taxes Property Tax Assistance

2020 ISD Summary Worksheet

182-Palo Pinto /Palo Pinto County

184-904/Millsap ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,666,310 N/A 5,666,310 5,666,310
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,249,220 N/A 1,249,220 1,249,220
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,240 N/A 3,240 3,240
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 2,500 N/A 2,500 2,500
F1 - COMMERCIAL REAL 5,020 N/A 5,020 5,020
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 109,010 N/A 109,010 109,010
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 53,760 N/A 53,760 53,760
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 7,089,060 0 7,089,060 7,089,060
Less Total Deductions 1,721,570 0 1,721,570 1,721,570
Total Taxable Value 5,367,490 0 5,367,490 5,367,490

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
5,640,920 5,367,490 5,640,920 5,367,490


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
273,430 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
5,640,920 5,367,490 5,640,920 5,367,490

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

184-Parker /Parker County

184-904/Millsap ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 193,514,455 N/A 193,514,455 193,514,455
B - MULTIFAMILY 807,880 N/A 807,880 807,880
C1 - VACANT LOTS 5,628,985 N/A 5,628,985 5,628,985
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,532,254 N/A 4,532,254 4,532,254
D2 - FARM & RANCH IMP 834,870 N/A 834,870 834,870
E - NON-AG LAND AND IMPROVEMENTS 169,798,402 N/A 169,798,402 169,798,402
F1 - COMMERCIAL REAL 25,925,070 N/A 25,925,070 25,925,070
F2 - INDUSTRIAL REAL 5,044,170 N/A 5,044,170 5,044,170
G - ALL MINERALS 288,780 N/A 288,780 288,780
J - ALL UTILITIES 68,236,170 N/A 68,236,170 68,236,170
L1 - COMMERCIAL PERSONAL 4,956,660 N/A 4,956,660 4,956,660
L2 - INDUSTRIAL PERSONAL 42,778,040 N/A 42,778,040 42,778,040
M1 - MOBILE HOMES 5,766,500 N/A 5,766,500 5,766,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,273,739 N/A 4,273,739 4,273,739
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 532,385,975 0 532,385,975 532,385,975
Less Total Deductions 79,495,763 0 79,495,763 79,495,763
Total Taxable Value 452,890,212 0 452,890,212 452,890,212

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
464,075,105 452,890,212 464,075,105 452,890,212


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,184,893 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
464,075,105 452,890,212 464,075,105 452,890,212

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

184-904-02/Millsap ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 199,180,765 N/A 199,180,765 199,180,765
B - MULTIFAMILY 807,880 N/A 807,880 807,880
C1 - VACANT LOTS 6,878,205 N/A 6,878,205 6,878,205
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,535,494 N/A 4,535,494 4,535,494
D2 - FARM & RANCH IMP 834,870 N/A 834,870 834,870
E - NON-AG LAND AND IMPROVEMENTS 169,800,902 N/A 169,800,902 169,800,902
F1 - COMMERCIAL REAL 25,930,090 N/A 25,930,090 25,930,090
F2 - INDUSTRIAL REAL 5,044,170 N/A 5,044,170 5,044,170
G - ALL MINERALS 288,780 N/A 288,780 288,780
J - ALL UTILITIES 68,345,180 N/A 68,345,180 68,345,180
L1 - COMMERCIAL PERSONAL 4,956,660 N/A 4,956,660 4,956,660
L2 - INDUSTRIAL PERSONAL 42,778,040 N/A 42,778,040 42,778,040
M1 - MOBILE HOMES 5,820,260 N/A 5,820,260 5,820,260
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,273,739 N/A 4,273,739 4,273,739
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 539,475,035 539,475,035 539,475,035
Less Total Deductions 81,217,333 81,217,333 81,217,333
Total Taxable Value 458,257,702 458,257,702 458,257,702

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
469,716,025 458,257,702 469,716,025 458,257,702


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,458,323 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
469,716,025 458,257,702 469,716,025 458,257,702

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