taxes Property Tax Assistance

2023 ISD Summary Worksheet

249-Wise/Wise County

249-906/Paradise ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 577,594,008 1.0082 572,896,259 577,594,008
B - MULTIFAMILY 5,788,442 N/A 5,788,442 5,788,442
C1 - VACANT LOTS 14,833,544 N/A 14,833,544 14,833,544
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,068,005 2.3502 879,934 2,068,005
D2 - FARM & RANCH IMP 18,587,074 N/A 18,587,074 18,587,074
E - NON-AG LAND AND IMPROVEMENTS 322,474,166 0.9583 336,506,486 322,474,166
F1 - COMMERCIAL REAL 44,839,611 N/A 44,839,611 44,839,611
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 127,981,588 1.0006 127,904,845 127,981,588
J - ALL UTILITIES 34,376,797 N/A 34,376,797 34,376,797
L1 - COMMERCIAL PERSONAL 23,206,000 N/A 23,206,000 23,206,000
L2 - INDUSTRIAL PERSONAL 17,671,537 N/A 17,671,537 17,671,537
M1 - MOBILE HOMES 14,640,233 N/A 14,640,233 14,640,233
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,343,148 N/A 3,343,148 3,343,148
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,207,404,153 0 1,215,473,910 1,207,404,153
Less Total Deductions 356,736,483 0 354,458,693 356,736,483
Total Taxable Value 850,667,670 0 861,015,217 850,667,670

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 932,937,481 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 850,667,670 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 932,937,481 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 850,667,670 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 962,157,481 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 981,637,481 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 879,624,519 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 932,937,481 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 850,667,670 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 932,937,481 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 850,667,670 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 962,157,481 T13 plus the loss to the chapter 313 agreement
T16 981,637,481 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 879,624,519 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 82,269,811 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 29,220,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 19,480,000 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

249-906-02/Paradise ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 577,594,008 1.0082 572,896,259 577,594,008
B - MULTIFAMILY 5,788,442 N/A 5,788,442 5,788,442
C1 - VACANT LOTS 14,833,544 N/A 14,833,544 14,833,544
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,068,005 2.3502 879,934 2,068,005
D2 - FARM & RANCH IMP 18,587,074 N/A 18,587,074 18,587,074
E - NON-AG LAND AND IMPROVEMENTS 322,474,166 0.9583 336,506,486 322,474,166
F1 - COMMERCIAL REAL 44,839,611 N/A 44,839,611 44,839,611
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 127,981,588 1.0006 127,904,845 127,981,588
J - ALL UTILITIES 34,376,797 N/A 34,376,797 34,376,797
L1 - COMMERCIAL PERSONAL 23,206,000 N/A 23,206,000 23,206,000
L2 - INDUSTRIAL PERSONAL 17,671,537 N/A 17,671,537 17,671,537
M1 - MOBILE HOMES 14,640,233 N/A 14,640,233 14,640,233
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,343,148 N/A 3,343,148 3,343,148
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,207,404,153 1,215,473,910 1,207,404,153
Less Total Deductions 356,736,483 354,458,693 356,736,483
Total Taxable Value 850,667,670 861,015,217 850,667,670

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 932,937,481 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 850,667,670 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 932,937,481 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 850,667,670 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 962,157,481 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 981,637,481 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 879,624,519 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 932,937,481 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 850,667,670 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 932,937,481 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 850,667,670 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 962,157,481 T13 plus the loss to the chapter 313 agreement
T16 981,637,481 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 879,624,519 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 82,269,811 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 29,220,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 19,480,000 Loss to Second Previous Homestead Increase