taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

246/Williamson

246-905/Granger ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 52,025,334 .9730 53,468,997 52,025,334
B. Multi-Family Residences 503,076 N/A 503,076 503,076
C1. Vacant Lots 2,156,145 N/A 2,156,145 2,156,145
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,604,271 1.1462 19,721,646 22,604,271
D2. Real Prop Farm & Ranch 1,764,286 N/A 1,764,286 1,764,286
E. Real Prop NonQual Acres 42,682,602 .9665 44,162,030 42,682,602
F1. Commercial Real 7,771,015 1.0574 7,349,172 7,771,015
F2. Industrial Real 553,166 N/A 553,166 553,166
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 16,207,645 .9283 17,459,490 16,207,645
L1. Commercial Personal 1,360,323 N/A 1,360,323 1,360,323
L2. Industrial Personal 445,060 N/A 445,060 445,060
M. Other Personal 910,671 N/A 910,671 910,671
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 148,983,594 149,854,062 148,983,594
Less Total Deductions 20,410,910   21,116,856 20,410,910
Total Taxable Value 128,572,684 128,737,206 128,572,684 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
134,776,660 128,572,684 134,776,660 128,572,684 128,572,684 128,572,684


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,203,976 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
134,776,660 128,572,684 134,776,660 128,572,684 128,572,684 128,572,684

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