taxes Property Tax Assistance

2021 ISD Summary Worksheet

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 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
608,444,744 605,593,914 597,903,840 595,053,010


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,850,830 10,540,904


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
608,444,744 605,593,914 597,903,840 595,053,010

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

182-906-02/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 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
608,444,744 605,593,914 597,903,840 595,053,010


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,850,830 10,540,904


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
608,444,744 605,593,914 597,903,840 595,053,010

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