taxes Property Tax Assistance

2017 ISD Summary Worksheet

091/Grayson

091-914/S and S CISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 227,983,968 N/A 227,983,968 227,983,968
B. Multi-Family Residences 510,107 N/A 510,107 510,107
C1. Vacant Lots 4,865,871 N/A 4,865,871 4,865,871
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,008,792 N/A 6,008,792 6,008,792
D2. Real Prop Farm & Ranch 5,126,803 N/A 5,126,803 5,126,803
E. Real Prop NonQual Acres 90,167,600 N/A 90,167,600 90,167,600
F1. Commercial Real 12,496,764 N/A 12,496,764 12,496,764
F2. Industrial Real 3,500,914 N/A 3,500,914 3,500,914
G. Oil, Gas, Minerals 44,286,866 N/A 44,286,866 44,286,866
J. Utilities 25,823,379 N/A 25,823,379 25,823,379
L1. Commercial Personal 13,600,064 N/A 13,600,064 13,600,064
L2. Industrial Personal 5,478,520 N/A 5,478,520 5,478,520
M. Other Personal 4,001,141 N/A 4,001,141 4,001,141
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,139,413 N/A 2,139,413 2,139,413
S. Special Inventory 476,359 N/A 476,359 476,359
Subtotal 446,466,561 446,466,561 446,466,561
Less Total Deductions 78,342,769   78,342,769 78,342,769
Total Taxable Value 368,123,792 368,123,792 368,123,792 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
380,362,322 368,123,792 380,362,322 368,123,792


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,238,530 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
380,362,322 368,123,792 380,362,322 368,123,792

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