taxes Property Tax Assistance

2016 ISD Summary Worksheet

119/Jack

182-902/Graford ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 670,570 N/A 670,570 670,570
D2. Real Prop Farm & Ranch 189,710 N/A 189,710 189,710
E. Real Prop NonQual Acres 1,580,370 N/A 1,580,370 1,580,370
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 7,465,920 N/A 7,465,920 7,465,920
J. Utilities 4,739,940 N/A 4,739,940 4,739,940
L1. Commercial Personal 27,260 N/A 27,260 27,260
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 82,770 N/A 82,770 82,770
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 14,756,540 14,756,540 14,756,540
Less Total Deductions 292,326   292,326 292,326
Total Taxable Value 14,464,214 14,464,214 14,464,214 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
14,554,214 14,464,214 14,554,214 14,464,214


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
90,000 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
14,554,214 14,464,214 14,554,214 14,464,214

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

182/Palo Pinto

182-902/Graford ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 751,189,270 .8983 836,234,298 751,189,270
B. Multi-Family Residences 117,430 N/A 117,430 117,430
C1. Vacant Lots 60,759,760 .9805 61,968,139 60,759,760
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,898,650 1.0552 8,433,178 8,898,650
D2. Real Prop Farm & Ranch 1,171,050 N/A 1,171,050 1,171,050
E. Real Prop NonQual Acres 29,379,110 N/A 29,379,110 29,379,110
F1. Commercial Real 42,056,780 N/A 42,056,780 42,056,780
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 18,833,690 N/A 18,833,690 18,833,690
J. Utilities 37,049,060 N/A 37,049,060 37,049,060
L1. Commercial Personal 5,757,040 N/A 5,757,040 5,757,040
L2. Industrial Personal 3,652,140 N/A 3,652,140 3,652,140
M. Other Personal 11,587,910 N/A 11,587,910 11,587,910
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,806,800 N/A 5,806,800 5,806,800
S. Special Inventory 206,040 N/A 206,040 206,040
Subtotal 976,464,730 1,062,252,665 976,464,730
Less Total Deductions 41,936,102   48,965,428 41,936,102
Total Taxable Value 934,528,628 1,013,287,237 934,528,628 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
939,849,921 934,528,628 939,849,921 934,528,628


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,321,293 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
939,849,921 934,528,628 939,849,921 934,528,628

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 invalid, but local value was certified because your school district is in year one of the grace period.

182-902/Graford ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 751,189,270 .8983 836,234,298 751,189,270
B. Multi-Family Residences 117,430 N/A 117,430 117,430
C1. Vacant Lots 60,759,760 .9805 61,968,139 60,759,760
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,569,220 1.0511 9,103,748 9,569,220
D2. Real Prop Farm & Ranch 1,360,760 N/A 1,360,760 1,360,760
E. Real Prop NonQual Acres 30,959,480 N/A 30,959,480 30,959,480
F1. Commercial Real 42,056,780 N/A 42,056,780 42,056,780
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 26,299,610 N/A 26,299,610 26,299,610
J. Utilities 41,789,000 N/A 41,789,000 41,789,000
L1. Commercial Personal 5,784,300 N/A 5,784,300 5,784,300
L2. Industrial Personal 3,652,140 N/A 3,652,140 3,652,140
M. Other Personal 11,670,680 N/A 11,670,680 11,670,680
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,806,800 N/A 5,806,800 5,806,800
S. Special Inventory 206,040 N/A 206,040 206,040
Subtotal 991,221,270 1,077,009,205 991,221,270
Less Total Deductions 42,228,428   49,257,754 42,228,428
Total Taxable Value 948,992,842 1,027,751,451 948,992,842 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