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