taxes Property Tax Assistance

2019 ISD Summary Worksheet

139-Lamar

139-909/Paris ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 466,595,242 0.9052 515,460,939 466,595,242
B. MULTIFAMILY RESIDENCES 57,191,535 0.7340 77,917,623 57,191,535
C1. VACANT LOTS 22,846,219 N/A 22,846,219 22,846,219
D1. QUALIFIED AG LAND 511,560 1.2461 410,527 511,560
D2. REAL PROP:FARM & RANCH 290,370 N/A 290,370 290,370
E. REAL PROP NONQUAL ACREAGE 12,713,310 N/A 12,713,310 12,713,310
F1. COMMERCIAL REAL 218,594,909 0.8500 257,170,481 218,594,909
F2. INDUSTRIAL REAL 30,283,470 N/A 30,283,470 30,283,470
J. UTILITIES 32,004,380 N/A 32,004,380 32,004,380
L1. COMMERCIAL PERSONAL 91,587,870 1.0173 90,030,345 91,587,870
L2. INDUSTRIAL PERSONAL 77,028,410 N/A 77,028,410 77,028,410
M. MOBILE HOMES 287,970 N/A 287,970 287,970
O. RESIDENTIAL INVENTORY 300,630 N/A 300,630 300,630
S. SPECIAL INVENTORY 13,228,550 N/A 13,228,550 13,228,550
Subtotal 1,023,464,425 0 1,129,973,224 1,023,464,425
Less Total Deductions 180,760,813 0 198,460,467 180,760,813
Total Taxable Value 842,703,612 0 931,512,757 842,703,612

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
877,463,948 842,703,612 877,463,948 842,703,612


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
34,760,336 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
877,463,948 842,703,612 877,463,948 842,703,612

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

139-909-02/Paris ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 466,595,242 0.9052 515,460,939 466,595,242
B. MULTIFAMILY RESIDENCES 57,191,535 0.7340 77,917,623 57,191,535
C1. VACANT LOTS 22,846,219 N/A 22,846,219 22,846,219
D1. QUALIFIED AG LAND 511,560 1.2461 410,527 511,560
D2. REAL PROP:FARM & RANCH 290,370 N/A 290,370 290,370
E. REAL PROP NONQUAL ACREAGE 12,713,310 N/A 12,713,310 12,713,310
F1. COMMERCIAL REAL 218,594,909 0.8500 257,170,481 218,594,909
F2. INDUSTRIAL REAL 30,283,470 N/A 30,283,470 30,283,470
J. UTILITIES 32,004,380 N/A 32,004,380 32,004,380
L1. COMMERCIAL PERSONAL 91,587,870 1.0173 90,030,345 91,587,870
L2. INDUSTRIAL PERSONAL 77,028,410 N/A 77,028,410 77,028,410
M. MOBILE HOMES 287,970 N/A 287,970 287,970
O. RESIDENTIAL INVENTORY 300,630 N/A 300,630 300,630
S. SPECIAL INVENTORY 13,228,550 N/A 13,228,550 13,228,550
Subtotal 1,023,464,425 1,129,973,224 1,023,464,425
Less Total Deductions 180,760,813 198,460,467 180,760,813
Total Taxable Value 842,703,612 931,512,757 842,703,612

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
877,463,948 842,703,612 877,463,948 842,703,612


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
34,760,336 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
877,463,948 842,703,612 877,463,948 842,703,612

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