taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

091/Grayson

091-901/Bells ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 89,540,526 .9287 96,414,909 89,540,526
B. Multi-Family Residences 1,367,155 N/A 1,367,155 1,367,155
C1. Vacant Lots 1,716,875 N/A 1,716,875 1,716,875
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,240,754 1.3088 1,712,121 2,240,754
D2. Real Prop Farm & Ranch 3,314,385 N/A 3,314,385 3,314,385
E. Real Prop NonQual Acres 53,881,660 1.0283 52,398,775 53,881,660
F1. Commercial Real 7,931,659 N/A 7,931,659 7,931,659
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 31,919,349 .8150 39,164,845 31,919,349
L1. Commercial Personal 9,845,581 1.0266 9,590,474 9,845,581
L2. Industrial Personal 32,559,260 N/A 32,559,260 32,559,260
M. Other Personal 1,696,739 N/A 1,696,739 1,696,739
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 147,738 N/A 147,738 147,738
S. Special Inventory 3,458 N/A 3,458 3,458
Subtotal 236,165,139 248,018,393 236,165,139
Less Total Deductions 41,296,015   44,181,962 41,296,015
Total Taxable Value 194,869,124 203,836,431 194,869,124 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
203,781,809 194,869,124 203,781,809 194,869,124


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,912,685 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
203,781,809 194,869,124 203,781,809 194,869,124

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

The PVS found your local value to be valid, and local value was certified