taxes Property Tax Assistance

2023 ISD Summary Worksheet

182-Palo Pinto/Palo Pinto County

184-904/Millsap ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 9,040,650 N/A 9,040,650 9,040,650
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,387,050 N/A 1,387,050 1,387,050
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,320 N/A 3,320 3,320
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 270,700 N/A 270,700 270,700
F1 - COMMERCIAL REAL 12,600 N/A 12,600 12,600
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 95,465 N/A 95,465 95,465
L1 - COMMERCIAL PERSONAL 4,500 N/A 4,500 4,500
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 252,230 N/A 252,230 252,230
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 11,066,515 0 11,066,515 11,066,515
Less Total Deductions 3,015,720 0 3,015,720 3,015,720
Total Taxable Value 8,050,795 0 8,050,795 8,050,795

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 8,974,165 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,050,795 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 8,974,165 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,050,795 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,439,165 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 9,749,165 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 8,050,795 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 8,974,165 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,050,795 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 8,974,165 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,050,795 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,439,165 T13 plus the loss to the chapter 313 agreement
T16 9,749,165 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 8,050,795 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 923,370 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 465,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 310,000 Loss to Second Previous Homestead Increase

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

184-Parker/Parker County

184-904/Millsap ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 445,151,170 1.0133 439,308,369 445,151,170
B - MULTIFAMILY 1,308,210 N/A 1,308,210 1,308,210
C1 - VACANT LOTS 12,191,597 N/A 12,191,597 12,191,597
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,170,978 1.1338 3,678,722 4,170,978
D2 - FARM & RANCH IMP 2,013,700 N/A 2,013,700 2,013,700
E - NON-AG LAND AND IMPROVEMENTS 279,272,628 0.9675 288,653,879 279,272,628
F1 - COMMERCIAL REAL 51,406,966 1.0862 47,327,349 51,406,966
F2 - INDUSTRIAL REAL 5,184,840 N/A 5,184,840 5,184,840
G - ALL MINERALS 379,170 N/A 379,170 379,170
J - ALL UTILITIES 82,152,310 0.9588 85,682,426 82,152,310
L1 - COMMERCIAL PERSONAL 8,972,100 N/A 8,972,100 8,972,100
L2 - INDUSTRIAL PERSONAL 42,268,410 N/A 42,268,410 42,268,410
M1 - MOBILE HOMES 15,652,190 N/A 15,652,190 15,652,190
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 17,076,085 N/A 17,076,085 17,076,085
S - SPECIAL INVENTORY 58,510 N/A 58,510 58,510
Subtotal 967,258,864 0 969,755,557 967,258,864
Less Total Deductions 297,089,918 0 293,882,428 297,089,918
Total Taxable Value 670,168,946 0 675,873,129 670,168,946

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 744,272,324 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 670,168,946 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 744,272,324 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 670,168,946 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 766,397,324 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 781,147,324 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 697,656,867 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 744,272,324 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 670,168,946 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 744,272,324 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 670,168,946 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 766,397,324 T13 plus the loss to the chapter 313 agreement
T16 781,147,324 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 697,656,867 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 74,103,378 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 22,125,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 14,750,000 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

184-904-02/Millsap ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 454,191,820 1.0130 448,349,019 454,191,820
B - MULTIFAMILY 1,308,210 N/A 1,308,210 1,308,210
C1 - VACANT LOTS 13,578,647 N/A 13,578,647 13,578,647
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,174,298 1.1337 3,682,042 4,174,298
D2 - FARM & RANCH IMP 2,013,700 N/A 2,013,700 2,013,700
E - NON-AG LAND AND IMPROVEMENTS 279,543,328 0.9675 288,924,579 279,543,328
F1 - COMMERCIAL REAL 51,419,566 1.0862 47,339,949 51,419,566
F2 - INDUSTRIAL REAL 5,184,840 N/A 5,184,840 5,184,840
G - ALL MINERALS 379,170 N/A 379,170 379,170
J - ALL UTILITIES 82,247,775 0.9588 85,777,891 82,247,775
L1 - COMMERCIAL PERSONAL 8,976,600 N/A 8,976,600 8,976,600
L2 - INDUSTRIAL PERSONAL 42,268,410 N/A 42,268,410 42,268,410
M1 - MOBILE HOMES 15,904,420 N/A 15,904,420 15,904,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 17,076,085 N/A 17,076,085 17,076,085
S - SPECIAL INVENTORY 58,510 N/A 58,510 58,510
Subtotal 978,325,379 980,822,072 978,325,379
Less Total Deductions 300,105,638 296,898,148 300,105,638
Total Taxable Value 678,219,741 683,923,924 678,219,741

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 753,246,489 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 678,219,741 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 753,246,489 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 678,219,741 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 775,836,489 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 790,896,489 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 705,707,662 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 753,246,489 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 678,219,741 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 753,246,489 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 678,219,741 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 775,836,489 T13 plus the loss to the chapter 313 agreement
T16 790,896,489 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 705,707,662 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 75,026,748 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 22,590,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,060,000 Loss to Second Previous Homestead Increase