taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

091/Grayson

091-918/Tom Bean ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 119,575,915 N/A 119,575,915 119,575,915
B. Multi-Family Residences 1,359,212 N/A 1,359,212 1,359,212
C1. Vacant Lots 1,904,686 N/A 1,904,686 1,904,686
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,036,146 N/A 3,036,146 3,036,146
D2. Real Prop Farm & Ranch 3,462,402 N/A 3,462,402 3,462,402
E. Real Prop NonQual Acres 56,317,895 N/A 56,317,895 56,317,895
F1. Commercial Real 6,119,779 N/A 6,119,779 6,119,779
F2. Industrial Real 239,205 N/A 239,205 239,205
G. Oil, Gas, Minerals 32,335 N/A 32,335 32,335
J. Utilities 12,405,962 N/A 12,405,962 12,405,962
L1. Commercial Personal 3,430,048 N/A 3,430,048 3,430,048
L2. Industrial Personal 1,435,058 N/A 1,435,058 1,435,058
M. Other Personal 1,383,483 N/A 1,383,483 1,383,483
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 118,144 N/A 118,144 118,144
S. Special Inventory 12,036 N/A 12,036 12,036
Subtotal 210,832,306 210,832,306 210,832,306
Less Total Deductions 48,257,649   48,257,649 48,257,649
Total Taxable Value 162,574,657 162,574,657 162,574,657 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
172,518,211 162,574,657 172,518,211 162,574,657


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,943,554 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
172,518,211 162,574,657 172,518,211 162,574,657

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