taxes Property Tax Assistance

2025 ISD Summary Worksheet

Grady ISD (all splits)   Martin County  

156-Martin/Martin County

156-905/Grady ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 3,885,230 N/A 3,885,230 3,885,230
B - MULTIFAMILY 348,090 N/A 348,090 348,090
C1 - VACANT LOTS 73,860 N/A 73,860 73,860
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,204,547 N/A 4,204,547 4,204,547
D2 - FARM & RANCH IMP 7,587,260 N/A 7,587,260 7,587,260
E - NON-AG LAND AND IMPROVEMENTS 41,319,090 N/A 41,319,090 41,319,090
F1 - COMMERCIAL REAL 2,413,000 N/A 2,413,000 2,413,000
F2 - INDUSTRIAL REAL 362,001,660 N/A 362,001,660 362,001,660
G - ALL MINERALS 10,568,936,800 N/A 10,568,936,800 10,568,936,800
J - ALL UTILITIES 510,496,130 N/A 510,496,130 510,496,130
L1 - COMMERCIAL PERSONAL 872,320 N/A 872,320 872,320
L2 - INDUSTRIAL PERSONAL 187,855,930 N/A 187,855,930 187,855,930
M1 - MOBILE HOMES 2,424,440 N/A 2,424,440 2,424,440
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 11,692,418,357 0 11,692,418,357 11,692,418,357
Less Total Deductions 659,050,096 0 659,050,096 659,050,096
Total Taxable Value 11,033,368,261 0 11,033,368,261 11,033,368,261

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 11,035,435,112 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 11,033,368,261 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 11,034,495,577 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 11,032,428,726 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 11,040,159,747 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 11,041,686,533 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 11,033,387,222 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 11,042,756,526 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 11,033,692,481 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 11,035,435,112 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 11,033,368,261 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 11,034,495,577 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 11,032,428,726 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 11,040,159,747 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 11,041,686,533 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 11,033,387,222 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 11,042,756,526 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 11,033,692,481 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,066,851 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 939,535 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 4,724,635 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,526,786 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,069,993 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 324,220 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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156-905-02/Grady ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 3,885,230 N/A 3,885,230 3,885,230
B - MULTIFAMILY 348,090 N/A 348,090 348,090
C1 - VACANT LOTS 73,860 N/A 73,860 73,860
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,204,547 N/A 4,204,547 4,204,547
D2 - FARM & RANCH IMP 7,587,260 N/A 7,587,260 7,587,260
E - NON-AG LAND AND IMPROVEMENTS 41,319,090 N/A 41,319,090 41,319,090
F1 - COMMERCIAL REAL 2,413,000 N/A 2,413,000 2,413,000
F2 - INDUSTRIAL REAL 362,001,660 N/A 362,001,660 362,001,660
G - ALL MINERALS 10,568,936,800 N/A 10,568,936,800 10,568,936,800
J - ALL UTILITIES 510,496,130 N/A 510,496,130 510,496,130
L1 - COMMERCIAL PERSONAL 872,320 N/A 872,320 872,320
L2 - INDUSTRIAL PERSONAL 187,855,930 N/A 187,855,930 187,855,930
M1 - MOBILE HOMES 2,424,440 N/A 2,424,440 2,424,440
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 11,692,418,357 11,692,418,357 11,692,418,357
Less Total Deductions 659,050,096 659,050,096 659,050,096
Total Taxable Value 11,033,368,261 11,033,368,261 11,033,368,261

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 11,035,435,112 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 11,033,368,261 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 11,034,495,577 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 11,032,428,726 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 11,040,159,747 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 11,041,686,533 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 11,033,387,222 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 11,042,756,526 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 11,033,692,481 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 11,035,435,112 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 11,033,368,261 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 11,034,495,577 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 11,032,428,726 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 11,040,159,747 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 11,041,686,533 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 11,033,387,222 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 11,042,756,526 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 11,033,692,481 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,066,851 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 939,535 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 4,724,635 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,526,786 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,069,993 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 324,220 Loss to the increase in the Over-65/Disabled Homestead

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