taxes Property Tax Assistance

2021 ISD Summary Worksheet

090-Gray /Gray County

090-905/Grandview-Hopkins ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	1,141,060	N/A	1,141,060	1,141,060
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,030,855	0.8492	12,990,087	11,030,855
D2 - FARM & RANCH IMP	746,030	N/A	746,030	746,030
E - NON-AG LAND AND IMPROVEMENTS	8,408,570	1.1038	7,617,838	8,408,570
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	61,942,730	N/A	61,942,730	61,942,730
G - ALL MINERALS	18,170,259	0.9945	18,270,748	18,170,259
J - ALL UTILITIES	30,982,520	0.9237	33,541,756	30,982,520
L1 - COMMERCIAL PERSONAL	458,052	N/A	458,052	458,052
L2 - INDUSTRIAL PERSONAL	1,086,830	N/A	1,086,830	1,086,830
M1 - MOBILE HOMES	51,490	N/A	51,490	51,490
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	134,018,396	0	137,846,621	134,018,396
Less Total Deductions	53,960,273	0	53,960,273	53,960,273
Total Taxable Value	80,058,123	0	83,886,348	80,058,123

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
80,305,873	80,058,123	80,305,873	80,058,123

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
247,750	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
132,201,483	131,953,733	132,201,483	131,953,733

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	1,141,060	N/A	1,141,060	1,141,060
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,030,855	0.8492	12,990,087	11,030,855
D2 - FARM & RANCH IMP	746,030	N/A	746,030	746,030
E - NON-AG LAND AND IMPROVEMENTS	8,408,570	1.1038	7,617,838	8,408,570
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	61,942,730	N/A	61,942,730	61,942,730
G - ALL MINERALS	18,170,259	0.9945	18,270,748	18,170,259
J - ALL UTILITIES	30,982,520	0.9237	33,541,756	30,982,520
L1 - COMMERCIAL PERSONAL	458,052	N/A	458,052	458,052
L2 - INDUSTRIAL PERSONAL	1,086,830	N/A	1,086,830	1,086,830
M1 - MOBILE HOMES	51,490	N/A	51,490	51,490
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	134,018,396		137,846,621	134,018,396
Less Total Deductions	53,960,273		53,960,273	53,960,273
Total Taxable Value	80,058,123		83,886,348	80,058,123

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
80,305,873	80,058,123	80,305,873	80,058,123

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
247,750	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
132,201,483	131,953,733	132,201,483	131,953,733

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