taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

156/Martin

156-905/Grady ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 564,830 N/A 564,830 564,830
B. Multi-Family Residences 148,600 N/A 148,600 148,600
C1. Vacant Lots 9,210 N/A 9,210 9,210
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,023,830 1.4547 8,265,761 12,023,830
D2. Real Prop Farm & Ranch 5,990,590 N/A 5,990,590 5,990,590
E. Real Prop NonQual Acres 13,910,500 N/A 13,910,500 13,910,500
F1. Commercial Real 419,830 N/A 419,830 419,830
F2. Industrial Real 19,705,240 N/A 19,705,240 19,705,240
G. Oil, Gas, Minerals 2,038,528,210 1.0341 1,971,306,653 2,038,528,210
J. Utilities 67,261,210 N/A 67,261,210 67,261,210
L1. Commercial Personal 6,076,230 N/A 6,076,230 6,076,230
L2. Industrial Personal 19,437,860 N/A 19,437,860 19,437,860
M. Other Personal 1,392,790 N/A 1,392,790 1,392,790
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 2,185,468,930 2,114,489,304 2,185,468,930
Less Total Deductions 13,644,823   13,644,823 13,644,823
Total Taxable Value 2,171,824,107 2,100,844,481 2,171,824,107 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
2,173,058,427 2,171,824,107 2,171,948,712 2,170,714,392 2,171,930,916 2,170,821,201


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,234,320 1,109,715


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
2,182,389,777 2,181,155,457 2,181,280,062 2,180,045,742 2,181,262,266 2,180,152,551

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