taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

091/Grayson

091-906/Sherman ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,062,570,569 N/A 1,062,570,569 1,062,570,569
B. Multi-Family Residences 145,425,430 N/A 145,425,430 145,425,430
C1. Vacant Lots 34,529,672 N/A 34,529,672 34,529,672
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,581,102 N/A 2,581,102 2,581,102
D2. Real Prop Farm & Ranch 1,552,931 N/A 1,552,931 1,552,931
E. Real Prop NonQual Acres 53,011,266 N/A 53,011,266 53,011,266
F1. Commercial Real 648,217,773 N/A 648,217,773 648,217,773
F2. Industrial Real 531,331,685 N/A 531,331,685 531,331,685
G. Oil, Gas, Minerals 45,265,388 N/A 45,265,388 45,265,388
J. Utilities 79,105,152 N/A 79,105,152 79,105,152
L1. Commercial Personal 221,428,980 N/A 221,428,980 221,428,980
L2. Industrial Personal 376,744,926 N/A 376,744,926 376,744,926
M. Other Personal 3,533,159 N/A 3,533,159 3,533,159
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,616,617 N/A 4,616,617 4,616,617
S. Special Inventory 19,601,386 N/A 19,601,386 19,601,386
Subtotal 3,229,516,036 3,229,516,036 3,229,516,036
Less Total Deductions 452,747,501   452,747,501 452,747,501
Total Taxable Value 2,776,768,535 2,776,768,535 2,776,768,535 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
2,845,780,290 2,776,768,535 2,845,780,290 2,776,768,535


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
69,011,755 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
2,845,780,290 2,776,768,535 2,845,780,290 2,776,768,535

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