taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

091/Grayson

091-914/Sadler-Southmayd ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 184,168,774 N/A 184,168,774 184,168,774
B. Multi-Family Residences 554,280 N/A 554,280 554,280
C1. Vacant Lots 4,269,231 N/A 4,269,231 4,269,231
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,835,671 N/A 5,835,671 5,835,671
D2. Real Prop Farm & Ranch 5,399,179 N/A 5,399,179 5,399,179
E. Real Prop NonQual Acres 71,261,207 N/A 71,261,207 71,261,207
F1. Commercial Real 12,264,589 N/A 12,264,589 12,264,589
F2. Industrial Real 3,091,638 N/A 3,091,638 3,091,638
G. Oil, Gas, Minerals 69,805,228 N/A 69,805,228 69,805,228
J. Utilities 20,365,798 N/A 20,365,798 20,365,798
L1. Commercial Personal 16,678,442 N/A 16,678,442 16,678,442
L2. Industrial Personal 7,238,887 N/A 7,238,887 7,238,887
M. Other Personal 3,308,521 N/A 3,308,521 3,308,521
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,103,435 N/A 1,103,435 1,103,435
S. Special Inventory 220,995 N/A 220,995 220,995
Subtotal 405,565,875 405,565,875 405,565,875
Less Total Deductions 60,543,372   60,543,372 60,543,372
Total Taxable Value 345,022,503 345,022,503 345,022,503 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
357,114,086 345,022,503 357,114,086 345,022,503


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,091,583 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
357,114,086 345,022,503 357,114,086 345,022,503

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