taxes Property Tax Assistance

2018 ISD Summary Worksheet

091/Grayson

091-918/Tom Bean ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 183,279,136 .9744 188,094,351 183,279,136
B. Multi-Family Residences 1,429,023 N/A 1,429,023 1,429,023
C1. Vacant Lots 2,435,517 N/A 2,435,517 2,435,517
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,828,750 1.3872 2,039,252 2,828,750
D2. Real Prop Farm & Ranch 4,547,627 N/A 4,547,627 4,547,627
E. Real Prop NonQual Acres 88,801,858 .9859 90,071,871 88,801,858
F1. Commercial Real 9,961,925 N/A 9,961,925 9,961,925
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 46,730 N/A 46,730 46,730
J. Utilities 13,662,374 N/A 13,662,374 13,662,374
L1. Commercial Personal 3,680,421 N/A 3,680,421 3,680,421
L2. Industrial Personal 1,033,690 N/A 1,033,690 1,033,690
M. Other Personal 2,352,988 N/A 2,352,988 2,352,988
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 219,454 N/A 219,454 219,454
S. Special Inventory 27,875 N/A 27,875 27,875
Subtotal 314,307,368 319,603,098 314,307,368
Less Total Deductions 80,621,391   83,019,949 80,621,391
Total Taxable Value 233,685,977 236,583,149 233,685,977 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
243,619,853 233,685,977 243,619,853 233,685,977


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,933,876 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
243,619,853 233,685,977 243,619,853 233,685,977

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