taxes Property Tax Assistance

2019 ISD Summary Worksheet

126-Johnson

126-904/Grandview ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 111,440,668 0.9590 116,205,076 111,440,668
B. MULTIFAMILY RESIDENCES 3,438,180 N/A 3,438,180 3,438,180
C1. VACANT LOTS 4,038,962 N/A 4,038,962 4,038,962
D1. QUALIFIED AG LAND 6,336,482 1.3422 4,720,826 6,336,482
D2. REAL PROP:FARM & RANCH 3,964,357 N/A 3,964,357 3,964,357
E. REAL PROP NONQUAL ACREAGE 211,834,644 0.9960 212,685,386 211,834,644
F1. COMMERCIAL REAL 12,524,288 N/A 12,524,288 12,524,288
F2. INDUSTRIAL REAL 2,819,024 N/A 2,819,024 2,819,024
G. OIL,GAS,MINERALS 25,549,531 1.0521 24,284,318 25,549,531
J. UTILITIES 29,009,990 0.9583 30,272,347 29,009,990
L1. COMMERCIAL PERSONAL 7,351,438 N/A 7,351,438 7,351,438
L2. INDUSTRIAL PERSONAL 22,241,447 N/A 22,241,447 22,241,447
M. MOBILE HOMES 1,823,146 N/A 1,823,146 1,823,146
O. RESIDENTIAL INVENTORY 2,785,463 N/A 2,785,463 2,785,463
S. SPECIAL INVENTORY 1,000 N/A 1,000 1,000
Subtotal 445,158,620 0 449,155,258 445,158,620
Less Total Deductions 85,483,289 0 89,588,896 85,483,289
Total Taxable Value 359,675,331 0 359,566,362 359,675,331

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
371,732,555 359,675,331 371,732,555 359,675,331


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,057,224 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
371,732,555 359,675,331 371,732,555 359,675,331

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

126-904-02/Grandview ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 111,440,668 0.9590 116,205,076 111,440,668
B. MULTIFAMILY RESIDENCES 3,438,180 N/A 3,438,180 3,438,180
C1. VACANT LOTS 4,038,962 N/A 4,038,962 4,038,962
D1. QUALIFIED AG LAND 6,336,482 1.3422 4,720,826 6,336,482
D2. REAL PROP:FARM & RANCH 3,964,357 N/A 3,964,357 3,964,357
E. REAL PROP NONQUAL ACREAGE 211,834,644 0.9960 212,685,386 211,834,644
F1. COMMERCIAL REAL 12,524,288 N/A 12,524,288 12,524,288
F2. INDUSTRIAL REAL 2,819,024 N/A 2,819,024 2,819,024
G. OIL,GAS,MINERALS 25,549,531 1.0521 24,284,318 25,549,531
J. UTILITIES 29,009,990 0.9583 30,272,347 29,009,990
L1. COMMERCIAL PERSONAL 7,351,438 N/A 7,351,438 7,351,438
L2. INDUSTRIAL PERSONAL 22,241,447 N/A 22,241,447 22,241,447
M. MOBILE HOMES 1,823,146 N/A 1,823,146 1,823,146
O. RESIDENTIAL INVENTORY 2,785,463 N/A 2,785,463 2,785,463
S. SPECIAL INVENTORY 1,000 N/A 1,000 1,000
Subtotal 445,158,620 449,155,258 445,158,620
Less Total Deductions 85,483,289 89,588,896 85,483,289
Total Taxable Value 359,675,331 359,566,362 359,675,331

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
371,732,555 359,675,331 371,732,555 359,675,331


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,057,224 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
371,732,555 359,675,331 371,732,555 359,675,331

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