taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

091/Grayson

091-913/Pottsboro ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 505,439,334 .9399 537,758,628 505,439,334
B. Multi-Family Residences 3,023,983 N/A 3,023,983 3,023,983
C1. Vacant Lots 23,123,215 N/A 23,123,215 23,123,215
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,185,452 1.2915 1,692,165 2,185,452
D2. Real Prop Farm & Ranch 4,215,365 N/A 4,215,365 4,215,365
E. Real Prop NonQual Acres 73,565,707 .9420 78,095,230 73,565,707
F1. Commercial Real 66,917,204 .9401 71,180,942 66,917,204
F2. Industrial Real 5,458,834 N/A 5,458,834 5,458,834
G. Oil, Gas, Minerals 50,285,619 1.0323 48,712,214 50,285,619
J. Utilities 18,171,525 N/A 18,171,525 18,171,525
L1. Commercial Personal 29,519,548 N/A 29,519,548 29,519,548
L2. Industrial Personal 80,801,911 N/A 80,801,911 80,801,911
M. Other Personal 15,950,466 N/A 15,950,466 15,950,466
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,949,963 N/A 1,949,963 1,949,963
S. Special Inventory 8,761 N/A 8,761 8,761
Subtotal 880,616,887 919,662,750 880,616,887
Less Total Deductions 151,186,460   160,882,592 151,186,460
Total Taxable Value 729,430,427 758,780,158 729,430,427 T2*

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
753,521,300 729,430,427 753,521,300 729,430,427 737,556,309 737,556,309


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,090,873 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
753,521,300 729,430,427 753,521,300 729,430,427 737,556,309 737,556,309

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value invalid, but local value was certified because your school district is in year one of the grace period.