taxes Property Tax Assistance

2020 ISD Summary Worksheet

238-Ward

238-904/Grandfalls-Royalty ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 7,964,400 N/A 7,964,400 7,964,400
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,258,640 N/A 1,258,640 1,258,640
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 272,717 0.7941 343,443 272,717
D2 - FARM & RANCH IMP 917,030 N/A 917,030 917,030
E - NON-AG LAND AND IMPROVEMENTS 3,900,250 N/A 3,900,250 3,900,250
F1 - COMMERCIAL REAL 573,650 N/A 573,650 573,650
F2 - INDUSTRIAL REAL 14,140 N/A 14,140 14,140
G - ALL MINERALS 73,910,900 0.9974 74,103,569 73,910,900
J - ALL UTILITIES 90,147,690 0.9503 94,862,349 90,147,690
L1 - COMMERCIAL PERSONAL 2,014,852 N/A 2,014,852 2,014,852
L2 - INDUSTRIAL PERSONAL 4,496,270 N/A 4,496,270 4,496,270
M1 - MOBILE HOMES 1,378,810 N/A 1,378,810 1,378,810
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 186,849,349 0 191,827,403 186,849,349
Less Total Deductions 8,021,921 0 8,021,921 8,021,921
Total Taxable Value 178,827,428 0 183,805,482 178,827,428

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
179,512,888 178,827,428 179,169,643 178,484,183


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
685,460 343,245


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
179,512,888 178,827,428 179,169,643 178,484,183

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

238-904-02/Grandfalls-Royalty ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 7,964,400 N/A 7,964,400 7,964,400
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,258,640 N/A 1,258,640 1,258,640
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 272,717 0.7941 343,443 272,717
D2 - FARM & RANCH IMP 917,030 N/A 917,030 917,030
E - NON-AG LAND AND IMPROVEMENTS 3,900,250 N/A 3,900,250 3,900,250
F1 - COMMERCIAL REAL 573,650 N/A 573,650 573,650
F2 - INDUSTRIAL REAL 14,140 N/A 14,140 14,140
G - ALL MINERALS 73,910,900 0.9974 74,103,569 73,910,900
J - ALL UTILITIES 90,147,690 0.9503 94,862,349 90,147,690
L1 - COMMERCIAL PERSONAL 2,014,852 N/A 2,014,852 2,014,852
L2 - INDUSTRIAL PERSONAL 4,496,270 N/A 4,496,270 4,496,270
M1 - MOBILE HOMES 1,378,810 N/A 1,378,810 1,378,810
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 186,849,349 191,827,403 186,849,349
Less Total Deductions 8,021,921 8,021,921 8,021,921
Total Taxable Value 178,827,428 183,805,482 178,827,428

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
179,512,888 178,827,428 179,169,643 178,484,183


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
685,460 343,245


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
179,512,888 178,827,428 179,169,643 178,484,183

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