taxes Property Tax Assistance

2019 ISD Summary Worksheet

182-Palo Pinto

182-902/Graford ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	829,363,536	N/A	829,363,536	829,363,536
B. MULTIFAMILY RESIDENCES	517,550	N/A	517,550	517,550
C1. VACANT LOTS	49,237,260	N/A	49,237,260	49,237,260
D1. QUALIFIED AG LAND	8,796,970	N/A	8,796,970	8,796,970
D2. REAL PROP:FARM & RANCH	1,486,390	N/A	1,486,390	1,486,390
E. REAL PROP NONQUAL ACREAGE	39,680,374	N/A	39,680,374	39,680,374
F1. COMMERCIAL REAL	47,094,010	N/A	47,094,010	47,094,010
G. OIL,GAS,MINERALS	10,589,900	N/A	10,589,900	10,589,900
J. UTILITIES	22,605,550	N/A	22,605,550	22,605,550
L1. COMMERCIAL PERSONAL	5,149,660	N/A	5,149,660	5,149,660
L2. INDUSTRIAL PERSONAL	2,992,440	N/A	2,992,440	2,992,440
M. MOBILE HOMES	13,691,460	N/A	13,691,460	13,691,460
O. RESIDENTIAL INVENTORY	6,345,640	N/A	6,345,640	6,345,640
S. SPECIAL INVENTORY	176,100	N/A	176,100	176,100
Subtotal	1,037,726,840	0	1,037,726,840	1,037,726,840
Less Total Deductions	41,286,111	0	41,286,111	41,286,111
Total Taxable Value	996,440,729	0	996,440,729	996,440,729

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
1,001,972,917	996,440,729	1,001,972,917	996,440,729

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,532,188	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
1,001,972,917	996,440,729	1,001,972,917	996,440,729

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

182-902-02/Graford ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	829,363,536	N/A	829,363,536	829,363,536
B. MULTIFAMILY RESIDENCES	517,550	N/A	517,550	517,550
C1. VACANT LOTS	49,237,260	N/A	49,237,260	49,237,260
D1. QUALIFIED AG LAND	8,796,970	N/A	8,796,970	8,796,970
D2. REAL PROP:FARM & RANCH	1,486,390	N/A	1,486,390	1,486,390
E. REAL PROP NONQUAL ACREAGE	39,680,374	N/A	39,680,374	39,680,374
F1. COMMERCIAL REAL	47,094,010	N/A	47,094,010	47,094,010
G. OIL,GAS,MINERALS	10,589,900	N/A	10,589,900	10,589,900
J. UTILITIES	22,605,550	N/A	22,605,550	22,605,550
L1. COMMERCIAL PERSONAL	5,149,660	N/A	5,149,660	5,149,660
L2. INDUSTRIAL PERSONAL	2,992,440	N/A	2,992,440	2,992,440
M. MOBILE HOMES	13,691,460	N/A	13,691,460	13,691,460
O. RESIDENTIAL INVENTORY	6,345,640	N/A	6,345,640	6,345,640
S. SPECIAL INVENTORY	176,100	N/A	176,100	176,100
Subtotal	1,037,726,840		1,037,726,840	1,037,726,840
Less Total Deductions	41,286,111		41,286,111	41,286,111
Total Taxable Value	996,440,729		996,440,729	996,440,729

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
1,001,972,917	996,440,729	1,001,972,917	996,440,729

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,532,188	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
1,001,972,917	996,440,729	1,001,972,917	996,440,729

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