taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

113/Houston

228-901/Groveton ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 813,730 N/A 813,730 813,730
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 149,710 N/A 149,710 149,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,985,550 N/A 1,985,550 1,985,550
D2. Real Prop Farm & Ranch 1,312,570 N/A 1,312,570 1,312,570
E. Real Prop NonQual Acres 4,715,430 N/A 4,715,430 4,715,430
F1. Commercial Real 24,490 N/A 24,490 24,490
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,372,700 N/A 1,372,700 1,372,700
L1. Commercial Personal 21,620 N/A 21,620 21,620
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 301,700 N/A 301,700 301,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 10,697,500 10,697,500 10,697,500
Less Total Deductions 918,372   918,372 918,372
Total Taxable Value 9,779,128 9,779,128 9,779,128 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
10,104,358 9,779,128 10,104,358 9,779,128 9,779,128 9,779,128


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
325,230 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
10,104,358 9,779,128 10,104,358 9,779,128 9,779,128 9,779,128

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

228/Trinity

228-901/Groveton ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 88,603,119 N/A 88,603,119 88,603,119
B. Multi-Family Residences 1,338,122 N/A 1,338,122 1,338,122
C1. Vacant Lots 17,250,358 N/A 17,250,358 17,250,358
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 29,916,462 N/A 29,916,462 29,916,462
D2. Real Prop Farm & Ranch 827,694 N/A 827,694 827,694
E. Real Prop NonQual Acres 51,162,026 N/A 51,162,026 51,162,026
F1. Commercial Real 8,517,799 N/A 8,517,799 8,517,799
F2. Industrial Real 309,778 N/A 309,778 309,778
G. Oil, Gas, Minerals 620,916 N/A 620,916 620,916
J. Utilities 55,826,968 N/A 55,826,968 55,826,968
L1. Commercial Personal 3,144,006 N/A 3,144,006 3,144,006
L2. Industrial Personal 9,098,887 N/A 9,098,887 9,098,887
M. Other Personal 7,352,325 N/A 7,352,325 7,352,325
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 956,304 N/A 956,304 956,304
S. Special Inventory 0 N/A 0 0
Subtotal 274,924,764 274,924,764 274,924,764
Less Total Deductions 41,798,994   41,798,994 41,798,994
Total Taxable Value 233,125,770 233,125,770 233,125,770 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
245,002,518 233,125,770 245,002,518 233,125,770 234,595,385 234,595,385


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,876,748 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
245,002,518 233,125,770 245,002,518 233,125,770 234,595,385 234,595,385

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

228-901/Groveton ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 89,416,849 N/A 89,416,849 89,416,849
B. Multi-Family Residences 1,338,122 N/A 1,338,122 1,338,122
C1. Vacant Lots 17,400,068 N/A 17,400,068 17,400,068
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,902,012 N/A 31,902,012 31,902,012
D2. Real Prop Farm & Ranch 2,140,264 N/A 2,140,264 2,140,264
E. Real Prop NonQual Acres 55,877,456 N/A 55,877,456 55,877,456
F1. Commercial Real 8,542,289 N/A 8,542,289 8,542,289
F2. Industrial Real 309,778 N/A 309,778 309,778
G. Oil, Gas, Minerals 620,916 N/A 620,916 620,916
J. Utilities 57,199,668 N/A 57,199,668 57,199,668
L1. Commercial Personal 3,165,626 N/A 3,165,626 3,165,626
L2. Industrial Personal 9,098,887 N/A 9,098,887 9,098,887
M. Other Personal 7,654,025 N/A 7,654,025 7,654,025
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 956,304 N/A 956,304 956,304
S. Special Inventory 0 N/A 0 0
Subtotal 285,622,264 285,622,264 285,622,264
Less Total Deductions 42,717,366   42,717,366 42,717,366
Total Taxable Value 242,904,898 242,904,898 242,904,898 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