taxes Property Tax Assistance

2020 ISD Summary Worksheet

182-Palo Pinto

182-903/Mineral Wells ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 572,641,005 0.8470 676,081,470 572,641,005
B - MULTIFAMILY 21,205,350 N/A 21,205,350 21,205,350
C1 - VACANT LOTS 20,181,380 N/A 20,181,380 20,181,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,497,281 1.1018 4,989,349 5,497,281
D2 - FARM & RANCH IMP 2,898,260 N/A 2,898,260 2,898,260
E - NON-AG LAND AND IMPROVEMENTS 145,622,580 1.0412 139,860,334 145,622,580
F1 - COMMERCIAL REAL 160,081,848 0.8746 183,034,356 160,081,848
F2 - INDUSTRIAL REAL 24,409,217 N/A 24,409,217 24,409,217
G - ALL MINERALS 806,310 N/A 806,310 806,310
J - ALL UTILITIES 34,184,640 N/A 34,184,640 34,184,640
L1 - COMMERCIAL PERSONAL 45,636,180 N/A 45,636,180 45,636,180
L2 - INDUSTRIAL PERSONAL 99,123,990 N/A 99,123,990 99,123,990
M1 - MOBILE HOMES 12,130,870 N/A 12,130,870 12,130,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 144,510 N/A 144,510 144,510
S - SPECIAL INVENTORY 1,218,510 N/A 1,218,510 1,218,510
Subtotal 1,145,781,931 0 1,265,904,726 1,145,781,931
Less Total Deductions 240,959,801 0 283,173,498 240,959,801
Total Taxable Value 904,822,130 0 982,731,228 904,822,130

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
940,533,224 904,822,130 940,533,224 904,822,130


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
35,711,094 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
940,533,224 904,822,130 940,533,224 904,822,130

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

184-Parker

182-903/Mineral Wells ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,463,980 N/A 2,463,980 2,463,980
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 50,880 N/A 50,880 50,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 34,340 N/A 34,340 34,340
D2 - FARM & RANCH IMP 34,940 N/A 34,940 34,940
E - NON-AG LAND AND IMPROVEMENTS 1,324,690 N/A 1,324,690 1,324,690
F1 - COMMERCIAL REAL 2,186,820 N/A 2,186,820 2,186,820
F2 - INDUSTRIAL REAL 709,430 N/A 709,430 709,430
G - ALL MINERALS 5,490 N/A 5,490 5,490
J - ALL UTILITIES 339,640 N/A 339,640 339,640
L1 - COMMERCIAL PERSONAL 256,260 N/A 256,260 256,260
L2 - INDUSTRIAL PERSONAL 8,091,570 N/A 8,091,570 8,091,570
M1 - MOBILE HOMES 202,070 N/A 202,070 202,070
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 15,700,110 0 15,700,110 15,700,110
Less Total Deductions 1,541,000 0 1,541,000 1,541,000
Total Taxable Value 14,159,110 0 14,159,110 14,159,110

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
14,377,460 14,159,110 14,377,460 14,159,110


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
218,350 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
14,377,460 14,159,110 14,377,460 14,159,110

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

182-903-02/Mineral Wells ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 575,104,985 0.8476 678,545,450 575,104,985
B - MULTIFAMILY 21,205,350 N/A 21,205,350 21,205,350
C1 - VACANT LOTS 20,232,260 N/A 20,232,260 20,232,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,531,621 1.1011 5,023,689 5,531,621
D2 - FARM & RANCH IMP 2,933,200 N/A 2,933,200 2,933,200
E - NON-AG LAND AND IMPROVEMENTS 146,947,270 1.0408 141,185,024 146,947,270
F1 - COMMERCIAL REAL 162,268,668 0.8761 185,221,176 162,268,668
F2 - INDUSTRIAL REAL 25,118,647 N/A 25,118,647 25,118,647
G - ALL MINERALS 811,800 N/A 811,800 811,800
J - ALL UTILITIES 34,524,280 N/A 34,524,280 34,524,280
L1 - COMMERCIAL PERSONAL 45,892,440 N/A 45,892,440 45,892,440
L2 - INDUSTRIAL PERSONAL 107,215,560 N/A 107,215,560 107,215,560
M1 - MOBILE HOMES 12,332,940 N/A 12,332,940 12,332,940
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 144,510 N/A 144,510 144,510
S - SPECIAL INVENTORY 1,218,510 N/A 1,218,510 1,218,510
Subtotal 1,161,482,041 1,281,604,836 1,161,482,041
Less Total Deductions 242,500,801 284,714,498 242,500,801
Total Taxable Value 918,981,240 996,890,338 918,981,240

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
954,910,684 918,981,240 954,910,684 918,981,240


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
35,929,444 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
954,910,684 918,981,240 954,910,684 918,981,240

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