taxes Property Tax Assistance

2021 ISD Summary Worksheet

070-Ellis /Ellis County

070-910/Palmer ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 302,770,120 N/A 302,770,120 302,770,120
B - MULTIFAMILY 7,341,131 N/A 7,341,131 7,341,131
C1 - VACANT LOTS 6,067,543 N/A 6,067,543 6,067,543
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,162,844 N/A 4,162,844 4,162,844
D2 - FARM & RANCH IMP 2,944,165 N/A 2,944,165 2,944,165
E - NON-AG LAND AND IMPROVEMENTS 105,582,708 N/A 105,582,708 105,582,708
F1 - COMMERCIAL REAL 21,108,035 N/A 21,108,035 21,108,035
F2 - INDUSTRIAL REAL 2,464,660 N/A 2,464,660 2,464,660
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,541,930 N/A 17,541,930 17,541,930
L1 - COMMERCIAL PERSONAL 15,991,647 N/A 15,991,647 15,991,647
L2 - INDUSTRIAL PERSONAL 936,304 N/A 936,304 936,304
M1 - MOBILE HOMES 5,517,526 N/A 5,517,526 5,517,526
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,196,110 N/A 1,196,110 1,196,110
S - SPECIAL INVENTORY 5,100 N/A 5,100 5,100
Subtotal 493,629,823 0 493,629,823 493,629,823
Less Total Deductions 89,181,633 0 89,181,633 89,181,633
Total Taxable Value 404,448,190 0 404,448,190 404,448,190

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
417,109,044 404,448,190 417,109,044 404,448,190


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,660,854 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
417,109,044 404,448,190 417,109,044 404,448,190

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

070-910-02/Palmer ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 302,770,120 N/A 302,770,120 302,770,120
B - MULTIFAMILY 7,341,131 N/A 7,341,131 7,341,131
C1 - VACANT LOTS 6,067,543 N/A 6,067,543 6,067,543
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,162,844 N/A 4,162,844 4,162,844
D2 - FARM & RANCH IMP 2,944,165 N/A 2,944,165 2,944,165
E - NON-AG LAND AND IMPROVEMENTS 105,582,708 N/A 105,582,708 105,582,708
F1 - COMMERCIAL REAL 21,108,035 N/A 21,108,035 21,108,035
F2 - INDUSTRIAL REAL 2,464,660 N/A 2,464,660 2,464,660
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,541,930 N/A 17,541,930 17,541,930
L1 - COMMERCIAL PERSONAL 15,991,647 N/A 15,991,647 15,991,647
L2 - INDUSTRIAL PERSONAL 936,304 N/A 936,304 936,304
M1 - MOBILE HOMES 5,517,526 N/A 5,517,526 5,517,526
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,196,110 N/A 1,196,110 1,196,110
S - SPECIAL INVENTORY 5,100 N/A 5,100 5,100
Subtotal 493,629,823 493,629,823 493,629,823
Less Total Deductions 89,181,633 89,181,633 89,181,633
Total Taxable Value 404,448,190 404,448,190 404,448,190

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
417,109,044 404,448,190 417,109,044 404,448,190


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,660,854 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
417,109,044 404,448,190 417,109,044 404,448,190

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