taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

057/Dallas

220-906/Grapevine-Colleyville 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) 0 N/A 0 0
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 0 N/A 0 0
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,447,060 N/A 1,447,060 1,447,060
J. Utilities 1,509,790 N/A 1,509,790 1,509,790
L1. Commercial Personal 1,744,945,260 N/A 1,744,945,260 1,744,945,260
L2. Industrial Personal 66,235,770 N/A 66,235,770 66,235,770
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 1,814,137,880 1,814,137,880 1,814,137,880
Less Total Deductions 1,532,539,246   1,532,539,246 1,532,539,246
Total Taxable Value 281,598,634 281,598,634 281,598,634 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
281,598,634 281,598,634 281,598,634 281,598,634


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
281,598,634 281,598,634 281,598,634 281,598,634

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

220/Tarrant

220-906/Grapevine-Colleyville ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 6,294,799,096 .9066 6,943,303,658 6,294,799,096
B. Multi-Family Residences 1,173,068,314 1.0143 1,156,529,936 1,173,068,314
C1. Vacant Lots 167,772,880 N/A 167,772,880 167,772,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 73,395 1.7942 40,906 73,395
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 1,808,424 N/A 1,808,424 1,808,424
F1. Commercial Real 2,565,569,966 .8983 2,856,028,015 2,565,569,966
F2. Industrial Real 36,989,184 N/A 36,989,184 36,989,184
G. Oil, Gas, Minerals 11,991,330 N/A 11,991,330 11,991,330
J. Utilities 157,327,091 N/A 157,327,091 157,327,091
L1. Commercial Personal 2,300,814,419 .9957 2,310,750,647 2,300,814,419
L2. Industrial Personal 141,608,374 N/A 141,608,374 141,608,374
M. Other Personal 6,074,428 N/A 6,074,428 6,074,428
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 34,832,409 N/A 34,832,409 34,832,409
S. Special Inventory 97,973,315 N/A 97,973,315 97,973,315
Subtotal 12,990,702,625 13,923,030,597 12,990,702,625
Less Total Deductions 2,224,199,464   2,350,738,067 2,224,199,464
Total Taxable Value 10,766,503,161 11,572,292,530 10,766,503,161 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
10,933,482,303 10,766,503,161 10,933,482,303 10,766,503,161


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
166,979,142 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
10,933,482,303 10,766,503,161 10,933,482,303 10,766,503,161

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 invalid, but local value was certified because your school district is in year one of the grace period.

220-906/Grapevine-Colleyville ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 6,294,799,096 .9066 6,943,303,658 6,294,799,096
B. Multi-Family Residences 1,173,068,314 1.0143 1,156,529,936 1,173,068,314
C1. Vacant Lots 167,772,880 N/A 167,772,880 167,772,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 73,395 1.7942 40,906 73,395
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 1,808,424 N/A 1,808,424 1,808,424
F1. Commercial Real 2,565,569,966 .8983 2,856,028,015 2,565,569,966
F2. Industrial Real 36,989,184 N/A 36,989,184 36,989,184
G. Oil, Gas, Minerals 13,438,390 N/A 13,438,390 13,438,390
J. Utilities 158,836,881 N/A 158,836,881 158,836,881
L1. Commercial Personal 4,045,759,679 .9976 4,055,695,907 4,045,759,679
L2. Industrial Personal 207,844,144 N/A 207,844,144 207,844,144
M. Other Personal 6,074,428 N/A 6,074,428 6,074,428
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 34,832,409 N/A 34,832,409 34,832,409
S. Special Inventory 97,973,315 N/A 97,973,315 97,973,315
Subtotal 14,804,840,505 15,737,168,477 14,804,840,505
Less Total Deductions 3,756,738,710   3,883,277,313 3,756,738,710
Total Taxable Value 11,048,101,795 11,853,891,164 11,048,101,795 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