taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

091/Grayson

091-914/Sadler-Southmayd ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 169,684,713 .9817 172,847,828 169,684,713
B. Multi-Family Residences 552,569 N/A 552,569 552,569
C1. Vacant Lots 4,028,201 N/A 4,028,201 4,028,201
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,861,873 1.2178 4,813,524 5,861,873
D2. Real Prop Farm & Ranch 4,789,892 N/A 4,789,892 4,789,892
E. Real Prop NonQual Acres 61,661,290 .9073 67,961,303 61,661,290
F1. Commercial Real 12,045,227 N/A 12,045,227 12,045,227
F2. Industrial Real 3,142,730 N/A 3,142,730 3,142,730
G. Oil, Gas, Minerals 96,634,412 1.0145 95,253,240 96,634,412
J. Utilities 17,952,701 N/A 17,952,701 17,952,701
L1. Commercial Personal 25,349,062 N/A 25,349,062 25,349,062
L2. Industrial Personal 6,112,166 N/A 6,112,166 6,112,166
M. Other Personal 3,139,853 N/A 3,139,853 3,139,853
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,335,932 N/A 1,335,932 1,335,932
S. Special Inventory 217,268 N/A 217,268 217,268
Subtotal 412,507,889 419,541,496 412,507,889
Less Total Deductions 39,714,015   40,824,387 39,714,015
Total Taxable Value 372,793,874 378,717,109 372,793,874 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
386,009,710 372,793,874 386,009,710 372,793,874 375,392,874 375,392,874


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,215,836 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
386,009,710 372,793,874 386,009,710 372,793,874 375,392,874 375,392,874

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 to be valid, and local value was certified