taxes Property Tax Assistance

2022 ISD Summary Worksheet

182-Palo Pinto/Palo Pinto County

182-905/Strawn ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 25,270,230 1.0287 24,565,209 25,270,230
B - MULTIFAMILY 219,110 N/A 219,110 219,110
C1 - VACANT LOTS 1,002,500 N/A 1,002,500 1,002,500
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,231,530 1.0757 4,863,510 5,231,530
D2 - FARM & RANCH IMP 709,940 N/A 709,940 709,940
E - NON-AG LAND AND IMPROVEMENTS 21,554,280 1.0536 20,457,745 21,554,280
F1 - COMMERCIAL REAL 4,806,490 1.0094 4,761,730 4,806,490
F2 - INDUSTRIAL REAL 1,067,940 N/A 1,067,940 1,067,940
G - ALL MINERALS 7,659,970 1.0066 7,609,746 7,659,970
J - ALL UTILITIES 13,989,010 0.9459 14,789,100 13,989,010
L1 - COMMERCIAL PERSONAL 1,272,240 N/A 1,272,240 1,272,240
L2 - INDUSTRIAL PERSONAL 4,678,640 N/A 4,678,640 4,678,640
M1 - MOBILE HOMES 848,060 N/A 848,060 848,060
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 88,309,940 0 86,845,470 88,309,940
Less Total Deductions 14,089,295 0 13,684,379 14,089,295
Total Taxable Value 74,220,645 0 73,161,091 74,220,645

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 T13
76,303,043 74,220,645 76,303,043 74,220,645 78,173,043


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
2,082,398 0 1,870,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
76,303,043 74,220,645 76,303,043 74,220,645 78,173,043

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

182-905-02/Strawn ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 25,270,230 1.0287 24,565,209 25,270,230
B - MULTIFAMILY 219,110 N/A 219,110 219,110
C1 - VACANT LOTS 1,002,500 N/A 1,002,500 1,002,500
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,231,530 1.0757 4,863,510 5,231,530
D2 - FARM & RANCH IMP 709,940 N/A 709,940 709,940
E - NON-AG LAND AND IMPROVEMENTS 21,554,280 1.0536 20,457,745 21,554,280
F1 - COMMERCIAL REAL 4,806,490 1.0094 4,761,730 4,806,490
F2 - INDUSTRIAL REAL 1,067,940 N/A 1,067,940 1,067,940
G - ALL MINERALS 7,659,970 1.0066 7,609,746 7,659,970
J - ALL UTILITIES 13,989,010 0.9459 14,789,100 13,989,010
L1 - COMMERCIAL PERSONAL 1,272,240 N/A 1,272,240 1,272,240
L2 - INDUSTRIAL PERSONAL 4,678,640 N/A 4,678,640 4,678,640
M1 - MOBILE HOMES 848,060 N/A 848,060 848,060
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 88,309,940 86,845,470 88,309,940
Less Total Deductions 14,089,295 13,684,379 14,089,295
Total Taxable Value 74,220,645 73,161,091 74,220,645

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 T13
76,303,043 74,220,645 76,303,043 74,220,645 78,173,043


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
2,082,398 0 1,870,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
76,303,043 74,220,645 76,303,043 74,220,645 78,173,043

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement