taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

091/Grayson

091-907/Tioga ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 47,517,809 N/A 47,517,809 47,517,809
B. Multi-Family Residences 1,097,276 N/A 1,097,276 1,097,276
C1. Vacant Lots 2,109,008 N/A 2,109,008 2,109,008
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,860,328 N/A 1,860,328 1,860,328
D2. Real Prop Farm & Ranch 5,901,739 N/A 5,901,739 5,901,739
E. Real Prop NonQual Acres 26,471,637 N/A 26,471,637 26,471,637
F1. Commercial Real 5,075,072 N/A 5,075,072 5,075,072
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,033,105 N/A 1,033,105 1,033,105
J. Utilities 4,226,449 N/A 4,226,449 4,226,449
L1. Commercial Personal 1,456,403 N/A 1,456,403 1,456,403
L2. Industrial Personal 857,945 N/A 857,945 857,945
M. Other Personal 138,412 N/A 138,412 138,412
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 231,312 N/A 231,312 231,312
S. Special Inventory 1,616 N/A 1,616 1,616
Subtotal 97,978,111 97,978,111 97,978,111
Less Total Deductions 16,946,422   16,946,422 16,946,422
Total Taxable Value 81,031,689 81,031,689 81,031,689 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
84,326,085 81,031,689 84,326,085 81,031,689


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,294,396 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
84,326,085 81,031,689 84,326,085 81,031,689

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