taxes Property Tax Assistance

2019 ISD Summary Worksheet

182-Palo Pinto

182-906/Palo Pinto ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	440,047,529	N/A	440,047,529	440,047,529
B. MULTIFAMILY RESIDENCES	3,219,350	N/A	3,219,350	3,219,350
C1. VACANT LOTS	43,460,029	N/A	43,460,029	43,460,029
D1. QUALIFIED AG LAND	7,307,330	N/A	7,307,330	7,307,330
D2. REAL PROP:FARM & RANCH	1,279,620	N/A	1,279,620	1,279,620
E. REAL PROP NONQUAL ACREAGE	27,013,150	N/A	27,013,150	27,013,150
F1. COMMERCIAL REAL	16,834,910	N/A	16,834,910	16,834,910
G. OIL,GAS,MINERALS	2,083,410	N/A	2,083,410	2,083,410
J. UTILITIES	7,963,500	N/A	7,963,500	7,963,500
L1. COMMERCIAL PERSONAL	9,470,680	N/A	9,470,680	9,470,680
L2. INDUSTRIAL PERSONAL	1,387,650	N/A	1,387,650	1,387,650
M. MOBILE HOMES	1,314,320	N/A	1,314,320	1,314,320
O. RESIDENTIAL INVENTORY	3,673,710	N/A	3,673,710	3,673,710
Subtotal	565,055,188	0	565,055,188	565,055,188
Less Total Deductions	27,605,453	0	27,605,453	27,605,453
Total Taxable Value	537,449,735	0	537,449,735	537,449,735

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

T1	T2	T3	T4
540,234,145	537,449,735	530,804,014	528,019,604

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,784,410	9,430,131

T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
540,234,145	537,449,735	530,804,014	528,019,604

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	440,047,529	N/A	440,047,529	440,047,529
B. MULTIFAMILY RESIDENCES	3,219,350	N/A	3,219,350	3,219,350
C1. VACANT LOTS	43,460,029	N/A	43,460,029	43,460,029
D1. QUALIFIED AG LAND	7,307,330	N/A	7,307,330	7,307,330
D2. REAL PROP:FARM & RANCH	1,279,620	N/A	1,279,620	1,279,620
E. REAL PROP NONQUAL ACREAGE	27,013,150	N/A	27,013,150	27,013,150
F1. COMMERCIAL REAL	16,834,910	N/A	16,834,910	16,834,910
G. OIL,GAS,MINERALS	2,083,410	N/A	2,083,410	2,083,410
J. UTILITIES	7,963,500	N/A	7,963,500	7,963,500
L1. COMMERCIAL PERSONAL	9,470,680	N/A	9,470,680	9,470,680
L2. INDUSTRIAL PERSONAL	1,387,650	N/A	1,387,650	1,387,650
M. MOBILE HOMES	1,314,320	N/A	1,314,320	1,314,320
O. RESIDENTIAL INVENTORY	3,673,710	N/A	3,673,710	3,673,710
Subtotal	565,055,188		565,055,188	565,055,188
Less Total Deductions	27,605,453		27,605,453	27,605,453
Total Taxable Value	537,449,735		537,449,735	537,449,735

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

T1	T2	T3	T4
540,234,145	537,449,735	530,804,014	528,019,604

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,784,410	9,430,131

T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
540,234,145	537,449,735	530,804,014	528,019,604

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption