F1 - COMMERCIAL REAL 1,289,563,314 N/A 1,289,563,314 1,289,563,314
F2 - INDUSTRIAL REAL 4,529,578,585 N/A 4,529,578,585 4,529,578,585
G - ALL MINERALS 30,732,979 N/A 30,732,979 30,732,979
J - ALL UTILITIES 169,540,056 N/A 169,540,056 169,540,056
L1 - COMMERCIAL PERSONAL 410,305,665 N/A 410,305,665 410,305,665
L2 - INDUSTRIAL PERSONAL 1,376,622,807 N/A 1,376,622,807 1,376,622,807
M1 - MOBILE HOMES 18,118,255 N/A 18,118,255 18,118,255
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 141,400,765 N/A 141,400,765 141,400,765
S - SPECIAL INVENTORY 29,851,947 N/A 29,851,947 29,851,947
Subtotal 12,499,970,106 0 12,499,970,106 12,499,970,106
Less Total Deductions 6,324,664,654 0 6,324,664,654 6,324,664,654
Total Taxable Value 6,175,305,452 0 6,175,305,452 6,175,305,452

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 6,458,737,941 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,175,305,452 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 6,458,737,941 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,175,305,452 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,952,719,725 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 7,086,890,152 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 6,355,820,928 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
T19 7,177,593,979 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 6,313,950,637 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 10,727,088,288 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 10,443,655,799 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 10,727,088,288 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 10,443,655,799 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 11,221,070,072 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 11,355,240,499 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 10,624,171,275 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
T20 11,445,944,326 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 10,582,300,984 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 283,432,489 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 493,981,784 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 134,170,427 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 90,703,827 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 138,645,185 Loss to the increase in the Over-65/Disabled Homestead

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


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091-906-02/Sherman ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 3,452,726,748 N/A 3,452,726,748 3,452,726,748
B - MULTIFAMILY 612,116,129 N/A 612,116,129 612,116,129
C1 - VACANT LOTS 156,330,044 N/A 156,330,044 156,330,044
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,365,890 N/A 1,365,890 1,365,890
D2 - FARM & RANCH IMP 3,911,881 N/A 3,911,881 3,911,881
E - NON-AG LAND AND IMPROVEMENTS 277,805,041 N/A 277,805,041 277,805,041
F1 - COMMERCIAL REAL 1,289,563,314 N/A 1,289,563,314 1,289,563,314
F2 - INDUSTRIAL REAL 4,529,578,585 N/A 4,529,578,585 4,529,578,585
G - ALL MINERALS 30,732,979 N/A 30,732,979 30,732,979
J - ALL UTILITIES 169,540,056 N/A 169,540,056 169,540,056
L1 - COMMERCIAL PERSONAL 410,305,665 N/A 410,305,665 410,305,665
L2 - INDUSTRIAL PERSONAL 1,376,622,807 N/A 1,376,622,807 1,376,622,807
M1 - MOBILE HOMES 18,118,255 N/A 18,118,255 18,118,255
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 141,400,765 N/A 141,400,765 141,400,765
S - SPECIAL INVENTORY 29,851,947 N/A 29,851,947 29,851,947
Subtotal 12,499,970,106 12,499,970,106 12,499,970,106
Less Total Deductions 6,324,664,654 6,324,664,654 6,324,664,654
Total Taxable Value 6,175,305,452 6,175,305,452 6,175,305,452

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 6,458,737,941 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,175,305,452 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 6,458,737,941 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,175,305,452 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,952,719,725 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 7,086,890,152 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 6,355,820,928 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
T19 7,177,593,979 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 6,313,950,637 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 10,727,088,288 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 10,443,655,799 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 10,727,088,288 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 10,443,655,799 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 11,221,070,072 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 11,355,240,499 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 10,624,171,275 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
T20 11,445,944,326 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 10,582,300,984 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 283,432,489 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 493,981,784 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 134,170,427 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 90,703,827 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 138,645,185 Loss to the increase in the Over-65/Disabled Homestead

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