taxes Property Tax Assistance

2017 ISD Summary Worksheet

090/Gray

090-905/Grandview-Hopkins ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,023,290 N/A 1,023,290 1,023,290
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) 7,897,260 N/A 7,897,260 7,897,260
D2. Real Prop Farm & Ranch 803,050 N/A 803,050 803,050
E. Real Prop NonQual Acres 6,283,680 N/A 6,283,680 6,283,680
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 96,803,060 N/A 96,803,060 96,803,060
G. Oil, Gas, Minerals 32,303,660 N/A 32,303,660 32,303,660
J. Utilities 34,286,140 N/A 34,286,140 34,286,140
L1. Commercial Personal 509,640 N/A 509,640 509,640
L2. Industrial Personal 1,168,180 N/A 1,168,180 1,168,180
M. Other Personal 2,980 N/A 2,980 2,980
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 181,080,940 181,080,940 181,080,940
Less Total Deductions 88,719,926   88,719,926 88,719,926
Total Taxable Value 92,361,014 92,361,014 92,361,014 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
92,627,774 92,361,014 92,627,774 92,361,014


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
266,760 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
179,383,714 179,116,954 179,383,714 179,116,954

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