taxes Property Tax Assistance

2022 ISD Summary Worksheet

113-Houston/Houston County

113-902/Grapeland ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	120,775,860	0.8557	141,142,760	141,142,760
B - MULTIFAMILY	594,480	N/A	594,480	594,480
C1 - VACANT LOTS	7,897,480	N/A	7,897,480	7,897,480
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,020,916	0.9768	17,426,051	17,426,051
D2 - FARM & RANCH IMP	12,146,370	N/A	12,146,370	12,146,370
E - NON-AG LAND AND IMPROVEMENTS	123,240,540	0.8056	152,979,816	152,979,816
F1 - COMMERCIAL REAL	17,663,640	N/A	17,663,640	17,663,640
F2 - INDUSTRIAL REAL	39,741,040	N/A	39,741,040	39,741,040
G - ALL MINERALS	1,684,700	N/A	1,684,700	1,684,700
J - ALL UTILITIES	142,994,030	0.9499	150,535,877	150,535,877
L1 - COMMERCIAL PERSONAL	6,078,420	N/A	6,078,420	6,078,420
L2 - INDUSTRIAL PERSONAL	68,542,030	N/A	68,542,030	68,542,030
M1 - MOBILE HOMES	8,460,770	N/A	8,460,770	8,460,770
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	830,460	N/A	830,460	830,460
Subtotal	567,670,736	0	625,723,894	625,723,894
Less Total Deductions	72,425,142	0	80,858,116	80,858,116
Total Taxable Value	495,245,594	0	544,865,778	544,865,778

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	T13
559,243,658	544,865,778	559,243,658	544,865,778	570,523,658

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
14,377,880	0	11,280,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
559,243,658	544,865,778	559,243,658	544,865,778	570,523,658

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	120,775,860	0.8557	141,142,760	141,142,760
B - MULTIFAMILY	594,480	N/A	594,480	594,480
C1 - VACANT LOTS	7,897,480	N/A	7,897,480	7,897,480
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,020,916	0.9768	17,426,051	17,426,051
D2 - FARM & RANCH IMP	12,146,370	N/A	12,146,370	12,146,370
E - NON-AG LAND AND IMPROVEMENTS	123,240,540	0.8056	152,979,816	152,979,816
F1 - COMMERCIAL REAL	17,663,640	N/A	17,663,640	17,663,640
F2 - INDUSTRIAL REAL	39,741,040	N/A	39,741,040	39,741,040
G - ALL MINERALS	1,684,700	N/A	1,684,700	1,684,700
J - ALL UTILITIES	142,994,030	0.9499	150,535,877	150,535,877
L1 - COMMERCIAL PERSONAL	6,078,420	N/A	6,078,420	6,078,420
L2 - INDUSTRIAL PERSONAL	68,542,030	N/A	68,542,030	68,542,030
M1 - MOBILE HOMES	8,460,770	N/A	8,460,770	8,460,770
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	830,460	N/A	830,460	830,460
Subtotal	567,670,736		625,723,894	625,723,894
Less Total Deductions	72,425,142		80,858,116	80,858,116
Total Taxable Value	495,245,594		544,865,778	544,865,778

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	T13
559,243,658	544,865,778	559,243,658	544,865,778	570,523,658

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
14,377,880	0	11,280,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
559,243,658	544,865,778	559,243,658	544,865,778	570,523,658

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement