taxes Property Tax Assistance

2020 ISD Summary Worksheet

120-Jackson /Jackson County

158-905/Palacios ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 99,343,359 N/A 99,343,359 99,343,359
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 32,710,720 N/A 32,710,720 32,710,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,319,824 N/A 7,319,824 7,319,824
D2 - FARM & RANCH IMP 1,859,221 N/A 1,859,221 1,859,221
E - NON-AG LAND AND IMPROVEMENTS 16,035,349 N/A 16,035,349 16,035,349
F1 - COMMERCIAL REAL 8,814,920 N/A 8,814,920 8,814,920
F2 - INDUSTRIAL REAL 288,011,000 N/A 288,011,000 288,011,000
G - ALL MINERALS 1,863,080 N/A 1,863,080 1,863,080
J - ALL UTILITIES 14,232,040 N/A 14,232,040 14,232,040
L1 - COMMERCIAL PERSONAL 144,722 N/A 144,722 144,722
L2 - INDUSTRIAL PERSONAL 4,999,290 N/A 4,999,290 4,999,290
M1 - MOBILE HOMES 786,520 N/A 786,520 786,520
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 476,120,045 0 476,120,045 476,120,045
Less Total Deductions 281,123,962 0 281,123,962 281,123,962
Total Taxable Value 194,996,083 0 194,996,083 194,996,083

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
197,666,728 194,996,083 193,290,917 190,620,272


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,670,645 4,375,811


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
455,323,928 452,653,283 450,948,117 448,277,472

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

158-Matagorda /Matagorda County

158-905/Palacios ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 205,697,663 0.9463 217,370,457 205,697,663
B - MULTIFAMILY 4,258,160 N/A 4,258,160 4,258,160
C1 - VACANT LOTS 46,102,632 0.8637 53,378,062 46,102,632
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,585,288 1.1535 14,377,786 16,585,288
D2 - FARM & RANCH IMP 2,943,340 N/A 2,943,340 2,943,340
E - NON-AG LAND AND IMPROVEMENTS 52,970,962 0.9412 56,280,240 52,970,962
F1 - COMMERCIAL REAL 35,694,124 0.7693 46,398,185 35,694,124
F2 - INDUSTRIAL REAL 635,360,240 N/A 635,360,240 635,360,240
G - ALL MINERALS 8,421,590 N/A 8,421,590 8,421,590
J - ALL UTILITIES 36,435,369 0.7976 45,681,255 36,435,369
L1 - COMMERCIAL PERSONAL 12,348,260 N/A 12,348,260 12,348,260
L2 - INDUSTRIAL PERSONAL 68,643,050 N/A 68,643,050 68,643,050
M1 - MOBILE HOMES 2,399,450 N/A 2,399,450 2,399,450
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,502,870 N/A 1,502,870 1,502,870
S - SPECIAL INVENTORY 477,200 N/A 477,200 477,200
Subtotal 1,129,840,198 0 1,169,840,145 1,129,840,198
Less Total Deductions 86,665,204 0 90,578,573 86,665,204
Total Taxable Value 1,043,174,994 0 1,079,261,572 1,043,174,994

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
1,054,537,591 1,043,174,994 1,039,742,715 1,028,380,118


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,362,597 14,794,876


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
1,054,537,591 1,043,174,994 1,039,742,715 1,028,380,118

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

158-905-02/Palacios ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 305,041,022 0.9631 316,713,816 305,041,022
B - MULTIFAMILY 4,258,160 N/A 4,258,160 4,258,160
C1 - VACANT LOTS 78,813,352 0.9155 86,088,782 78,813,352
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 23,905,112 1.1017 21,697,610 23,905,112
D2 - FARM & RANCH IMP 4,802,561 N/A 4,802,561 4,802,561
E - NON-AG LAND AND IMPROVEMENTS 69,006,311 0.9542 72,315,589 69,006,311
F1 - COMMERCIAL REAL 44,509,044 0.8061 55,213,105 44,509,044
F2 - INDUSTRIAL REAL 923,371,240 N/A 923,371,240 923,371,240
G - ALL MINERALS 10,284,670 N/A 10,284,670 10,284,670
J - ALL UTILITIES 50,667,409 0.8457 59,913,295 50,667,409
L1 - COMMERCIAL PERSONAL 12,492,982 N/A 12,492,982 12,492,982
L2 - INDUSTRIAL PERSONAL 73,642,340 N/A 73,642,340 73,642,340
M1 - MOBILE HOMES 3,185,970 N/A 3,185,970 3,185,970
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,502,870 N/A 1,502,870 1,502,870
S - SPECIAL INVENTORY 477,200 N/A 477,200 477,200
Subtotal 1,605,960,243 1,645,960,190 1,605,960,243
Less Total Deductions 367,789,166 371,702,535 367,789,166
Total Taxable Value 1,238,171,077 1,274,257,655 1,238,171,077

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
1,252,204,319 1,238,171,077 1,233,033,632 1,219,000,390


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,033,242 19,170,687


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
1,509,861,519 1,495,828,277 1,490,690,832 1,476,657,590

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