Page 283 - Grapevine FY20 Approved Budget

by a taxing unit in a tax increment financing zone for which the 2019 taxes will be deposited
into the tax increment fund. Do not include any new property value that will be included in
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Line 21 below.
$8,548,788,851
E. Total 2019 value. Add A and B, then subtract C and D.

17. Total value of properties under protest or not included on certified appraisal roll. 12

A. 2019 taxable value of properties under protest. The chief appraiser certifies a list of
properties still under ARB protest. The list shows the appraisal district's value and the $367,009,283
taxpayer's claimed value, if any, or an estimate of the value if the taxpayer wins. For each of
the properties under protest, use the lowest of these values. Enter the total value. 13

B. 2019 value of properties not under protest or included on certified appraisal roll. $196,047,495
The chief appraiser gives taxing units a list of those taxable properties that the chief
appraiser knows about, but are not included in the appraisal roll certification. These
properties also are not on the list of properties that are still under protest. On this list of
properties, the chief appraiser includes the market value, appraised value and exemptions for
the preceding year and a reasonable estimate of the market value, appraised value and
exemptions for the current year. Use the lower market, appraised or taxable value (as
appropriate). Enter the total value. 14

C. Total value under protest or not certified: Add A and B. $563,056,778

18. 2019 tax ceilings. Counties, cities and junior colleges enter 2019 total taxable value of
homesteads with tax ceilings. These include the homesteads of homeowners age 65 or older
or disabled. Other taxing units enter 0. If your taxing units adopted the tax ceiling provision $0
in 2018 or a prior year for homeowners age 65 or older or disabled, use this step. 15
19. 2019 total taxable value. Add Lines 16E and 17C. Subtract Line 18. $9,111,845,629

20. Total 2019 taxable value of properties in territory annexed after Jan. 1, 2018.
Include both real and personal property. Enter the 2019 value of property in territory $0
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annexed.
21. Total 2019 taxable value of new improvements and new personal property located
in new improvements. New means the item was not on the appraisal roll in 2018. An
improvement is a building, structure, fixture or fence erected on or affixed to land. New
additions to existing improvements may be included if the appraised value can be $178,251,410
determined. New personal property in a new improvement must have been brought into the
taxing unit after Jan. 1, 2018, and be located in a new improvement. New improvements do
include property on which a tax abatement agreement has expired for 2019. 17
22. Total adjustments to the 2019 taxable value. Add Lines 20 and 21. $178,251,410

23. 2019 adjusted taxable value. Subtract Line 22 from Line 19. $8,933,594,219

24. 2019 effective tax rate. Divide Line 15 by Line 23 and multiply by $100. 18 $0.272399/$100
25. COUNTIES ONLY. Add together the effective tax rates for each type of tax the county
levies. The total is the 2019 county effective tax rate. 19

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1 Tex. Tax Code Section 26.012(14) Tex. Tax Code Section 26.012(13)
2 Tex. Tax Code Section 26.012(14) Tex. Tax Code Section 26.012
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3 Tex. Tax Code Section 26.012(13) Tex. Tax Code Section 26.03(c)
4 Tex. Tax Code Section 26.012(15) Tex. Tax Code Section 26.01(c) and (d)
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