taxes Property Tax Assistance

2016 ISD Summary Worksheet

057/Dallas

057-910/Grand Prairie ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 3,437,912,660 .9944 3,457,273,391 3,437,912,660
B. Multi-Family Residences 340,362,900 .8124 418,959,749 340,362,900
C1. Vacant Lots 127,947,040 N/A 127,947,040 127,947,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 120,116 .9239 130,009 120,116
D2. Real Prop Farm & Ranch 80,870 N/A 80,870 80,870
E. Real Prop NonQual Acres 1,370,720 N/A 1,370,720 1,370,720
F1. Commercial Real 1,273,496,960 .9387 1,356,660,232 1,273,496,960
F2. Industrial Real 154,575,780 N/A 154,575,780 154,575,780
G. Oil, Gas, Minerals 5,138,420 N/A 5,138,420 5,138,420
J. Utilities 174,658,580 N/A 174,658,580 174,658,580
L1. Commercial Personal 1,107,343,560 1.0041 1,102,821,990 1,107,343,560
L2. Industrial Personal 423,514,440 N/A 423,514,440 423,514,440
M. Other Personal 9,192,860 N/A 9,192,860 9,192,860
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 33,492,930 N/A 33,492,930 33,492,930
Subtotal 7,089,207,836 7,265,817,011 7,089,207,836
Less Total Deductions 1,490,931,541   1,495,330,236 1,490,931,541
Total Taxable Value 5,598,276,295 5,770,486,775 5,598,276,295 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
5,787,566,202 5,598,276,295 5,787,566,202 5,598,276,295


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
189,289,907 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
5,787,566,202 5,598,276,295 5,787,566,202 5,598,276,295

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