taxes Property Tax Assistance

2020 ISD Summary Worksheet

182-Palo Pinto /Palo Pinto County

182-905/Strawn ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,861,250	1.0436	17,115,034	17,861,250
B - MULTIFAMILY	185,850	N/A	185,850	185,850
C1 - VACANT LOTS	869,370	N/A	869,370	869,370
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,301,990	1.1266	4,706,148	5,301,990
D2 - FARM & RANCH IMP	695,650	N/A	695,650	695,650
E - NON-AG LAND AND IMPROVEMENTS	14,112,080	0.9071	15,557,359	14,112,080
F1 - COMMERCIAL REAL	4,832,080	0.9391	5,145,437	4,832,080
F2 - INDUSTRIAL REAL	981,260	N/A	981,260	981,260
G - ALL MINERALS	5,799,870	0.9969	5,817,906	5,799,870
J - ALL UTILITIES	12,303,360	0.7992	15,394,595	12,303,360
L1 - COMMERCIAL PERSONAL	1,243,260	N/A	1,243,260	1,243,260
L2 - INDUSTRIAL PERSONAL	3,554,610	N/A	3,554,610	3,554,610
M1 - MOBILE HOMES	603,700	N/A	603,700	603,700
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	68,344,330	0	71,870,179	68,344,330
Less Total Deductions	7,734,942	0	7,404,775	7,734,942
Total Taxable Value	60,609,388	0	64,465,404	60,609,388

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
62,153,867	60,609,388	62,153,867	60,609,388

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,544,479	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
62,153,867	60,609,388	62,153,867	60,609,388

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

182-905-02/Strawn ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,861,250	1.0436	17,115,034	17,861,250
B - MULTIFAMILY	185,850	N/A	185,850	185,850
C1 - VACANT LOTS	869,370	N/A	869,370	869,370
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,301,990	1.1266	4,706,148	5,301,990
D2 - FARM & RANCH IMP	695,650	N/A	695,650	695,650
E - NON-AG LAND AND IMPROVEMENTS	14,112,080	0.9071	15,557,359	14,112,080
F1 - COMMERCIAL REAL	4,832,080	0.9391	5,145,437	4,832,080
F2 - INDUSTRIAL REAL	981,260	N/A	981,260	981,260
G - ALL MINERALS	5,799,870	0.9969	5,817,906	5,799,870
J - ALL UTILITIES	12,303,360	0.7992	15,394,595	12,303,360
L1 - COMMERCIAL PERSONAL	1,243,260	N/A	1,243,260	1,243,260
L2 - INDUSTRIAL PERSONAL	3,554,610	N/A	3,554,610	3,554,610
M1 - MOBILE HOMES	603,700	N/A	603,700	603,700
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	68,344,330		71,870,179	68,344,330
Less Total Deductions	7,734,942		7,404,775	7,734,942
Total Taxable Value	60,609,388		64,465,404	60,609,388

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
62,153,867	60,609,388	62,153,867	60,609,388

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,544,479	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
62,153,867	60,609,388	62,153,867	60,609,388

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