taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

113/Houston

228-901/Groveton ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 847,740 N/A 847,740 847,740
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 149,710 N/A 149,710 149,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,946,190 N/A 1,946,190 1,946,190
D2. Real Prop Farm & Ranch 1,196,040 N/A 1,196,040 1,196,040
E. Real Prop NonQual Acres 5,327,860 N/A 5,327,860 5,327,860
F1. Commercial Real 24,490 N/A 24,490 24,490
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,301,000 N/A 1,301,000 1,301,000
L1. Commercial Personal 57,550 N/A 57,550 57,550
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 365,880 N/A 365,880 365,880
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 11,216,460 11,216,460 11,216,460
Less Total Deductions 1,380,211   1,380,211 1,380,211
Total Taxable Value 9,836,249 9,836,249 9,836,249 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
10,135,789 9,836,249 10,135,789 9,836,249


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
299,540 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
10,135,789 9,836,249 10,135,789 9,836,249

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

228/Trinity

228-901/Groveton 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 95,020,771 .9457 100,476,653 95,020,771
B. Multi-Family Residences 1,369,820 N/A 1,369,820 1,369,820
C1. Vacant Lots 15,276,377 1.0376 14,722,800 15,276,377
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,088,312 1.0489 28,685,657 30,088,312
D2. Real Prop Farm & Ranch 728,683 N/A 728,683 728,683
E. Real Prop NonQual Acres 62,458,354 .9106 68,590,329 62,458,354
F1. Commercial Real 8,849,682 N/A 8,849,682 8,849,682
F2. Industrial Real 309,778 N/A 309,778 309,778
G. Oil, Gas, Minerals 464,980 N/A 464,980 464,980
J. Utilities 94,214,487 .8536 110,373,110 94,214,487
L1. Commercial Personal 2,863,016 N/A 2,863,016 2,863,016
L2. Industrial Personal 3,543,960 N/A 3,543,960 3,543,960
M. Other Personal 7,824,768 N/A 7,824,768 7,824,768
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,179,330 N/A 1,179,330 1,179,330
S. Special Inventory 0 N/A 0 0
Subtotal 324,192,318 349,982,566 324,192,318
Less Total Deductions 56,168,148   59,131,894 56,168,148
Total Taxable Value 268,024,170 290,850,672 268,024,170 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
277,550,570 268,024,170 277,550,570 268,024,170


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,526,400 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
277,550,570 268,024,170 277,550,570 268,024,170

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.

228-901/Groveton ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 95,868,511 .9462 101,324,393 95,868,511
B. Multi-Family Residences 1,369,820 N/A 1,369,820 1,369,820
C1. Vacant Lots 15,426,087 1.0372 14,872,510 15,426,087
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 32,034,502 1.0458 30,631,847 32,034,502
D2. Real Prop Farm & Ranch 1,924,723 N/A 1,924,723 1,924,723
E. Real Prop NonQual Acres 67,786,214 .9170 73,918,189 67,786,214
F1. Commercial Real 8,874,172 N/A 8,874,172 8,874,172
F2. Industrial Real 309,778 N/A 309,778 309,778
G. Oil, Gas, Minerals 464,980 N/A 464,980 464,980
J. Utilities 95,515,487 .8553 111,674,110 95,515,487
L1. Commercial Personal 2,920,566 N/A 2,920,566 2,920,566
L2. Industrial Personal 3,543,960 N/A 3,543,960 3,543,960
M. Other Personal 8,190,648 N/A 8,190,648 8,190,648
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,179,330 N/A 1,179,330 1,179,330
S. Special Inventory 0 N/A 0 0
Subtotal 335,408,778 361,199,026 335,408,778
Less Total Deductions 57,548,359   60,512,105 57,548,359
Total Taxable Value 277,860,419 300,686,921 277,860,419 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