taxes Property Tax Assistance

2023 ISD Summary Worksheet

182-Palo Pinto/Palo Pinto County

182-906/Palo Pinto ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 782,618,029 N/A 782,618,029 782,618,029
B - MULTIFAMILY 2,789,050 N/A 2,789,050 2,789,050
C1 - VACANT LOTS 74,481,748 N/A 74,481,748 74,481,748
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,440,270 N/A 7,440,270 7,440,270
D2 - FARM & RANCH IMP 1,536,030 N/A 1,536,030 1,536,030
E - NON-AG LAND AND IMPROVEMENTS 68,745,092 N/A 68,745,092 68,745,092
F1 - COMMERCIAL REAL 18,839,990 N/A 18,839,990 18,839,990
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 4,624,144 N/A 4,624,144 4,624,144
J - ALL UTILITIES 7,868,776 N/A 7,868,776 7,868,776
L1 - COMMERCIAL PERSONAL 2,294,210 N/A 2,294,210 2,294,210
L2 - INDUSTRIAL PERSONAL 5,918,446 N/A 5,918,446 5,918,446
M1 - MOBILE HOMES 2,806,990 N/A 2,806,990 2,806,990
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,793,760 N/A 5,793,760 5,793,760
S - SPECIAL INVENTORY 679,680 N/A 679,680 679,680
Subtotal 986,436,215 0 986,436,215 986,436,215
Less Total Deductions 62,034,925 0 62,034,925 62,034,925
Total Taxable Value 924,401,290 0 924,401,290 924,401,290

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 940,967,092 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 924,401,290 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 925,969,811 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 909,404,009 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 946,352,092 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 949,942,092 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 924,401,290 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 940,967,092 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 924,401,290 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 925,969,811 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 909,404,009 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 946,352,092 T13 plus the loss to the chapter 313 agreement
T16 949,942,092 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 924,401,290 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 16,565,802 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 14,997,281 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,385,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,590,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

182-906-02/Palo Pinto ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 782,618,029 N/A 782,618,029 782,618,029
B - MULTIFAMILY 2,789,050 N/A 2,789,050 2,789,050
C1 - VACANT LOTS 74,481,748 N/A 74,481,748 74,481,748
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,440,270 N/A 7,440,270 7,440,270
D2 - FARM & RANCH IMP 1,536,030 N/A 1,536,030 1,536,030
E - NON-AG LAND AND IMPROVEMENTS 68,745,092 N/A 68,745,092 68,745,092
F1 - COMMERCIAL REAL 18,839,990 N/A 18,839,990 18,839,990
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 4,624,144 N/A 4,624,144 4,624,144
J - ALL UTILITIES 7,868,776 N/A 7,868,776 7,868,776
L1 - COMMERCIAL PERSONAL 2,294,210 N/A 2,294,210 2,294,210
L2 - INDUSTRIAL PERSONAL 5,918,446 N/A 5,918,446 5,918,446
M1 - MOBILE HOMES 2,806,990 N/A 2,806,990 2,806,990
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,793,760 N/A 5,793,760 5,793,760
S - SPECIAL INVENTORY 679,680 N/A 679,680 679,680
Subtotal 986,436,215 986,436,215 986,436,215
Less Total Deductions 62,034,925 62,034,925 62,034,925
Total Taxable Value 924,401,290 924,401,290 924,401,290

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 940,967,092 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 924,401,290 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 925,969,811 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 909,404,009 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 946,352,092 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 949,942,092 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 924,401,290 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 940,967,092 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 924,401,290 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 925,969,811 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 909,404,009 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 946,352,092 T13 plus the loss to the chapter 313 agreement
T16 949,942,092 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 924,401,290 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 16,565,802 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 14,997,281 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,385,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,590,000 Loss to Second Previous Homestead Increase