taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

119/Jack

182-902/Graford ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 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) 671,030 N/A 671,030 671,030
D2. Real Prop Farm & Ranch 159,990 N/A 159,990 159,990
E. Real Prop NonQual Acres 1,520,140 N/A 1,520,140 1,520,140
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 19,700,220 N/A 19,700,220 19,700,220
J. Utilities 4,981,480 N/A 4,981,480 4,981,480
L1. Commercial Personal 17,680 N/A 17,680 17,680
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 27,134,350 27,134,350 27,134,350
Less Total Deductions 339,406   339,406 339,406
Total Taxable Value 26,794,944 26,794,944 26,794,944 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
26,894,944 26,794,944 26,894,944 26,794,944


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
100,000 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
26,894,944 26,794,944 26,894,944 26,794,944

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 732,333,720 N/A 732,333,720 732,333,720
B. Multi-Family Residences 117,430 N/A 117,430 117,430
C1. Vacant Lots 70,191,370 N/A 70,191,370 70,191,370
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,746,760 N/A 8,746,760 8,746,760
D2. Real Prop Farm & Ranch 1,211,290 N/A 1,211,290 1,211,290
E. Real Prop NonQual Acres 30,097,450 N/A 30,097,450 30,097,450
F1. Commercial Real 40,622,740 N/A 40,622,740 40,622,740
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 46,879,870 N/A 46,879,870 46,879,870
J. Utilities 39,130,120 N/A 39,130,120 39,130,120
L1. Commercial Personal 5,735,340 N/A 5,735,340 5,735,340
L2. Industrial Personal 3,756,980 N/A 3,756,980 3,756,980
M. Other Personal 11,570,550 N/A 11,570,550 11,570,550
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,319,900 N/A 11,319,900 11,319,900
S. Special Inventory 94,980 N/A 94,980 94,980
Subtotal 1,001,808,500 1,001,808,500 1,001,808,500
Less Total Deductions 43,073,345   43,073,345 43,073,345
Total Taxable Value 958,735,155 958,735,155 958,735,155 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
964,038,394 958,735,155 964,038,394 958,735,155


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,303,239 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
964,038,394 958,735,155 964,038,394 958,735,155

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

The PVS found your local value to be valid, and local value was certified

182-902/Graford ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 732,333,720 N/A 732,333,720 732,333,720
B. Multi-Family Residences 117,430 N/A 117,430 117,430
C1. Vacant Lots 70,191,370 N/A 70,191,370 70,191,370
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,417,790 N/A 9,417,790 9,417,790
D2. Real Prop Farm & Ranch 1,371,280 N/A 1,371,280 1,371,280
E. Real Prop NonQual Acres 31,617,590 N/A 31,617,590 31,617,590
F1. Commercial Real 40,622,740 N/A 40,622,740 40,622,740
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 66,580,090 N/A 66,580,090 66,580,090
J. Utilities 44,111,600 N/A 44,111,600 44,111,600
L1. Commercial Personal 5,753,020 N/A 5,753,020 5,753,020
L2. Industrial Personal 3,756,980 N/A 3,756,980 3,756,980
M. Other Personal 11,654,360 N/A 11,654,360 11,654,360
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,319,900 N/A 11,319,900 11,319,900
S. Special Inventory 94,980 N/A 94,980 94,980
Subtotal 1,028,942,850 1,028,942,850 1,028,942,850
Less Total Deductions 43,412,751   43,412,751 43,412,751
Total Taxable Value 985,530,099 985,530,099 985,530,099 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