taxes Property Tax Assistance

2022 ISD Summary Worksheet

249-Wise/Wise County

249-906/Paradise ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	457,583,741	N/A	457,583,741	457,583,741
B - MULTIFAMILY	3,937,649	N/A	3,937,649	3,937,649
C1 - VACANT LOTS	12,964,538	N/A	12,964,538	12,964,538
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	412,231	N/A	412,231	412,231
D2 - FARM & RANCH IMP	3,786,879	N/A	3,786,879	3,786,879
E - NON-AG LAND AND IMPROVEMENTS	282,824,999	N/A	282,824,999	282,824,999
F1 - COMMERCIAL REAL	32,668,531	N/A	32,668,531	32,668,531
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	94,742,493	N/A	94,742,493	94,742,493
J - ALL UTILITIES	30,579,570	N/A	30,579,570	30,579,570
L1 - COMMERCIAL PERSONAL	20,331,558	N/A	20,331,558	20,331,558
L2 - INDUSTRIAL PERSONAL	16,743,400	N/A	16,743,400	16,743,400
M1 - MOBILE HOMES	11,727,745	N/A	11,727,745	11,727,745
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	351,074	N/A	351,074	351,074
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	968,654,408	0	968,654,408	968,654,408
Less Total Deductions	198,072,994	0	198,072,994	198,072,994
Total Taxable Value	770,581,414	0	770,581,414	770,581,414

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
785,995,310	770,581,414	785,995,310	770,581,414	804,835,310

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
15,413,896	0	18,840,000

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
785,995,310	770,581,414	785,995,310	770,581,414	804,835,310

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

249-906-02/Paradise ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	457,583,741	N/A	457,583,741	457,583,741
B - MULTIFAMILY	3,937,649	N/A	3,937,649	3,937,649
C1 - VACANT LOTS	12,964,538	N/A	12,964,538	12,964,538
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	412,231	N/A	412,231	412,231
D2 - FARM & RANCH IMP	3,786,879	N/A	3,786,879	3,786,879
E - NON-AG LAND AND IMPROVEMENTS	282,824,999	N/A	282,824,999	282,824,999
F1 - COMMERCIAL REAL	32,668,531	N/A	32,668,531	32,668,531
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	94,742,493	N/A	94,742,493	94,742,493
J - ALL UTILITIES	30,579,570	N/A	30,579,570	30,579,570
L1 - COMMERCIAL PERSONAL	20,331,558	N/A	20,331,558	20,331,558
L2 - INDUSTRIAL PERSONAL	16,743,400	N/A	16,743,400	16,743,400
M1 - MOBILE HOMES	11,727,745	N/A	11,727,745	11,727,745
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	351,074	N/A	351,074	351,074
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	968,654,408		968,654,408	968,654,408
Less Total Deductions	198,072,994		198,072,994	198,072,994
Total Taxable Value	770,581,414		770,581,414	770,581,414

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
785,995,310	770,581,414	785,995,310	770,581,414	804,835,310

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
15,413,896	0	18,840,000

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
785,995,310	770,581,414	785,995,310	770,581,414	804,835,310

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