taxes Property Tax Assistance

2017 ISD Summary Worksheet

091/Grayson

091-905/Howe ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 197,690,123 N/A 197,690,123 197,690,123
B. Multi-Family Residences 4,403,390 N/A 4,403,390 4,403,390
C1. Vacant Lots 3,636,404 N/A 3,636,404 3,636,404
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,614,379 N/A 5,614,379 5,614,379
D2. Real Prop Farm & Ranch 3,086,833 N/A 3,086,833 3,086,833
E. Real Prop NonQual Acres 54,621,890 N/A 54,621,890 54,621,890
F1. Commercial Real 17,236,540 N/A 17,236,540 17,236,540
F2. Industrial Real 2,061,757 N/A 2,061,757 2,061,757
G. Oil, Gas, Minerals 1,502,343 N/A 1,502,343 1,502,343
J. Utilities 19,605,781 N/A 19,605,781 19,605,781
L1. Commercial Personal 6,707,488 N/A 6,707,488 6,707,488
L2. Industrial Personal 5,466,930 N/A 5,466,930 5,466,930
M. Other Personal 1,040,356 N/A 1,040,356 1,040,356
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 6,580,498 N/A 6,580,498 6,580,498
S. Special Inventory 0 N/A 0 0
Subtotal 329,254,712 329,254,712 329,254,712
Less Total Deductions 66,074,627   66,074,627 66,074,627
Total Taxable Value 263,180,085 263,180,085 263,180,085 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
273,589,205 263,180,085 273,589,205 263,180,085


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,409,120 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
273,589,205 263,180,085 273,589,205 263,180,085

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