taxes Property Tax Assistance

2016 ISD Summary Worksheet

226/Tom Green

226-907/Grape Creek ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 246,963,120 N/A 246,963,120 246,963,120
B. Multi-Family Residences 677,950 N/A 677,950 677,950
C1. Vacant Lots 9,662,510 N/A 9,662,510 9,662,510
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,132,370 N/A 7,132,370 7,132,370
D2. Real Prop Farm & Ranch 3,355,110 N/A 3,355,110 3,355,110
E. Real Prop NonQual Acres 26,948,470 N/A 26,948,470 26,948,470
F1. Commercial Real 10,756,660 N/A 10,756,660 10,756,660
F2. Industrial Real 6,802,690 N/A 6,802,690 6,802,690
G. Oil, Gas, Minerals 165,350 N/A 165,350 165,350
J. Utilities 12,745,050 N/A 12,745,050 12,745,050
L1. Commercial Personal 13,171,830 N/A 13,171,830 13,171,830
L2. Industrial Personal 19,282,110 N/A 19,282,110 19,282,110
M. Other Personal 6,360,230 N/A 6,360,230 6,360,230
N. Intangible Personal Prop 2,480 N/A 2,480 2,480
O. Residential Inventory 1,631,040 N/A 1,631,040 1,631,040
S. Special Inventory 83,710 N/A 83,710 83,710
Subtotal 365,740,680 365,740,680 365,740,680
Less Total Deductions 96,665,935   96,665,935 96,665,935
Total Taxable Value 269,074,745 269,074,745 269,074,745 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
284,941,175 269,074,745 284,941,175 269,074,745


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,866,430 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
284,941,175 269,074,745 284,941,175 269,074,745

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