taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

226/Tom Green

226-907/Grape Creek ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 175,660,000 N/A 175,660,000 175,660,000
B. Multi-Family Residences 574,700 N/A 574,700 574,700
C1. Vacant Lots 7,199,420 N/A 7,199,420 7,199,420
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,598,690 N/A 6,598,690 6,598,690
D2. Real Prop Farm & Ranch 2,319,330 N/A 2,319,330 2,319,330
E. Real Prop NonQual Acres 20,008,420 N/A 20,008,420 20,008,420
F1. Commercial Real 7,696,630 N/A 7,696,630 7,696,630
F2. Industrial Real 6,482,850 N/A 6,482,850 6,482,850
G. Oil, Gas, Minerals 287,040 N/A 287,040 287,040
J. Utilities 13,010,890 N/A 13,010,890 13,010,890
L1. Commercial Personal 15,672,620 N/A 15,672,620 15,672,620
L2. Industrial Personal 24,154,980 N/A 24,154,980 24,154,980
M. Other Personal 4,291,380 N/A 4,291,380 4,291,380
N. Intangible Personal Prop 1,940 N/A 1,940 1,940
O. Residential Inventory 2,588,020 N/A 2,588,020 2,588,020
S. Special Inventory 960 N/A 960 960
Subtotal 286,547,870 286,547,870 286,547,870
Less Total Deductions 60,102,032   60,102,032 60,102,032
Total Taxable Value 226,445,838 226,445,838 226,445,838 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
241,845,028 226,445,838 241,845,028 226,445,838 231,860,716 231,860,716


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,399,190 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
241,845,028 226,445,838 241,845,028 226,445,838 231,860,716 231,860,716

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