taxes Property Tax Assistance

2020 ISD Summary Worksheet

249-Wise /Wise County

249-906/Paradise ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 303,340,484 N/A 303,340,484 303,340,484
B - MULTIFAMILY 2,205,280 N/A 2,205,280 2,205,280
C1 - VACANT LOTS 10,826,259 N/A 10,826,259 10,826,259
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,145,410 N/A 2,145,410 2,145,410
D2 - FARM & RANCH IMP 3,328,690 N/A 3,328,690 3,328,690
E - NON-AG LAND AND IMPROVEMENTS 168,210,637 N/A 168,210,637 168,210,637
F1 - COMMERCIAL REAL 19,348,535 N/A 19,348,535 19,348,535
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 39,580,765 N/A 39,580,765 39,580,765
J - ALL UTILITIES 29,415,542 N/A 29,415,542 29,415,542
L1 - COMMERCIAL PERSONAL 16,972,420 N/A 16,972,420 16,972,420
L2 - INDUSTRIAL PERSONAL 14,044,175 N/A 14,044,175 14,044,175
M1 - MOBILE HOMES 6,536,461 N/A 6,536,461 6,536,461
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,342,170 N/A 2,342,170 2,342,170
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 618,296,828 0 618,296,828 618,296,828
Less Total Deductions 91,530,826 0 91,530,826 91,530,826
Total Taxable Value 526,766,002 0 526,766,002 526,766,002

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
539,387,721 526,766,002 539,387,721 526,766,002


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,621,719 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
539,387,721 526,766,002 539,387,721 526,766,002

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

249-906-02/Paradise ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 303,340,484 N/A 303,340,484 303,340,484
B - MULTIFAMILY 2,205,280 N/A 2,205,280 2,205,280
C1 - VACANT LOTS 10,826,259 N/A 10,826,259 10,826,259
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,145,410 N/A 2,145,410 2,145,410
D2 - FARM & RANCH IMP 3,328,690 N/A 3,328,690 3,328,690
E - NON-AG LAND AND IMPROVEMENTS 168,210,637 N/A 168,210,637 168,210,637
F1 - COMMERCIAL REAL 19,348,535 N/A 19,348,535 19,348,535
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 39,580,765 N/A 39,580,765 39,580,765
J - ALL UTILITIES 29,415,542 N/A 29,415,542 29,415,542
L1 - COMMERCIAL PERSONAL 16,972,420 N/A 16,972,420 16,972,420
L2 - INDUSTRIAL PERSONAL 14,044,175 N/A 14,044,175 14,044,175
M1 - MOBILE HOMES 6,536,461 N/A 6,536,461 6,536,461
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,342,170 N/A 2,342,170 2,342,170
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 618,296,828 618,296,828 618,296,828
Less Total Deductions 91,530,826 91,530,826 91,530,826
Total Taxable Value 526,766,002 526,766,002 526,766,002

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
539,387,721 526,766,002 539,387,721 526,766,002


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,621,719 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
539,387,721 526,766,002 539,387,721 526,766,002

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