taxes Property Tax Assistance

2025 ISD Summary Worksheet

Iola ISD (all splits)   Grimes County  

093-Grimes/Grimes County

093-903/Iola ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 338,362,564 N/A 338,362,564 338,362,564
B - MULTIFAMILY 212,960 N/A 212,960 212,960
C1 - VACANT LOTS 29,028,439 N/A 29,028,439 29,028,439
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,576,747 N/A 5,576,747 5,576,747
D2 - FARM & RANCH IMP 11,232,150 N/A 11,232,150 11,232,150
E - NON-AG LAND AND IMPROVEMENTS 270,962,480 N/A 270,962,480 270,962,480
F1 - COMMERCIAL REAL 11,133,499 N/A 11,133,499 11,133,499
F2 - INDUSTRIAL REAL 3,275,910 N/A 3,275,910 3,275,910
G - ALL MINERALS 42,029,931 N/A 42,029,931 42,029,931
J - ALL UTILITIES 453,966,739 N/A 453,966,739 453,966,739
L1 - COMMERCIAL PERSONAL 13,026,342 N/A 13,026,342 13,026,342
L2 - INDUSTRIAL PERSONAL 1,472,645 N/A 1,472,645 1,472,645
M1 - MOBILE HOMES 16,633,000 N/A 16,633,000 16,633,000
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,814,440 N/A 2,814,440 2,814,440
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,199,727,846 0 1,199,727,846 1,199,727,846
Less Total Deductions 566,292,636 0 566,292,636 566,292,636
Total Taxable Value 633,435,210 0 633,435,210 633,435,210

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 668,244,727 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 633,435,210 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 668,244,727 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 633,435,210 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 728,885,196 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 745,725,108 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 632,017,490 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 757,272,419 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 652,256,025 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 987,425,594 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 952,616,077 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 987,425,594 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 952,616,077 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,048,066,063 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,064,905,975 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 951,198,357 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 1,076,453,286 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 971,436,892 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 34,809,517 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 60,640,469 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 16,839,912 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 11,547,311 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 18,820,815 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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093-903-02/Iola ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 338,362,564 N/A 338,362,564 338,362,564
B - MULTIFAMILY 212,960 N/A 212,960 212,960
C1 - VACANT LOTS 29,028,439 N/A 29,028,439 29,028,439
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,576,747 N/A 5,576,747 5,576,747
D2 - FARM & RANCH IMP 11,232,150 N/A 11,232,150 11,232,150
E - NON-AG LAND AND IMPROVEMENTS 270,962,480 N/A 270,962,480 270,962,480
F1 - COMMERCIAL REAL 11,133,499 N/A 11,133,499 11,133,499
F2 - INDUSTRIAL REAL 3,275,910 N/A 3,275,910 3,275,910
G - ALL MINERALS 42,029,931 N/A 42,029,931 42,029,931
J - ALL UTILITIES 453,966,739 N/A 453,966,739 453,966,739
L1 - COMMERCIAL PERSONAL 13,026,342 N/A 13,026,342 13,026,342
L2 - INDUSTRIAL PERSONAL 1,472,645 N/A 1,472,645 1,472,645
M1 - MOBILE HOMES 16,633,000 N/A 16,633,000 16,633,000
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,814,440 N/A 2,814,440 2,814,440
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,199,727,846 1,199,727,846 1,199,727,846
Less Total Deductions 566,292,636 566,292,636 566,292,636
Total Taxable Value 633,435,210 633,435,210 633,435,210

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 668,244,727 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 633,435,210 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 668,244,727 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 633,435,210 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 728,885,196 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 745,725,108 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 632,017,490 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 757,272,419 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 652,256,025 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 987,425,594 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 952,616,077 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 987,425,594 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 952,616,077 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,048,066,063 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,064,905,975 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 951,198,357 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 1,076,453,286 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 971,436,892 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 34,809,517 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 60,640,469 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 16,839,912 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 11,547,311 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 18,820,815 Loss to the increase in the Over-65/Disabled Homestead

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