taxes Property Tax Assistance

2020 ISD Summary Worksheet

090-Gray /Gray County

090-905/Grandview-Hopkins ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	970,410	N/A	970,410	970,410
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,150,260	0.6812	11,965,346	8,150,260
D2 - FARM & RANCH IMP	533,690	N/A	533,690	533,690
E - NON-AG LAND AND IMPROVEMENTS	5,415,350	0.9460	5,724,471	5,415,350
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	47,120	N/A	47,120	47,120
G - ALL MINERALS	25,098,404	1.0043	24,990,943	25,098,404
J - ALL UTILITIES	31,030,850	0.8539	36,340,145	31,030,850
L1 - COMMERCIAL PERSONAL	480,740	N/A	480,740	480,740
L2 - INDUSTRIAL PERSONAL	68,439,880	N/A	68,439,880	68,439,880
M1 - MOBILE HOMES	24,010	N/A	24,010	24,010
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	140,190,714	0	149,516,755	140,190,714
Less Total Deductions	59,007,867	0	59,007,867	59,007,867
Total Taxable Value	81,182,847	0	90,508,888	81,182,847

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
81,450,597	81,182,847	81,450,597	81,182,847

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
267,750	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
138,799,887	138,532,137	138,799,887	138,532,137

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

090-905-02/Grandview-Hopkins ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	970,410	N/A	970,410	970,410
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,150,260	0.6812	11,965,346	8,150,260
D2 - FARM & RANCH IMP	533,690	N/A	533,690	533,690
E - NON-AG LAND AND IMPROVEMENTS	5,415,350	0.9460	5,724,471	5,415,350
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	47,120	N/A	47,120	47,120
G - ALL MINERALS	25,098,404	1.0043	24,990,943	25,098,404
J - ALL UTILITIES	31,030,850	0.8539	36,340,145	31,030,850
L1 - COMMERCIAL PERSONAL	480,740	N/A	480,740	480,740
L2 - INDUSTRIAL PERSONAL	68,439,880	N/A	68,439,880	68,439,880
M1 - MOBILE HOMES	24,010	N/A	24,010	24,010
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	140,190,714		149,516,755	140,190,714
Less Total Deductions	59,007,867		59,007,867	59,007,867
Total Taxable Value	81,182,847		90,508,888	81,182,847

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
81,450,597	81,182,847	81,450,597	81,182,847

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
267,750	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
138,799,887	138,532,137	138,799,887	138,532,137

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