taxes Property Tax Assistance

2019 ISD Summary Worksheet

182-Palo Pinto

111-902/Lipan ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	4,618,450	N/A	4,618,450	4,618,450
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	126,010	N/A	126,010	126,010
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	783,530	N/A	783,530	783,530
D2. REAL PROP:FARM & RANCH	571,790	N/A	571,790	571,790
E. REAL PROP NONQUAL ACREAGE	19,802,710	N/A	19,802,710	19,802,710
F1. COMMERCIAL REAL	620,510	N/A	620,510	620,510
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	6,190	N/A	6,190	6,190
J. UTILITIES	1,335,490	N/A	1,335,490	1,335,490
L1. COMMERCIAL PERSONAL	558,060	N/A	558,060	558,060
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	683,270	N/A	683,270	683,270
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	29,106,010	0	29,106,010	29,106,010
Less Total Deductions	4,953,878	0	4,953,878	4,953,878
Total Taxable Value	24,152,132	0	24,152,132	24,152,132

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
25,118,682	24,152,132	25,118,682	24,152,132

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
966,550	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
25,118,682	24,152,132	25,118,682	24,152,132

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

111-902-02/Lipan ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	4,618,450	N/A	4,618,450	4,618,450
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	126,010	N/A	126,010	126,010
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	783,530	N/A	783,530	783,530
D2. REAL PROP:FARM & RANCH	571,790	N/A	571,790	571,790
E. REAL PROP NONQUAL ACREAGE	19,802,710	N/A	19,802,710	19,802,710
F1. COMMERCIAL REAL	620,510	N/A	620,510	620,510
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	6,190	N/A	6,190	6,190
J. UTILITIES	1,335,490	N/A	1,335,490	1,335,490
L1. COMMERCIAL PERSONAL	558,060	N/A	558,060	558,060
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	683,270	N/A	683,270	683,270
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	29,106,010		29,106,010	29,106,010
Less Total Deductions	4,953,878		4,953,878	4,953,878
Total Taxable Value	24,152,132		24,152,132	24,152,132

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
25,118,682	24,152,132	25,118,682	24,152,132

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
966,550	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
25,118,682	24,152,132	25,118,682	24,152,132

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