taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

113/Houston

113-902/Grapeland ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 76,756,620 .9929 77,305,489 76,756,620
B. Multi-Family Residences 560,690 N/A 560,690 560,690
C. Vacant Lots 4,376,300 N/A 4,376,300 4,376,300
D. Rural Real(Taxable) 93,200,000 .9458 98,539,327 93,200,000
F1. Commercial Real 8,707,060 N/A 8,707,060 8,707,060
F2. Industrial Real 4,446,930 N/A 4,446,930 4,446,930
G. Oil, Gas, Minerals 25,679,270 1.0137 25,332,219 25,679,270
J. Utilities 51,959,720 .9625 53,984,125 51,959,720
L1. Commercial Personal 4,882,200 N/A 4,882,200 4,882,200
L2. Industrial Personal 15,758,960 N/A 15,758,960 15,758,960
M. Other Personal 4,798,940 N/A 4,798,940 4,798,940
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 824,710 N/A 824,710 824,710
Subtotal 291,951,400 299,516,950 291,951,400
Less Total Deductions 33,981,980   34,216,232 33,981,980
Total Taxable Value 257,969,420 265,300,718 257,969,420 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 80,044,720 .9512 84,151,304
Prod Value Qualified Acres 13,155,280 .9143 14,388,023
Taxable Value 93,200,000   98,539,327

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
269,054,830 257,969,420 269,054,830 257,969,420 257,969,420 257,969,420


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,085,410 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
269,054,830 257,969,420 269,054,830 257,969,420 257,969,420 257,969,420

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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