taxes Property Tax Assistance

2019 ISD Summary Worksheet

182-Palo Pinto

184-904/Millsap ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,073,040 N/A 5,073,040 5,073,040
C1. VACANT LOTS 1,322,010 N/A 1,322,010 1,322,010
D1. QUALIFIED AG LAND 3,250 N/A 3,250 3,250
E. REAL PROP NONQUAL ACREAGE 2,500 N/A 2,500 2,500
F1. COMMERCIAL REAL 5,020 N/A 5,020 5,020
J. UTILITIES 96,890 N/A 96,890 96,890
M. MOBILE HOMES 46,700 N/A 46,700 46,700
Subtotal 6,549,410 0 6,549,410 6,549,410
Less Total Deductions 1,516,170 0 1,516,170 1,516,170
Total Taxable Value 5,033,240 0 5,033,240 5,033,240

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
5,302,990 5,033,240 5,302,990 5,033,240


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
269,750 0


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
5,302,990 5,033,240 5,302,990 5,033,240

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

184-Parker

184-904/Millsap ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 179,047,927 0.9649 185,561,122 179,047,927
B. MULTIFAMILY RESIDENCES 807,880 N/A 807,880 807,880
C1. VACANT LOTS 5,966,750 N/A 5,966,750 5,966,750
D1. QUALIFIED AG LAND 4,514,294 1.3382 3,373,385 4,514,294
D2. REAL PROP:FARM & RANCH 774,640 N/A 774,640 774,640
E. REAL PROP NONQUAL ACREAGE 165,442,192 1.0459 158,181,654 165,442,192
F1. COMMERCIAL REAL 26,280,159 1.0147 25,899,437 26,280,159
F2. INDUSTRIAL REAL 5,044,170 N/A 5,044,170 5,044,170
G. OIL,GAS,MINERALS 390,330 N/A 390,330 390,330
J. UTILITIES 63,862,950 0.8913 71,651,464 63,862,950
L1. COMMERCIAL PERSONAL 8,140,900 N/A 8,140,900 8,140,900
L2. INDUSTRIAL PERSONAL 71,571,010 N/A 71,571,010 71,571,010
M. MOBILE HOMES 5,886,990 N/A 5,886,990 5,886,990
O. RESIDENTIAL INVENTORY 1,804,509 N/A 1,804,509 1,804,509
S. SPECIAL INVENTORY 9,200 N/A 9,200 9,200
Subtotal 539,543,901 0 545,063,441 539,543,901
Less Total Deductions 87,153,891 0 91,045,397 87,153,891
Total Taxable Value 452,390,010 0 454,018,044 452,390,010

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
463,280,416 452,390,010 463,280,416 452,390,010


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,890,406 0


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
463,280,416 452,390,010 463,280,416 452,390,010

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

184-904-02/Millsap ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 184,120,967 0.9658 190,634,162 184,120,967
B. MULTIFAMILY RESIDENCES 807,880 N/A 807,880 807,880
C1. VACANT LOTS 7,288,760 N/A 7,288,760 7,288,760
D1. QUALIFIED AG LAND 4,517,544 1.3379 3,376,635 4,517,544
D2. REAL PROP:FARM & RANCH 774,640 N/A 774,640 774,640
E. REAL PROP NONQUAL ACREAGE 165,444,692 1.0459 158,184,154 165,444,692
F1. COMMERCIAL REAL 26,285,179 1.0147 25,904,457 26,285,179
F2. INDUSTRIAL REAL 5,044,170 N/A 5,044,170 5,044,170
G. OIL,GAS,MINERALS 390,330 N/A 390,330 390,330
J. UTILITIES 63,959,840 0.8914 71,748,354 63,959,840
L1. COMMERCIAL PERSONAL 8,140,900 N/A 8,140,900 8,140,900
L2. INDUSTRIAL PERSONAL 71,571,010 N/A 71,571,010 71,571,010
M. MOBILE HOMES 5,933,690 N/A 5,933,690 5,933,690
O. RESIDENTIAL INVENTORY 1,804,509 N/A 1,804,509 1,804,509
S. SPECIAL INVENTORY 9,200 N/A 9,200 9,200
Subtotal 546,093,311 551,612,851 546,093,311
Less Total Deductions 88,670,061 92,561,567 88,670,061
Total Taxable Value 457,423,250 459,051,284 457,423,250

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
468,583,406 457,423,250 468,583,406 457,423,250


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,160,156 0


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
468,583,406 457,423,250 468,583,406 457,423,250

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