taxes Property Tax Assistance

2022 ISD Summary Worksheet

226-Tom Green /Tom Green County

226-907/Grape Creek ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 435,335,002 0.9011 483,115,084 435,335,002
B - MULTIFAMILY 1,850,080 N/A 1,850,080 1,850,080
C1 - VACANT LOTS 8,347,910 N/A 8,347,910 8,347,910
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,644,940 1.4139 4,699,740 6,644,940
D2 - FARM & RANCH IMP 5,394,600 N/A 5,394,600 5,394,600
E - NON-AG LAND AND IMPROVEMENTS 50,689,830 0.9222 54,966,200 50,689,830
F1 - COMMERCIAL REAL 14,720,310 N/A 14,720,310 14,720,310
F2 - INDUSTRIAL REAL 6,482,800 N/A 6,482,800 6,482,800
G - ALL MINERALS 184,770 N/A 184,770 184,770
J - ALL UTILITIES 20,302,860 N/A 20,302,860 20,302,860
L1 - COMMERCIAL PERSONAL 16,304,450 N/A 16,304,450 16,304,450
L2 - INDUSTRIAL PERSONAL 8,832,780 N/A 8,832,780 8,832,780
M1 - MOBILE HOMES 9,896,430 N/A 9,896,430 9,896,430
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,318,960 N/A 1,318,960 1,318,960
S - SPECIAL INVENTORY 38,580 N/A 38,580 38,580
Subtotal 586,344,302 0 636,455,554 586,344,302
Less Total Deductions 164,093,974 0 179,968,095 164,093,974
Total Taxable Value 422,250,328 0 456,487,459 422,250,328

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 T13
448,994,583 422,250,328 448,994,583 422,250,328 468,804,583


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
26,744,255 0 19,810,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
448,994,583 422,250,328 448,994,583 422,250,328 468,804,583

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

226-907-02/Grape Creek ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 435,335,002 0.9011 483,115,084 435,335,002
B - MULTIFAMILY 1,850,080 N/A 1,850,080 1,850,080
C1 - VACANT LOTS 8,347,910 N/A 8,347,910 8,347,910
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,644,940 1.4139 4,699,740 6,644,940
D2 - FARM & RANCH IMP 5,394,600 N/A 5,394,600 5,394,600
E - NON-AG LAND AND IMPROVEMENTS 50,689,830 0.9222 54,966,200 50,689,830
F1 - COMMERCIAL REAL 14,720,310 N/A 14,720,310 14,720,310
F2 - INDUSTRIAL REAL 6,482,800 N/A 6,482,800 6,482,800
G - ALL MINERALS 184,770 N/A 184,770 184,770
J - ALL UTILITIES 20,302,860 N/A 20,302,860 20,302,860
L1 - COMMERCIAL PERSONAL 16,304,450 N/A 16,304,450 16,304,450
L2 - INDUSTRIAL PERSONAL 8,832,780 N/A 8,832,780 8,832,780
M1 - MOBILE HOMES 9,896,430 N/A 9,896,430 9,896,430
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,318,960 N/A 1,318,960 1,318,960
S - SPECIAL INVENTORY 38,580 N/A 38,580 38,580
Subtotal 586,344,302 636,455,554 586,344,302
Less Total Deductions 164,093,974 179,968,095 164,093,974
Total Taxable Value 422,250,328 456,487,459 422,250,328

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 T13
448,994,583 422,250,328 448,994,583 422,250,328 468,804,583


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
26,744,255 0 19,810,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
448,994,583 422,250,328 448,994,583 422,250,328 468,804,583

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement