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2011 ISD Summary Worksheet

156/Martin

156-905/Grady ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 250,740 N/A 250,740 250,740
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 9,750 N/A 9,750 9,750
D. Rural Real(Taxable) 34,529,310 N/A 34,529,310 34,529,310
F1. Commercial Real 112,570 N/A 112,570 112,570
F2. Industrial Real 24,755,620 N/A 24,755,620 24,755,620
G. Oil, Gas, Minerals 1,008,664,580 N/A 1,008,664,580 1,008,664,580
J. Utilities 20,887,030 N/A 20,887,030 20,887,030
L1. Commercial Personal 535,520 N/A 535,520 535,520
L2. Industrial Personal 4,068,260 N/A 4,068,260 4,068,260
M. Other Personal 783,600 N/A 783,600 783,600
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 1,094,596,980 1,094,596,980 1,094,596,980
Less Total Deductions 16,761,790   16,761,790 16,761,790
Total Taxable Value 1,077,835,190 1,077,835,190 1,077,835,190 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 13,627,150 N/A 13,627,150
Prod Value Qualified Acres 20,902,160 N/A 20,902,160
Taxable Value 34,529,310   34,529,310

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
1,079,054,960 1,077,835,190 1,078,211,570 1,076,991,800 1,077,913,170 1,077,069,780


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,219,770 843,390


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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
1,093,022,240 1,091,802,470 1,092,178,850 1,090,959,080 1,091,880,450 1,091,037,060

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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

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