taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

090/Gray

090-905/Grandview-Hopkins ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 654,530 N/A 654,530 654,530
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,837,170 1.8311 4,280,036 7,837,170
D2. Real Prop Farm & Ranch 684,410 N/A 684,410 684,410
E. Real Prop NonQual Acres 9,510,620 N/A 9,510,620 9,510,620
F1. Commercial Real 18,000 N/A 18,000 18,000
F2. Industrial Real 47,130 N/A 47,130 47,130
G. Oil, Gas, Minerals 102,934,300 1.0111 101,804,273 102,934,300
J. Utilities 27,131,830 N/A 27,131,830 27,131,830
L1. Commercial Personal 639,240 N/A 639,240 639,240
L2. Industrial Personal 7,290 N/A 7,290 7,290
M. Other Personal 0 N/A 0 0
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 149,464,520 144,777,359 149,464,520
Less Total Deductions 931,864   931,864 931,864
Total Taxable Value 148,532,656 143,845,495 148,532,656 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
148,782,656 148,532,656 148,782,656 148,532,656 148,532,656 148,532,656


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
250,000 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
148,782,656 148,532,656 148,782,656 148,532,656 148,532,656 148,532,656

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