taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

246/Williamson

246-905/Granger ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 54,779,373 N/A 54,779,373 54,779,373
B. Multi-Family Residences 511,290 N/A 511,290 511,290
C1. Vacant Lots 2,069,980 N/A 2,069,980 2,069,980
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,366,870 N/A 22,366,870 22,366,870
D2. Real Prop Farm & Ranch 1,934,347 N/A 1,934,347 1,934,347
E. Real Prop NonQual Acres 44,737,128 N/A 44,737,128 44,737,128
F1. Commercial Real 8,183,826 N/A 8,183,826 8,183,826
F2. Industrial Real 579,210 N/A 579,210 579,210
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 16,600,261 N/A 16,600,261 16,600,261
L1. Commercial Personal 2,251,363 N/A 2,251,363 2,251,363
L2. Industrial Personal 445,182 N/A 445,182 445,182
M. Other Personal 876,537 N/A 876,537 876,537
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,432 N/A 2,432 2,432
Subtotal 155,337,799 155,337,799 155,337,799
Less Total Deductions 23,779,426   23,779,426 23,779,426
Total Taxable Value 131,558,373 131,558,373 131,558,373 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
137,407,963 131,558,373 137,407,963 131,558,373


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,849,590 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
137,407,963 131,558,373 137,407,963 131,558,373

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