taxes Property Tax Assistance

2018 ISD Summary Worksheet

113-Houston

113-902/Grapeland ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 85,477,180 0.8456 101,084,650 101,084,650
B. MULTIFAMILY RESIDENCES 560,690 N/A 560,690 560,690
C1. VACANT LOTS 4,756,120 N/A 4,756,120 4,756,120
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,981,760 0.9720 17,471,654 17,471,654
D2. REAL PROP:FARM & RANCH 12,184,860 N/A 12,184,860 12,184,860
E. REAL PROP NONQUAL ACREAGE 88,228,730 0.7446 118,491,445 118,491,445
F1. COMMERCIAL REAL 11,332,170 N/A 11,332,170 11,332,170
F2. INDUSTRIAL REAL 4,574,140 N/A 4,574,140 4,574,140
G. OIL,GAS,MINERALS 2,086,370 N/A 2,086,370 2,086,370
J. UTILITIES 68,529,950 0.9431 72,664,564 72,664,564
L1. COMMERCIAL PERSONAL 5,642,560 N/A 5,642,560 5,642,560
L2. INDUSTRIAL PERSONAL 18,024,610 N/A 18,024,610 18,024,610
M. MOBILE HOMES 6,356,090 N/A 6,356,090 6,356,090
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,065,630 N/A 1,065,630 1,065,630
Subtotal 325,800,860 0 376,295,553 376,295,553
Less Total Deductions 46,259,936 0 55,558,582 55,558,582
Total Taxable Value 279,540,924 0 320,736,971 320,736,971

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
330,670,971 320,736,971 330,670,971 320,736,971


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,934,000 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
330,670,971 320,736,971 330,670,971 320,736,971

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

113-902-02/Grapeland ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 85,477,180 0.8456 101,084,650 101,084,650
B. MULTIFAMILY RESIDENCES 560,690 N/A 560,690 560,690
C1. VACANT LOTS 4,756,120 N/A 4,756,120 4,756,120
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,981,760 0.9720 17,471,654 17,471,654
D2. REAL PROP:FARM & RANCH 12,184,860 N/A 12,184,860 12,184,860
E. REAL PROP NONQUAL ACREAGE 88,228,730 0.7446 118,491,445 118,491,445
F1. COMMERCIAL REAL 11,332,170 N/A 11,332,170 11,332,170
F2. INDUSTRIAL REAL 4,574,140 N/A 4,574,140 4,574,140
G. OIL,GAS,MINERALS 2,086,370 N/A 2,086,370 2,086,370
J. UTILITIES 68,529,950 0.9431 72,664,564 72,664,564
L1. COMMERCIAL PERSONAL 5,642,560 N/A 5,642,560 5,642,560
L2. INDUSTRIAL PERSONAL 18,024,610 N/A 18,024,610 18,024,610
M. MOBILE HOMES 6,356,090 N/A 6,356,090 6,356,090
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,065,630 N/A 1,065,630 1,065,630
Subtotal 325,800,860 376,295,553 376,295,553
Less Total Deductions 46,259,936 55,558,582 55,558,582
Total Taxable Value 279,540,924 320,736,971 320,736,971

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
330,670,971 320,736,971 330,670,971 320,736,971


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,934,000 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
330,670,971 320,736,971 330,670,971 320,736,971

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