Page 222 - Grapevine FY19 Operating Budget

Note that lowering the amount or percentage of an existing exemption does not create a new
exemption or reduce taxable value. If the taxing unit increased an original exemption, use
the difference between the original exempted amount and the increased exempted amount.
Do not include value lost to freeport or goods-in-transit exemptions.

A. Absolute exemptions. Use 2017 market value: $557,611

B. Partial exemptions. 2018 exemption amount or 2018 percentage exemption times 2017 $25,298,470
value:

C. Value loss. Add A and B. 5 $25,856,081

9. 2017 taxable value lost because property first qualified for agricultural appraisal (1-
d or 1-d-1), timber appraisal, recreational/scenic appraisal or public access airport
special appraisal in 2018. Use only properties that qualified in 2018 for the first time; do
not use properties that qualified in 2017.

A. 2017 market value: $0

B. 2018 productivity or special appraised value: $0

C. Value loss. Subtract B from A. 6 $0

10. Total adjustments for lost value. Add lines 7, 8C and 9C. $25,856,081
11. 2017 adjusted taxable value. Subtract Line 10 from Line 6. $8,407,638,782

12. Adjusted 2017 taxes. Multiply Line 4 by Line 11 and divide by $100. $24,320,860

13. Taxes refunded for years preceding tax year 2017. Enter the amount of taxes refunded
by the taxing unit for tax years preceding tax year 2017. Types of refunds include court
decisions, Tax Code Section 25.25(b) and (c) corrections and Tax Code Section 31.11 $104,799
payment errors. Do not include refunds for tax year 2017. This line applies only to tax years
preceding tax year 2017. 7
14. Taxes in tax increment financing (TIF) for tax year 2017. Enter the amount of taxes
paid into the tax increment fund for a reinvestment zone as agreed by the taxing unit. If the $1,700,555
8
taxing unit has no 2018 captured appraised value in Line 16D, enter 0.
15. Adjusted 2017 taxes with refunds and TIF adjustment. Add Lines 12 and 13, subtract
9
Line 14. $22,725,104
16. Total 2018 taxable value on the 2018 certified appraisal roll today. This value
includes only certified values and includes the total taxable value of homesteads with tax
ceilings (will deduct in Line 18). These homesteads include homeowners age 65 or older or
disabled. 10

A. Certified values: $8,730,311,903

B. Counties: Include railroad rolling stock values certified by the Comptroller's office: $0

C. Pollution control and energy storage system exemption : Deduct the value of property
exempted for the current tax year for the first time as pollution control or energy storage $0
system property:

D. Tax increment financing: Deduct the 2018 captured appraised value of property taxable $585,341,503
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