taxes Property Tax Assistance

2019 ISD Summary Worksheet

182-Palo Pinto

182-903/Mineral Wells ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 487,357,190 N/A 487,357,190 487,357,190
B. MULTIFAMILY RESIDENCES 15,893,337 N/A 15,893,337 15,893,337
C1. VACANT LOTS 17,979,460 N/A 17,979,460 17,979,460
D1. QUALIFIED AG LAND 5,247,450 N/A 5,247,450 5,247,450
D2. REAL PROP:FARM & RANCH 3,289,070 N/A 3,289,070 3,289,070
E. REAL PROP NONQUAL ACREAGE 132,203,400 N/A 132,203,400 132,203,400
F1. COMMERCIAL REAL 148,243,735 N/A 148,243,735 148,243,735
F2. INDUSTRIAL REAL 22,198,144 N/A 22,198,144 22,198,144
G. OIL,GAS,MINERALS 1,250,990 N/A 1,250,990 1,250,990
J. UTILITIES 29,556,240 N/A 29,556,240 29,556,240
L1. COMMERCIAL PERSONAL 44,227,440 N/A 44,227,440 44,227,440
L2. INDUSTRIAL PERSONAL 106,922,190 N/A 106,922,190 106,922,190
M. MOBILE HOMES 10,064,060 N/A 10,064,060 10,064,060
O. RESIDENTIAL INVENTORY 249,710 N/A 249,710 249,710
S. SPECIAL INVENTORY 20,000 N/A 20,000 20,000
Subtotal 1,024,702,416 0 1,024,702,416 1,024,702,416
Less Total Deductions 182,855,705 0 182,855,705 182,855,705
Total Taxable Value 841,846,711 0 841,846,711 841,846,711

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
877,175,432 841,846,711 877,175,432 841,846,711


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
35,328,721 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
877,175,432 841,846,711 877,175,432 841,846,711

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

182-903-02/Mineral Wells ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 487,357,190 N/A 487,357,190 487,357,190
B. MULTIFAMILY RESIDENCES 15,893,337 N/A 15,893,337 15,893,337
C1. VACANT LOTS 17,979,460 N/A 17,979,460 17,979,460
D1. QUALIFIED AG LAND 5,247,450 N/A 5,247,450 5,247,450
D2. REAL PROP:FARM & RANCH 3,289,070 N/A 3,289,070 3,289,070
E. REAL PROP NONQUAL ACREAGE 132,203,400 N/A 132,203,400 132,203,400
F1. COMMERCIAL REAL 148,243,735 N/A 148,243,735 148,243,735
F2. INDUSTRIAL REAL 22,198,144 N/A 22,198,144 22,198,144
G. OIL,GAS,MINERALS 1,250,990 N/A 1,250,990 1,250,990
J. UTILITIES 29,556,240 N/A 29,556,240 29,556,240
L1. COMMERCIAL PERSONAL 44,227,440 N/A 44,227,440 44,227,440
L2. INDUSTRIAL PERSONAL 106,922,190 N/A 106,922,190 106,922,190
M. MOBILE HOMES 10,064,060 N/A 10,064,060 10,064,060
O. RESIDENTIAL INVENTORY 249,710 N/A 249,710 249,710
S. SPECIAL INVENTORY 20,000 N/A 20,000 20,000
Subtotal 1,024,702,416 1,024,702,416 1,024,702,416
Less Total Deductions 182,855,705 182,855,705 182,855,705
Total Taxable Value 841,846,711 841,846,711 841,846,711

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
877,175,432 841,846,711 877,175,432 841,846,711


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
35,328,721 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
877,175,432 841,846,711 877,175,432 841,846,711

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