taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

091/Grayson

091-905/Howe ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 146,991,021 N/A 146,991,021 146,991,021
B. Multi-Family Residences 3,646,089 N/A 3,646,089 3,646,089
C1. Vacant Lots 3,393,581 N/A 3,393,581 3,393,581
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,493,812 N/A 5,493,812 5,493,812
D2. Real Prop Farm & Ranch 3,342,839 N/A 3,342,839 3,342,839
E. Real Prop NonQual Acres 44,235,682 N/A 44,235,682 44,235,682
F1. Commercial Real 13,000,685 N/A 13,000,685 13,000,685
F2. Industrial Real 2,048,909 N/A 2,048,909 2,048,909
G. Oil, Gas, Minerals 3,863,809 N/A 3,863,809 3,863,809
J. Utilities 15,984,429 N/A 15,984,429 15,984,429
L1. Commercial Personal 6,540,303 N/A 6,540,303 6,540,303
L2. Industrial Personal 5,339,263 N/A 5,339,263 5,339,263
M. Other Personal 1,146,836 N/A 1,146,836 1,146,836
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,039,463 N/A 1,039,463 1,039,463
S. Special Inventory 0 N/A 0 0
Subtotal 256,066,721 256,066,721 256,066,721
Less Total Deductions 49,949,751   49,949,751 49,949,751
Total Taxable Value 206,116,970 206,116,970 206,116,970 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
216,421,300 206,116,970 216,421,300 206,116,970


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,304,330 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
216,421,300 206,116,970 216,421,300 206,116,970

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