taxes Property Tax Assistance

2022 ISD Summary Worksheet

182-Palo Pinto /Palo Pinto County

182-906/Palo Pinto ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	746,274,660	0.9643	773,902,997	746,274,660
B - MULTIFAMILY	2,824,830	N/A	2,824,830	2,824,830
C1 - VACANT LOTS	66,497,950	0.9340	71,196,949	66,497,950
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,216,840	1.0752	6,712,264	7,216,840
D2 - FARM & RANCH IMP	1,220,910	N/A	1,220,910	1,220,910
E - NON-AG LAND AND IMPROVEMENTS	69,865,730	N/A	69,865,730	69,865,730
F1 - COMMERCIAL REAL	20,690,730	N/A	20,690,730	20,690,730
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	2,651,720	N/A	2,651,720	2,651,720
J - ALL UTILITIES	8,387,150	N/A	8,387,150	8,387,150
L1 - COMMERCIAL PERSONAL	2,650,970	N/A	2,650,970	2,650,970
L2 - INDUSTRIAL PERSONAL	569,850	N/A	569,850	569,850
M1 - MOBILE HOMES	2,913,330	N/A	2,913,330	2,913,330
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	4,328,530	N/A	4,328,530	4,328,530
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	936,093,200	0	967,915,960	936,093,200
Less Total Deductions	71,032,534	0	74,828,220	71,032,534
Total Taxable Value	865,060,666	0	893,087,740	865,060,666

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
869,472,029	865,060,666	855,828,581	851,417,218	873,012,029

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
4,411,363	13,643,448	3,540,000

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
869,472,029	865,060,666	855,828,581	851,417,218	873,012,029

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

182-906-02/Palo Pinto ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	746,274,660	0.9643	773,902,997	746,274,660
B - MULTIFAMILY	2,824,830	N/A	2,824,830	2,824,830
C1 - VACANT LOTS	66,497,950	0.9340	71,196,949	66,497,950
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,216,840	1.0752	6,712,264	7,216,840
D2 - FARM & RANCH IMP	1,220,910	N/A	1,220,910	1,220,910
E - NON-AG LAND AND IMPROVEMENTS	69,865,730	N/A	69,865,730	69,865,730
F1 - COMMERCIAL REAL	20,690,730	N/A	20,690,730	20,690,730
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	2,651,720	N/A	2,651,720	2,651,720
J - ALL UTILITIES	8,387,150	N/A	8,387,150	8,387,150
L1 - COMMERCIAL PERSONAL	2,650,970	N/A	2,650,970	2,650,970
L2 - INDUSTRIAL PERSONAL	569,850	N/A	569,850	569,850
M1 - MOBILE HOMES	2,913,330	N/A	2,913,330	2,913,330
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	4,328,530	N/A	4,328,530	4,328,530
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	936,093,200		967,915,960	936,093,200
Less Total Deductions	71,032,534		74,828,220	71,032,534
Total Taxable Value	865,060,666		893,087,740	865,060,666

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
869,472,029	865,060,666	855,828,581	851,417,218	873,012,029

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
4,411,363	13,643,448	3,540,000

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
869,472,029	865,060,666	855,828,581	851,417,218	873,012,029

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