taxes Property Tax Assistance

2020 ISD Summary Worksheet

001-Anderson

001-907/Palestine ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	454,233,569	N/A	454,233,569	454,233,569
B - MULTIFAMILY	28,579,970	N/A	28,579,970	28,579,970
C1 - VACANT LOTS	9,193,605	N/A	9,193,605	9,193,605
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,109,455	N/A	11,109,455	11,109,455
D2 - FARM & RANCH IMP	1,563,358	N/A	1,563,358	1,563,358
E - NON-AG LAND AND IMPROVEMENTS	274,046,506	N/A	274,046,506	274,046,506
F1 - COMMERCIAL REAL	271,924,423	N/A	271,924,423	271,924,423
F2 - INDUSTRIAL REAL	40,651,494	N/A	40,651,494	40,651,494
G - ALL MINERALS	1,325,362	N/A	1,325,362	1,325,362
J - ALL UTILITIES	63,033,876	N/A	63,033,876	63,033,876
L1 - COMMERCIAL PERSONAL	82,194,071	N/A	82,194,071	82,194,071
L2 - INDUSTRIAL PERSONAL	71,488,165	N/A	71,488,165	71,488,165
M1 - MOBILE HOMES	14,383,789	N/A	14,383,789	14,383,789
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	219,041	N/A	219,041	219,041
S - SPECIAL INVENTORY	9,713,477	N/A	9,713,477	9,713,477
Subtotal	1,333,660,161	0	1,333,660,161	1,333,660,161
Less Total Deductions	185,941,843	0	185,941,843	185,941,843
Total Taxable Value	1,147,718,318	0	1,147,718,318	1,147,718,318

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
1,188,566,317	1,147,718,318	1,188,566,317	1,147,718,318

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
40,847,999	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
1,188,566,317	1,147,718,318	1,188,566,317	1,147,718,318

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

001-907-02/Palestine ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	454,233,569	N/A	454,233,569	454,233,569
B - MULTIFAMILY	28,579,970	N/A	28,579,970	28,579,970
C1 - VACANT LOTS	9,193,605	N/A	9,193,605	9,193,605
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,109,455	N/A	11,109,455	11,109,455
D2 - FARM & RANCH IMP	1,563,358	N/A	1,563,358	1,563,358
E - NON-AG LAND AND IMPROVEMENTS	274,046,506	N/A	274,046,506	274,046,506
F1 - COMMERCIAL REAL	271,924,423	N/A	271,924,423	271,924,423
F2 - INDUSTRIAL REAL	40,651,494	N/A	40,651,494	40,651,494
G - ALL MINERALS	1,325,362	N/A	1,325,362	1,325,362
J - ALL UTILITIES	63,033,876	N/A	63,033,876	63,033,876
L1 - COMMERCIAL PERSONAL	82,194,071	N/A	82,194,071	82,194,071
L2 - INDUSTRIAL PERSONAL	71,488,165	N/A	71,488,165	71,488,165
M1 - MOBILE HOMES	14,383,789	N/A	14,383,789	14,383,789
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	219,041	N/A	219,041	219,041
S - SPECIAL INVENTORY	9,713,477	N/A	9,713,477	9,713,477
Subtotal	1,333,660,161		1,333,660,161	1,333,660,161
Less Total Deductions	185,941,843		185,941,843	185,941,843
Total Taxable Value	1,147,718,318		1,147,718,318	1,147,718,318

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
1,188,566,317	1,147,718,318	1,188,566,317	1,147,718,318

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
40,847,999	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
1,188,566,317	1,147,718,318	1,188,566,317	1,147,718,318

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