taxes Property Tax Assistance

2018 ISD Summary Worksheet

090/Gray

090-905/Grandview-Hopkins ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 970,510 N/A 970,510 970,510
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) 9,734,500 .8552 11,383,074 9,734,500
D2. Real Prop Farm & Ranch 533,630 N/A 533,630 533,630
E. Real Prop NonQual Acres 5,627,980 1.0342 5,441,868 5,627,980
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 79,234,260 N/A 79,234,260 79,234,260
G. Oil, Gas, Minerals 37,319,620 1.0092 36,979,409 37,319,620
J. Utilities 33,547,810 N/A 33,547,810 33,547,810
L1. Commercial Personal 525,180 N/A 525,180 525,180
L2. Industrial Personal 1,046,160 N/A 1,046,160 1,046,160
M. Other Personal 46,760 N/A 46,760 46,760
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 168,586,410 169,708,661 168,586,410
Less Total Deductions 71,086,821   71,086,821 71,086,821
Total Taxable Value 97,499,589 98,621,840 97,499,589 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
97,499,589 97,499,589 97,499,589 97,499,589


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
166,686,729 166,686,729 166,686,729 166,686,729

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