taxes Property Tax Assistance

2023 ISD Summary Worksheet

120-Jackson/Jackson County

158-905/Palacios ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 142,362,230 0.7347 193,769,198 193,769,198
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 38,321,760 0.8878 43,164,857 43,164,857
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,669,383 1.2320 7,037,008 7,037,008
D2 - FARM & RANCH IMP 1,736,060 N/A 1,736,060 1,736,060
E - NON-AG LAND AND IMPROVEMENTS 19,033,560 0.6082 31,294,903 31,294,903
F1 - COMMERCIAL REAL 9,562,038 N/A 9,562,038 9,562,038
F2 - INDUSTRIAL REAL 672,901,200 N/A 672,901,200 672,901,200
G - ALL MINERALS 2,511,880 N/A 2,511,880 2,511,880
J - ALL UTILITIES 24,502,150 0.9841 24,898,029 24,898,029
L1 - COMMERCIAL PERSONAL 475,297 N/A 475,297 475,297
L2 - INDUSTRIAL PERSONAL 17,556,990 N/A 17,556,990 17,556,990
M1 - MOBILE HOMES 1,334,860 N/A 1,334,860 1,334,860
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 938,967,408 0 1,006,242,320 1,006,242,320
Less Total Deductions 688,158,168 0 700,373,883 700,373,883
Total Taxable Value 250,809,240 0 305,868,437 305,868,437

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

Measure Value Description
T1 321,767,337 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 305,868,437 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 316,739,019 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 300,840,119 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 326,987,337 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 330,467,337 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 306,102,088 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 964,469,437 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 948,570,537 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 959,441,119 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 943,542,219 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 969,689,437 T13 plus the loss to the chapter 313 agreement
T16 973,169,437 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 948,804,188 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,898,900 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 5,028,318 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,220,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,480,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF

158-Matagorda/Matagorda County

158-905/Palacios ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 303,523,579 0.9536 318,292,344 303,523,579
B - MULTIFAMILY 6,344,510 N/A 6,344,510 6,344,510
C1 - VACANT LOTS 56,662,859 0.9165 61,825,269 56,662,859
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,965,013 0.9873 16,170,252 15,965,013
D2 - FARM & RANCH IMP 2,824,947 N/A 2,824,947 2,824,947
E - NON-AG LAND AND IMPROVEMENTS 74,930,402 0.9692 77,311,599 74,930,402
F1 - COMMERCIAL REAL 46,032,797 0.9234 49,851,415 46,032,797
F2 - INDUSTRIAL REAL 886,678,950 N/A 886,678,950 886,678,950
G - ALL MINERALS 47,552,650 1.0052 47,306,655 47,552,650
J - ALL UTILITIES 42,303,199 0.9921 42,640,055 42,303,199
L1 - COMMERCIAL PERSONAL 11,419,813 N/A 11,419,813 11,419,813
L2 - INDUSTRIAL PERSONAL 66,279,400 N/A 66,279,400 66,279,400
M1 - MOBILE HOMES 2,155,366 N/A 2,155,366 2,155,366
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 979,990 N/A 979,990 979,990
S - SPECIAL INVENTORY 594,190 N/A 594,190 594,190
Subtotal 1,564,247,665 0 1,590,674,755 1,564,247,665
Less Total Deductions 198,162,287 0 204,330,782 198,162,287
Total Taxable Value 1,366,085,378 0 1,386,343,973 1,366,085,378

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

Measure Value Description
T1 1,422,070,681 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,366,085,378 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 1,404,877,933 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,348,892,630 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,442,995,681 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,456,945,681 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,354,722,582 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,422,070,681 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,366,085,378 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 1,404,877,933 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,348,892,630 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,442,995,681 T13 plus the loss to the chapter 313 agreement
T16 1,456,945,681 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,354,722,582 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 55,985,303 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 17,192,748 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 20,925,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 13,950,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

158-905-02/Palacios ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 445,885,809 0.8708 512,061,542 497,292,777
B - MULTIFAMILY 6,344,510 N/A 6,344,510 6,344,510
C1 - VACANT LOTS 94,984,619 0.9047 104,990,126 99,827,716
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 24,634,396 1.0615 23,207,260 23,002,021
D2 - FARM & RANCH IMP 4,561,007 N/A 4,561,007 4,561,007
E - NON-AG LAND AND IMPROVEMENTS 93,963,962 0.8652 108,606,502 106,225,305
F1 - COMMERCIAL REAL 55,594,835 0.9357 59,413,453 55,594,835
F2 - INDUSTRIAL REAL 1,559,580,150 N/A 1,559,580,150 1,559,580,150
G - ALL MINERALS 50,064,530 1.0049 49,818,535 50,064,530
J - ALL UTILITIES 66,805,349 0.9892 67,538,084 67,201,228
L1 - COMMERCIAL PERSONAL 11,895,110 N/A 11,895,110 11,895,110
L2 - INDUSTRIAL PERSONAL 83,836,390 N/A 83,836,390 83,836,390
M1 - MOBILE HOMES 3,490,226 N/A 3,490,226 3,490,226
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 979,990 N/A 979,990 979,990
S - SPECIAL INVENTORY 594,190 N/A 594,190 594,190
Subtotal 2,503,215,073 2,596,917,075 2,570,489,985
Less Total Deductions 886,320,455 904,704,665 898,536,170
Total Taxable Value 1,616,894,618 1,692,212,410 1,671,953,815

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

Measure Value Description
T1 1,743,838,018 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,671,953,815 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 1,721,616,952 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,649,732,749 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,769,983,018 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,787,413,018 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,660,824,670 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,386,540,118 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,314,655,915 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 2,364,319,052 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,292,434,849 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,412,685,118 T13 plus the loss to the chapter 313 agreement
T16 2,430,115,118 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,303,526,770 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 71,884,203 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 22,221,066 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 26,145,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 17,430,000 Loss to Second Previous Homestead Increase