taxes Property Tax Assistance

2019 ISD Summary Worksheet

182-Palo Pinto

119-903/Perrin-Whitt CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	417,890	N/A	417,890	417,890
C1. VACANT LOTS	49,160	N/A	49,160	49,160
D1. QUALIFIED AG LAND	940,800	N/A	940,800	940,800
D2. REAL PROP:FARM & RANCH	899,420	N/A	899,420	899,420
E. REAL PROP NONQUAL ACREAGE	11,247,600	N/A	11,247,600	11,247,600
F1. COMMERCIAL REAL	147,190	N/A	147,190	147,190
G. OIL,GAS,MINERALS	2,443,170	N/A	2,443,170	2,443,170
J. UTILITIES	1,308,930	N/A	1,308,930	1,308,930
L1. COMMERCIAL PERSONAL	115,390	N/A	115,390	115,390
L2. INDUSTRIAL PERSONAL	1,135,870	N/A	1,135,870	1,135,870
M. MOBILE HOMES	230,540	N/A	230,540	230,540
S. SPECIAL INVENTORY	1,940	N/A	1,940	1,940
Subtotal	18,937,900	0	18,937,900	18,937,900
Less Total Deductions	2,592,263	0	2,592,263	2,592,263
Total Taxable Value	16,345,637	0	16,345,637	16,345,637

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
16,819,898	16,345,637	16,819,898	16,345,637

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
474,261	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
16,819,898	16,345,637	16,819,898	16,345,637

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

119-903-02/Perrin-Whitt CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	417,890	N/A	417,890	417,890
C1. VACANT LOTS	49,160	N/A	49,160	49,160
D1. QUALIFIED AG LAND	940,800	N/A	940,800	940,800
D2. REAL PROP:FARM & RANCH	899,420	N/A	899,420	899,420
E. REAL PROP NONQUAL ACREAGE	11,247,600	N/A	11,247,600	11,247,600
F1. COMMERCIAL REAL	147,190	N/A	147,190	147,190
G. OIL,GAS,MINERALS	2,443,170	N/A	2,443,170	2,443,170
J. UTILITIES	1,308,930	N/A	1,308,930	1,308,930
L1. COMMERCIAL PERSONAL	115,390	N/A	115,390	115,390
L2. INDUSTRIAL PERSONAL	1,135,870	N/A	1,135,870	1,135,870
M. MOBILE HOMES	230,540	N/A	230,540	230,540
S. SPECIAL INVENTORY	1,940	N/A	1,940	1,940
Subtotal	18,937,900		18,937,900	18,937,900
Less Total Deductions	2,592,263		2,592,263	2,592,263
Total Taxable Value	16,345,637		16,345,637	16,345,637

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
16,819,898	16,345,637	16,819,898	16,345,637

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
474,261	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
16,819,898	16,345,637	16,819,898	16,345,637

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