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	14,378,150	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	1,169,840,509	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	1,079,261,936	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	21,697,974	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		1,645,960,554	1,605,960,243
Less Total Deductions	367,789,166		371,702,535	367,789,166
Total Taxable Value	1,238,171,077		1,274,258,019	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