taxes Property Tax Assistance

2021 ISD Summary Worksheet

249-Wise /Wise County

249-906/Paradise ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	377,805,421	1.0066	375,328,255	377,805,421
B - MULTIFAMILY	2,347,170	N/A	2,347,170	2,347,170
C1 - VACANT LOTS	11,305,442	N/A	11,305,442	11,305,442
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,167,524	1.6665	1,300,673	2,167,524
D2 - FARM & RANCH IMP	2,681,160	N/A	2,681,160	2,681,160
E - NON-AG LAND AND IMPROVEMENTS	187,751,804	0.9551	196,578,164	187,751,804
F1 - COMMERCIAL REAL	23,176,461	N/A	23,176,461	23,176,461
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	40,865,475	1.0527	38,819,678	40,865,475
J - ALL UTILITIES	31,126,023	N/A	31,126,023	31,126,023
L1 - COMMERCIAL PERSONAL	17,625,377	N/A	17,625,377	17,625,377
L2 - INDUSTRIAL PERSONAL	12,244,427	N/A	12,244,427	12,244,427
M1 - MOBILE HOMES	7,602,991	N/A	7,602,991	7,602,991
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	850,040	N/A	850,040	850,040
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	717,549,315	0	720,985,861	717,549,315
Less Total Deductions	109,901,232	0	108,977,920	109,901,232
Total Taxable Value	607,648,083	0	612,007,941	607,648,083

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
620,776,898	607,648,083	620,776,898	607,648,083

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
13,128,815	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
620,776,898	607,648,083	620,776,898	607,648,083

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

249-906-02/Paradise ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	377,805,421	1.0066	375,328,255	377,805,421
B - MULTIFAMILY	2,347,170	N/A	2,347,170	2,347,170
C1 - VACANT LOTS	11,305,442	N/A	11,305,442	11,305,442
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,167,524	1.6665	1,300,673	2,167,524
D2 - FARM & RANCH IMP	2,681,160	N/A	2,681,160	2,681,160
E - NON-AG LAND AND IMPROVEMENTS	187,751,804	0.9551	196,578,164	187,751,804
F1 - COMMERCIAL REAL	23,176,461	N/A	23,176,461	23,176,461
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	40,865,475	1.0527	38,819,678	40,865,475
J - ALL UTILITIES	31,126,023	N/A	31,126,023	31,126,023
L1 - COMMERCIAL PERSONAL	17,625,377	N/A	17,625,377	17,625,377
L2 - INDUSTRIAL PERSONAL	12,244,427	N/A	12,244,427	12,244,427
M1 - MOBILE HOMES	7,602,991	N/A	7,602,991	7,602,991
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	850,040	N/A	850,040	850,040
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	717,549,315		720,985,861	717,549,315
Less Total Deductions	109,901,232		108,977,920	109,901,232
Total Taxable Value	607,648,083		612,007,941	607,648,083

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
620,776,898	607,648,083	620,776,898	607,648,083

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
13,128,815	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
620,776,898	607,648,083	620,776,898	607,648,083

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