|Entity||Market Value||Taxable Value|
|City of Groveton||36,937,537||23,459,278|
|City of Trinity||95,412,085||66,909,652|
|Trinity Hospital District||781,803,736||423,087,045|
|Westwood Shores MUD||83,463,157||78,635,785|
|Apple Springs ISD||153,409,101||32,226,882|
The district maintains approximately 28,700 parcels with property types of residential, commercial, business, utilities and pipelines.
Ratio Study Analysis 2011
The Property Value Study is conducted by the State Comptroller’s Office to estimate the taxable property value in each school district to measure the performance of Appraisal Districts. If the appraisal district is within a 5% percent margin the State Comptroller will certify the local value to the Commissioner of Education. The findings of the study are used in the school funding formula for state aid. Trinity CAD has received local value for Apple Springs ISD, Centerville ISD, and Groveton ISD. Trinity ISD is currently under appeal as of April 2012.
|Apple Springs ISD||.97|
Exemption Data: The district has various exemptions that taxpayers may qualify for such as the Homestead and Over 65 residential exemptions. You may only apply for residence homestead exemption on one property in a tax year. A homestead may include up to 20 acres of land you actually use in the residential use of your home. To qualify for a homestead exemption, you must own and reside in your home on January 1 of the tax year. The age 65 or older or disability exemption for school taxes includes a school tax limitation or ceiling. Some taxing units such as county and cities have exemptions and tax ceilings limits. The filing of this application is between January 1 and April 30. You may file a late homestead exemption if you file it no later than one year after the date taxes become delinquent. There is also a Transfer of Tax Limitation or Ceiling Certificate if you move out of the county; this can transfer to the new county you reside in.