taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

113/Houston

113-902/Grapeland ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 79,604,320 N/A 79,604,320 79,604,320
B. Multi-Family Residences 560,690 N/A 560,690 560,690
C1. Vacant Lots 4,564,110 N/A 4,564,110 4,564,110
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,857,120 N/A 14,857,120 14,857,120
D2. Real Prop Farm & Ranch 14,240,470 N/A 14,240,470 14,240,470
E. Real Prop NonQual Acres 68,385,420 N/A 68,385,420 68,385,420
F1. Commercial Real 9,475,020 N/A 9,475,020 9,475,020
F2. Industrial Real 4,417,550 N/A 4,417,550 4,417,550
G. Oil, Gas, Minerals 15,128,730 N/A 15,128,730 15,128,730
J. Utilities 53,911,960 N/A 53,911,960 53,911,960
L1. Commercial Personal 5,295,010 N/A 5,295,010 5,295,010
L2. Industrial Personal 18,073,070 N/A 18,073,070 18,073,070
M. Other Personal 5,143,240 N/A 5,143,240 5,143,240
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 72,110 N/A 72,110 72,110
S. Special Inventory 798,320 N/A 798,320 798,320
Subtotal 294,527,140 294,527,140 294,527,140
Less Total Deductions 33,735,292   33,735,292 33,735,292
Total Taxable Value 260,791,848 260,791,848 260,791,848 T2

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
271,731,448 260,791,848 271,731,448 260,791,848 262,547,421 262,547,421


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,939,600 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
271,731,448 260,791,848 271,731,448 260,791,848 262,547,421 262,547,421

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