taxes Property Tax Assistance

2018 ISD Summary Worksheet

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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. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	0	N/A	0	0
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	9,734,500	0.8552	11,383,074	9,734,500
D2. REAL PROP:FARM & RANCH	533,630	N/A	533,630	533,630
E. REAL PROP NONQUAL ACREAGE	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. MOBILE HOMES	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	0	169,708,661	168,586,410
Less Total Deductions	71,086,821	0	71,086,821	71,086,821
Total Taxable Value	97,499,589	0	98,621,840	97,499,589

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

090-905-02/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. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	0	N/A	0	0
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	9,734,500	0.8552	11,383,074	9,734,500
D2. REAL PROP:FARM & RANCH	533,630	N/A	533,630	533,630
E. REAL PROP NONQUAL ACREAGE	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. MOBILE HOMES	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

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