taxes Property Tax Assistance

2021 ISD Summary Worksheet

Palo Pinto ISD (all splits)   Palo Pinto County  

182-Palo Pinto/Palo Pinto County

182-906/Palo Pinto ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 514,353,780 N/A 514,353,780 514,353,780
B - MULTIFAMILY 2,577,090 N/A 2,577,090 2,577,090
C1 - VACANT LOTS 52,212,210 N/A 52,212,210 52,212,210
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,905,350 N/A 7,905,350 7,905,350
D2 - FARM & RANCH IMP 982,850 N/A 982,850 982,850
E - NON-AG LAND AND IMPROVEMENTS 29,601,530 N/A 29,601,530 29,601,530
F1 - COMMERCIAL REAL 14,834,710 N/A 14,834,710 14,834,710
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,100,770 N/A 1,100,770 1,100,770
J - ALL UTILITIES 7,492,710 N/A 7,492,710 7,492,710
L1 - COMMERCIAL PERSONAL 2,810,380 N/A 2,810,380 2,810,380
L2 - INDUSTRIAL PERSONAL 267,820 N/A 267,820 267,820
M1 - MOBILE HOMES 1,335,260 N/A 1,335,260 1,335,260
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,006,740 N/A 4,006,740 4,006,740
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 639,481,200 0 639,481,200 639,481,200
Less Total Deductions 33,887,286 0 33,887,286 33,887,286
Total Taxable Value 605,593,914 0 605,593,914 605,593,914

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's office 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 school 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

Measure Value Description
T1 608,444,744 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 605,593,914 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 597,903,840 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 595,053,010 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 608,444,744 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 605,593,914 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 597,903,840 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 595,053,010 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,850,830 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 10,540,904 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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182-906-02/Palo Pinto ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 514,353,780 N/A 514,353,780 514,353,780
B - MULTIFAMILY 2,577,090 N/A 2,577,090 2,577,090
C1 - VACANT LOTS 52,212,210 N/A 52,212,210 52,212,210
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,905,350 N/A 7,905,350 7,905,350
D2 - FARM & RANCH IMP 982,850 N/A 982,850 982,850
E - NON-AG LAND AND IMPROVEMENTS 29,601,530 N/A 29,601,530 29,601,530
F1 - COMMERCIAL REAL 14,834,710 N/A 14,834,710 14,834,710
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,100,770 N/A 1,100,770 1,100,770
J - ALL UTILITIES 7,492,710 N/A 7,492,710 7,492,710
L1 - COMMERCIAL PERSONAL 2,810,380 N/A 2,810,380 2,810,380
L2 - INDUSTRIAL PERSONAL 267,820 N/A 267,820 267,820
M1 - MOBILE HOMES 1,335,260 N/A 1,335,260 1,335,260
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,006,740 N/A 4,006,740 4,006,740
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 639,481,200 639,481,200 639,481,200
Less Total Deductions 33,887,286 33,887,286 33,887,286
Total Taxable Value 605,593,914 605,593,914 605,593,914

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's office 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 school 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

Measure Value Description
T1 608,444,744 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 605,593,914 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 597,903,840 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 595,053,010 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 608,444,744 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 605,593,914 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 597,903,840 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 595,053,010 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,850,830 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 10,540,904 50% of the loss to the local optional percentage homestead exemption

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