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