taxes Property Tax Assistance

2019 ISD Summary Worksheet

113-Houston

113-902/Grapeland ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 97,871,510 0.8356 117,127,226 117,127,226
B. MULTIFAMILY RESIDENCES 588,910 N/A 588,910 588,910
C1. VACANT LOTS 4,849,950 N/A 4,849,950 4,849,950
D1. QUALIFIED AG LAND 16,161,485 0.9329 17,323,854 17,323,854
D2. REAL PROP:FARM & RANCH 12,061,560 N/A 12,061,560 12,061,560
E. REAL PROP NONQUAL ACREAGE 101,793,020 0.9229 110,296,912 110,296,912
F1. COMMERCIAL REAL 11,462,000 N/A 11,462,000 11,462,000
F2. INDUSTRIAL REAL 9,701,980 N/A 9,701,980 9,701,980
G. OIL,GAS,MINERALS 3,555,570 N/A 3,555,570 3,555,570
J. UTILITIES 71,461,880 0.9638 74,145,964 74,145,964
L1. COMMERCIAL PERSONAL 5,861,470 N/A 5,861,470 5,861,470
L2. INDUSTRIAL PERSONAL 38,040,690 N/A 38,040,690 38,040,690
M. MOBILE HOMES 6,528,230 N/A 6,528,230 6,528,230
S. SPECIAL INVENTORY 1,065,190 N/A 1,065,190 1,065,190
Subtotal 381,003,445 0 412,609,506 412,609,506
Less Total Deductions 54,007,937 0 66,038,379 66,038,379
Total Taxable Value 326,995,508 0 346,571,127 346,571,127

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
356,549,955 346,571,127 356,549,955 346,571,127


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,978,828 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
356,549,955 346,571,127 356,549,955 346,571,127

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 97,871,510 0.8356 117,127,226 117,127,226
B. MULTIFAMILY RESIDENCES 588,910 N/A 588,910 588,910
C1. VACANT LOTS 4,849,950 N/A 4,849,950 4,849,950
D1. QUALIFIED AG LAND 16,161,485 0.9329 17,323,854 17,323,854
D2. REAL PROP:FARM & RANCH 12,061,560 N/A 12,061,560 12,061,560
E. REAL PROP NONQUAL ACREAGE 101,793,020 0.9229 110,296,912 110,296,912
F1. COMMERCIAL REAL 11,462,000 N/A 11,462,000 11,462,000
F2. INDUSTRIAL REAL 9,701,980 N/A 9,701,980 9,701,980
G. OIL,GAS,MINERALS 3,555,570 N/A 3,555,570 3,555,570
J. UTILITIES 71,461,880 0.9638 74,145,964 74,145,964
L1. COMMERCIAL PERSONAL 5,861,470 N/A 5,861,470 5,861,470
L2. INDUSTRIAL PERSONAL 38,040,690 N/A 38,040,690 38,040,690
M. MOBILE HOMES 6,528,230 N/A 6,528,230 6,528,230
S. SPECIAL INVENTORY 1,065,190 N/A 1,065,190 1,065,190
Subtotal 381,003,445 412,609,506 412,609,506
Less Total Deductions 54,007,937 66,038,379 66,038,379
Total Taxable Value 326,995,508 346,571,127 346,571,127

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
356,549,955 346,571,127 356,549,955 346,571,127


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,978,828 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
356,549,955 346,571,127 356,549,955 346,571,127

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