taxes Property Tax Assistance

2019 ISD Summary Worksheet

120-Jackson

158-905/Palacios ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 88,832,099 1.0043 88,451,756 88,832,099
C1. VACANT LOTS 30,576,120 0.8982 34,041,550 30,576,120
D1. QUALIFIED AG LAND 7,317,725 1.1299 6,476,575 7,317,725
D2. REAL PROP:FARM & RANCH 1,991,080 N/A 1,991,080 1,991,080
E. REAL PROP NONQUAL ACREAGE 10,663,480 0.7151 14,911,872 10,663,480
F1. COMMERCIAL REAL 7,704,309 N/A 7,704,309 7,704,309
F2. INDUSTRIAL REAL 134,005,000 N/A 134,005,000 134,005,000
G. OIL,GAS,MINERALS 2,176,660 N/A 2,176,660 2,176,660
J. UTILITIES 14,253,480 0.9878 14,429,520 14,253,480
L1. COMMERCIAL PERSONAL 184,066 N/A 184,066 184,066
L2. INDUSTRIAL PERSONAL 3,681,230 N/A 3,681,230 3,681,230
M. MOBILE HOMES 944,410 N/A 944,410 944,410
Subtotal 302,329,659 0 308,998,028 302,329,659
Less Total Deductions 122,503,167 0 122,405,508 122,503,167
Total Taxable Value 179,826,492 0 186,592,520 179,826,492

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
182,288,217 179,826,492 178,420,345 175,958,620


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,461,725 3,867,872


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
285,890,317 283,428,592 282,022,445 279,560,720

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

158-905-02/Palacios ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 88,832,099 1.0043 88,451,756 88,832,099
C1. VACANT LOTS 30,576,120 0.8982 34,041,550 30,576,120
D1. QUALIFIED AG LAND 7,317,725 1.1299 6,476,575 7,317,725
D2. REAL PROP:FARM & RANCH 1,991,080 N/A 1,991,080 1,991,080
E. REAL PROP NONQUAL ACREAGE 10,663,480 0.7151 14,911,872 10,663,480
F1. COMMERCIAL REAL 7,704,309 N/A 7,704,309 7,704,309
F2. INDUSTRIAL REAL 134,005,000 N/A 134,005,000 134,005,000
G. OIL,GAS,MINERALS 2,176,660 N/A 2,176,660 2,176,660
J. UTILITIES 14,253,480 0.9878 14,429,520 14,253,480
L1. COMMERCIAL PERSONAL 184,066 N/A 184,066 184,066
L2. INDUSTRIAL PERSONAL 3,681,230 N/A 3,681,230 3,681,230
M. MOBILE HOMES 944,410 N/A 944,410 944,410
Subtotal 302,329,659 308,998,028 302,329,659
Less Total Deductions 122,503,167 122,405,508 122,503,167
Total Taxable Value 179,826,492 186,592,520 179,826,492

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
182,288,217 179,826,492 178,420,345 175,958,620


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,461,725 3,867,872


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
285,890,317 283,428,592 282,022,445 279,560,720

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