taxes Property Tax Assistance

2018 ISD Summary Worksheet

057/Dallas

057-910/Grand Prairie ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 4,461,309,990 .9546 4,673,486,266 4,461,309,990
B. Multi-Family Residences 439,010,450 .8892 493,713,956 439,010,450
C1. Vacant Lots 162,005,390 N/A 162,005,390 162,005,390
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 90,704 1.0768 84,234 90,704
D2. Real Prop Farm & Ranch 71,530 N/A 71,530 71,530
E. Real Prop NonQual Acres 1,292,870 N/A 1,292,870 1,292,870
F1. Commercial Real 1,693,936,750 .9233 1,834,654,771 1,693,936,750
F2. Industrial Real 120,913,750 N/A 120,913,750 120,913,750
G. Oil, Gas, Minerals 2,175,450 N/A 2,175,450 2,175,450
J. Utilities 182,743,050 N/A 182,743,050 182,743,050
L1. Commercial Personal 1,225,556,360 1.0162 1,206,018,855 1,225,556,360
L2. Industrial Personal 436,293,460 N/A 436,293,460 436,293,460
M. Other Personal 8,295,840 N/A 8,295,840 8,295,840
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 27,900,210 N/A 27,900,210 27,900,210
Subtotal 8,761,595,804 9,149,649,632 8,761,595,804
Less Total Deductions 1,971,145,961   2,029,050,919 1,971,145,961
Total Taxable Value 6,790,449,843 7,120,598,713 6,790,449,843 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
6,978,673,957 6,790,449,843 6,978,673,957 6,790,449,843


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
188,224,114 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
6,978,673,957 6,790,449,843 6,978,673,957 6,790,449,843

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