taxes Property Tax Assistance

2017 ISD Summary Worksheet

091/Grayson

091-901/Bells ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 118,538,983 N/A 118,538,983 118,538,983
B. Multi-Family Residences 1,464,930 N/A 1,464,930 1,464,930
C1. Vacant Lots 1,764,604 N/A 1,764,604 1,764,604
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,288,078 N/A 2,288,078 2,288,078
D2. Real Prop Farm & Ranch 3,300,905 N/A 3,300,905 3,300,905
E. Real Prop NonQual Acres 74,715,028 N/A 74,715,028 74,715,028
F1. Commercial Real 10,701,523 N/A 10,701,523 10,701,523
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 32,315,448 N/A 32,315,448 32,315,448
L1. Commercial Personal 10,905,604 N/A 10,905,604 10,905,604
L2. Industrial Personal 28,747,953 N/A 28,747,953 28,747,953
M. Other Personal 1,969,125 N/A 1,969,125 1,969,125
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 152,363 N/A 152,363 152,363
S. Special Inventory 0 N/A 0 0
Subtotal 286,864,544 286,864,544 286,864,544
Less Total Deductions 62,440,761   62,440,761 62,440,761
Total Taxable Value 224,423,783 224,423,783 224,423,783 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
233,599,440 224,423,783 233,599,440 224,423,783


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,175,657 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
233,599,440 224,423,783 233,599,440 224,423,783

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