taxes Property Tax Assistance

2018 ISD Summary Worksheet

226/Tom Green

226-907/Grape Creek ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 271,061,420 N/A 271,061,420 271,061,420
B. Multi-Family Residences 699,910 N/A 699,910 699,910
C1. Vacant Lots 9,117,570 N/A 9,117,570 9,117,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,306,640 N/A 7,306,640 7,306,640
D2. Real Prop Farm & Ranch 4,740,190 N/A 4,740,190 4,740,190
E. Real Prop NonQual Acres 34,371,290 N/A 34,371,290 34,371,290
F1. Commercial Real 12,338,260 N/A 12,338,260 12,338,260
F2. Industrial Real 5,319,770 N/A 5,319,770 5,319,770
G. Oil, Gas, Minerals 154,700 N/A 154,700 154,700
J. Utilities 13,906,640 N/A 13,906,640 13,906,640
L1. Commercial Personal 14,400,830 N/A 14,400,830 14,400,830
L2. Industrial Personal 15,230,320 N/A 15,230,320 15,230,320
M. Other Personal 6,729,390 N/A 6,729,390 6,729,390
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,282,540 N/A 1,282,540 1,282,540
S. Special Inventory 87,430 N/A 87,430 87,430
Subtotal 396,746,900 396,746,900 396,746,900
Less Total Deductions 95,853,176   95,853,176 95,853,176
Total Taxable Value 300,893,724 300,893,724 300,893,724 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
318,153,984 300,893,724 318,153,984 300,893,724


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,260,260 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
318,153,984 300,893,724 318,153,984 300,893,724

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