taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

119/Jack

182-902/Graford ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
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) 640,550 N/A 640,550 640,550
D2. Real Prop Farm & Ranch 179,300 N/A 179,300 179,300
E. Real Prop NonQual Acres 1,436,200 N/A 1,436,200 1,436,200
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 4,456,820 N/A 4,456,820 4,456,820
J. Utilities 792,260 N/A 792,260 792,260
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 83,810 N/A 83,810 83,810
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 7,588,940 7,588,940 7,588,940
Less Total Deductions 209,425   209,425 209,425
Total Taxable Value 7,379,515 7,379,515 7,379,515 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
7,469,515 7,379,515 7,469,515 7,379,515 7,379,515 7,379,515


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
90,000 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
7,469,515 7,379,515 7,469,515 7,379,515 7,379,515 7,379,515

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

182/Palo Pinto

182-902/Graford ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 704,585,390 .9766 721,467,735 704,585,390
B. Multi-Family Residences 117,430 N/A 117,430 117,430
C1. Vacant Lots 71,278,260 .9871 72,209,766 71,278,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,502,520 .8437 10,078,017 8,502,520
D2. Real Prop Farm & Ranch 2,118,740 N/A 2,118,740 2,118,740
E. Real Prop NonQual Acres 28,545,190 N/A 28,545,190 28,545,190
F1. Commercial Real 38,022,210 N/A 38,022,210 38,022,210
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 63,192,550 1.0219 61,838,291 63,192,550
J. Utilities 41,514,120 N/A 41,514,120 41,514,120
L1. Commercial Personal 6,397,750 N/A 6,397,750 6,397,750
L2. Industrial Personal 3,732,360 N/A 3,732,360 3,732,360
M. Other Personal 11,672,020 N/A 11,672,020 11,672,020
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,253,600 N/A 8,253,600 8,253,600
S. Special Inventory 295,140 N/A 295,140 295,140
Subtotal 988,227,280 1,006,262,369 988,227,280
Less Total Deductions 38,377,185   39,746,298 38,377,185
Total Taxable Value 949,850,095 966,516,071 949,850,095 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
955,768,408 949,850,095 955,768,408 949,850,095 951,039,107 951,039,107


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,918,313 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
955,768,408 949,850,095 955,768,408 949,850,095 951,039,107 951,039,107

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

182-902/Graford ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 704,585,390 .9766 721,467,735 704,585,390
B. Multi-Family Residences 117,430 N/A 117,430 117,430
C1. Vacant Lots 71,278,260 .9871 72,209,766 71,278,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,143,070 .8530 10,718,567 9,143,070
D2. Real Prop Farm & Ranch 2,298,040 N/A 2,298,040 2,298,040
E. Real Prop NonQual Acres 29,981,390 N/A 29,981,390 29,981,390
F1. Commercial Real 38,022,210 N/A 38,022,210 38,022,210
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 67,649,370 1.0204 66,295,111 67,649,370
J. Utilities 42,306,380 N/A 42,306,380 42,306,380
L1. Commercial Personal 6,397,750 N/A 6,397,750 6,397,750
L2. Industrial Personal 3,732,360 N/A 3,732,360 3,732,360
M. Other Personal 11,755,830 N/A 11,755,830 11,755,830
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,253,600 N/A 8,253,600 8,253,600
S. Special Inventory 295,140 N/A 295,140 295,140
Subtotal 995,816,220 1,013,851,309 995,816,220
Less Total Deductions 38,586,610   39,955,723 38,586,610
Total Taxable Value 957,229,610 973,895,586 957,229,610 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