taxes Property Tax Assistance

2017 ISD Summary Worksheet

091/Grayson

091-907/Tioga ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 67,130,811 N/A 67,130,811 67,130,811
B. Multi-Family Residences 1,910,842 N/A 1,910,842 1,910,842
C1. Vacant Lots 2,816,650 N/A 2,816,650 2,816,650
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,898,588 N/A 1,898,588 1,898,588
D2. Real Prop Farm & Ranch 5,389,779 N/A 5,389,779 5,389,779
E. Real Prop NonQual Acres 29,332,239 N/A 29,332,239 29,332,239
F1. Commercial Real 5,526,688 N/A 5,526,688 5,526,688
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,378,031 N/A 1,378,031 1,378,031
J. Utilities 4,723,057 N/A 4,723,057 4,723,057
L1. Commercial Personal 1,582,439 N/A 1,582,439 1,582,439
L2. Industrial Personal 633,489 N/A 633,489 633,489
M. Other Personal 144,477 N/A 144,477 144,477
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 726,446 N/A 726,446 726,446
S. Special Inventory 18,970 N/A 18,970 18,970
Subtotal 123,212,506 123,212,506 123,212,506
Less Total Deductions 22,795,619   22,795,619 22,795,619
Total Taxable Value 100,416,887 100,416,887 100,416,887 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
103,950,438 100,416,887 103,950,438 100,416,887


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,533,551 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
103,950,438 100,416,887 103,950,438 100,416,887

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