taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

226/Tom Green

226-907/Grape Creek ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 150,584,050 .9588 157,054,704 150,584,050
B. Multi-Family Residences 574,680 N/A 574,680 574,680
C1. Vacant Lots 5,917,210 N/A 5,917,210 5,917,210
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,653,970 1.0610 6,271,123 6,653,970
D2. Real Prop Farm & Ranch 1,966,390 N/A 1,966,390 1,966,390
E. Real Prop NonQual Acres 17,018,240 .8815 19,306,001 17,018,240
F1. Commercial Real 6,656,040 N/A 6,656,040 6,656,040
F2. Industrial Real 6,453,910 N/A 6,453,910 6,453,910
G. Oil, Gas, Minerals 348,140 N/A 348,140 348,140
J. Utilities 9,678,910 N/A 9,678,910 9,678,910
L1. Commercial Personal 11,174,210 1.0162 10,996,074 11,174,210
L2. Industrial Personal 25,874,330 N/A 25,874,330 25,874,330
M. Other Personal 4,070,030 N/A 4,070,030 4,070,030
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,467,760 N/A 1,467,760 1,467,760
S. Special Inventory 750 N/A 750 750
Subtotal 248,438,620 256,636,052 248,438,620
Less Total Deductions 52,804,336   55,015,524 52,804,336
Total Taxable Value 195,634,284 201,620,528 195,634,284 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
211,085,074 195,634,284 211,085,074 195,634,284 196,956,931 196,956,931


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,450,790 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
211,085,074 195,634,284 211,085,074 195,634,284 196,956,931 196,956,931

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