taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

057/Dallas

057-910/Grand Prairie ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 2,859,137,420 1.0113 2,827,190,171 2,859,137,420
B. Multi-Family Residences 240,223,190 N/A 240,223,190 240,223,190
C. Vacant Lots 108,084,070 N/A 108,084,070 108,084,070
D. Rural Real(Taxable) 852,779 1.0305 827,536 852,779
F1. Commercial Real 887,534,710 .9528 931,501,585 887,534,710
F2. Industrial Real 85,396,190 N/A 85,396,190 85,396,190
G. Oil, Gas, Minerals 11,445,080 N/A 11,445,080 11,445,080
J. Utilities 142,997,750 N/A 142,997,750 142,997,750
L1. Commercial Personal 717,064,640 1.0297 696,382,092 717,064,640
L2. Industrial Personal 440,884,510 N/A 440,884,510 440,884,510
M. Other Personal 9,414,270 N/A 9,414,270 9,414,270
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 21,681,340 N/A 21,681,340 21,681,340
Subtotal 5,524,715,949 5,516,027,784 5,524,715,949
Less Total Deductions 982,287,201   976,424,547 982,287,201
Total Taxable Value 4,542,428,748 4,539,603,237 4,542,428,748 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 719,080 N/A 719,080
Prod Value Qualified Acres 133,699 1.2327 108,456
Taxable Value 852,779   827,536

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
4,747,817,810 4,542,428,748 4,747,817,810 4,542,428,748 4,568,187,588 4,568,187,588


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
205,389,062 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
4,747,817,810 4,542,428,748 4,747,817,810 4,542,428,748 4,568,187,588 4,568,187,588

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