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