taxes Property Tax Assistance

2021 ISD Summary Worksheet

Paradise ISD (all splits)   Wise County  

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'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 620,776,898 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 607,648,083 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 620,776,898 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 607,648,083 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 620,776,898 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 607,648,083 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 620,776,898 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 607,648,083 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,128,815 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 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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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'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 620,776,898 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 607,648,083 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 620,776,898 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 607,648,083 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 620,776,898 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 607,648,083 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 620,776,898 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 607,648,083 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,128,815 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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