taxes Property Tax Assistance

2020 ISD Summary Worksheet

182-Palo Pinto /Palo Pinto County

182-903/Mineral Wells ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	572,641,005	0.8470	676,081,470	572,641,005
B - MULTIFAMILY	21,205,350	N/A	21,205,350	21,205,350
C1 - VACANT LOTS	20,181,380	N/A	20,181,380	20,181,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,497,281	1.1018	4,989,349	5,497,281
D2 - FARM & RANCH IMP	2,898,260	N/A	2,898,260	2,898,260
E - NON-AG LAND AND IMPROVEMENTS	145,622,580	1.0412	139,860,334	145,622,580
F1 - COMMERCIAL REAL	160,081,848	0.8746	183,034,356	160,081,848
F2 - INDUSTRIAL REAL	24,409,217	N/A	24,409,217	24,409,217
G - ALL MINERALS	806,310	N/A	806,310	806,310
J - ALL UTILITIES	34,184,640	N/A	34,184,640	34,184,640
L1 - COMMERCIAL PERSONAL	45,636,180	N/A	45,636,180	45,636,180
L2 - INDUSTRIAL PERSONAL	99,123,990	N/A	99,123,990	99,123,990
M1 - MOBILE HOMES	12,130,870	N/A	12,130,870	12,130,870
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	144,510	N/A	144,510	144,510
S - SPECIAL INVENTORY	1,218,510	N/A	1,218,510	1,218,510
Subtotal	1,145,781,931	0	1,265,904,726	1,145,781,931
Less Total Deductions	240,959,801	0	283,173,498	240,959,801
Total Taxable Value	904,822,130	0	982,731,228	904,822,130

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
940,533,224	904,822,130	940,533,224	904,822,130

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
35,711,094	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
940,533,224	904,822,130	940,533,224	904,822,130

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

184-Parker /Parker County

182-903/Mineral Wells ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	2,463,980	N/A	2,463,980	2,463,980
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	50,880	N/A	50,880	50,880
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	34,340	N/A	34,340	34,340
D2 - FARM & RANCH IMP	34,940	N/A	34,940	34,940
E - NON-AG LAND AND IMPROVEMENTS	1,324,690	N/A	1,324,690	1,324,690
F1 - COMMERCIAL REAL	2,186,820	N/A	2,186,820	2,186,820
F2 - INDUSTRIAL REAL	709,430	N/A	709,430	709,430
G - ALL MINERALS	5,490	N/A	5,490	5,490
J - ALL UTILITIES	339,640	N/A	339,640	339,640
L1 - COMMERCIAL PERSONAL	256,260	N/A	256,260	256,260
L2 - INDUSTRIAL PERSONAL	8,091,570	N/A	8,091,570	8,091,570
M1 - MOBILE HOMES	202,070	N/A	202,070	202,070
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	15,700,110	0	15,700,110	15,700,110
Less Total Deductions	1,541,000	0	1,541,000	1,541,000
Total Taxable Value	14,159,110	0	14,159,110	14,159,110

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
14,377,460	14,159,110	14,377,460	14,159,110

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
218,350	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
14,377,460	14,159,110	14,377,460	14,159,110

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	575,104,985	0.8476	678,545,450	575,104,985
B - MULTIFAMILY	21,205,350	N/A	21,205,350	21,205,350
C1 - VACANT LOTS	20,232,260	N/A	20,232,260	20,232,260
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,531,621	1.1011	5,023,689	5,531,621
D2 - FARM & RANCH IMP	2,933,200	N/A	2,933,200	2,933,200
E - NON-AG LAND AND IMPROVEMENTS	146,947,270	1.0408	141,185,024	146,947,270
F1 - COMMERCIAL REAL	162,268,668	0.8761	185,221,176	162,268,668
F2 - INDUSTRIAL REAL	25,118,647	N/A	25,118,647	25,118,647
G - ALL MINERALS	811,800	N/A	811,800	811,800
J - ALL UTILITIES	34,524,280	N/A	34,524,280	34,524,280
L1 - COMMERCIAL PERSONAL	45,892,440	N/A	45,892,440	45,892,440
L2 - INDUSTRIAL PERSONAL	107,215,560	N/A	107,215,560	107,215,560
M1 - MOBILE HOMES	12,332,940	N/A	12,332,940	12,332,940
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	144,510	N/A	144,510	144,510
S - SPECIAL INVENTORY	1,218,510	N/A	1,218,510	1,218,510
Subtotal	1,161,482,041		1,281,604,836	1,161,482,041
Less Total Deductions	242,500,801		284,714,498	242,500,801
Total Taxable Value	918,981,240		996,890,338	918,981,240

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
954,910,684	918,981,240	954,910,684	918,981,240

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
35,929,444	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
954,910,684	918,981,240	954,910,684	918,981,240

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