taxes Property Tax Assistance

2019 ISD Summary Worksheet

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090-905/Grandview-Hopkins ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 970,410 N/A 970,410 970,410
D1. QUALIFIED AG LAND 8,151,870 N/A 8,151,870 8,151,870
D2. REAL PROP:FARM & RANCH 533,630 N/A 533,630 533,630
E. REAL PROP NONQUAL ACREAGE 5,735,900 N/A 5,735,900 5,735,900
F2. INDUSTRIAL REAL 72,690,780 N/A 72,690,780 72,690,780
G. OIL,GAS,MINERALS 46,792,760 N/A 46,792,760 46,792,760
J. UTILITIES 34,897,180 N/A 34,897,180 34,897,180
L1. COMMERCIAL PERSONAL 526,090 N/A 526,090 526,090
L2. INDUSTRIAL PERSONAL 4,620 N/A 4,620 4,620
M. MOBILE HOMES 24,010 N/A 24,010 24,010
Subtotal 170,327,250 0 170,327,250 170,327,250
Less Total Deductions 64,318,584 0 64,318,584 64,318,584
Total Taxable Value 106,008,666 0 106,008,666 106,008,666

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
106,266,416 106,008,666 106,266,416 106,008,666


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
257,750 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
168,910,076 168,652,326 168,910,076 168,652,326

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

090-905-02/Grandview-Hopkins ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 970,410 N/A 970,410 970,410
D1. QUALIFIED AG LAND 8,151,870 N/A 8,151,870 8,151,870
D2. REAL PROP:FARM & RANCH 533,630 N/A 533,630 533,630
E. REAL PROP NONQUAL ACREAGE 5,735,900 N/A 5,735,900 5,735,900
F2. INDUSTRIAL REAL 72,690,780 N/A 72,690,780 72,690,780
G. OIL,GAS,MINERALS 46,792,760 N/A 46,792,760 46,792,760
J. UTILITIES 34,897,180 N/A 34,897,180 34,897,180
L1. COMMERCIAL PERSONAL 526,090 N/A 526,090 526,090
L2. INDUSTRIAL PERSONAL 4,620 N/A 4,620 4,620
M. MOBILE HOMES 24,010 N/A 24,010 24,010
Subtotal 170,327,250 170,327,250 170,327,250
Less Total Deductions 64,318,584 64,318,584 64,318,584
Total Taxable Value 106,008,666 106,008,666 106,008,666

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
106,266,416 106,008,666 106,266,416 106,008,666


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
257,750 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
168,910,076 168,652,326 168,910,076 168,652,326

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