taxes Property Tax Assistance

2023 ISD Summary Worksheet

001-Anderson/Anderson County

001-907/Palestine ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 757,053,091 0.9965 759,712,083 757,053,091
B - MULTIFAMILY 39,281,001 N/A 39,281,001 39,281,001
C1 - VACANT LOTS 16,730,685 N/A 16,730,685 16,730,685
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,250,216 1.0991 11,145,264 12,250,216
D2 - FARM & RANCH IMP 1,564,396 N/A 1,564,396 1,564,396
E - NON-AG LAND AND IMPROVEMENTS 547,684,620 0.9894 553,552,274 547,684,620
F1 - COMMERCIAL REAL 371,451,638 0.9776 379,962,805 371,451,638
F2 - INDUSTRIAL REAL 40,624,758 N/A 40,624,758 40,624,758
G - ALL MINERALS 2,333,675 N/A 2,333,675 2,333,675
J - ALL UTILITIES 84,129,559 N/A 84,129,559 84,129,559
L1 - COMMERCIAL PERSONAL 102,733,348 1.0131 101,404,943 102,733,348
L2 - INDUSTRIAL PERSONAL 87,957,528 N/A 87,957,528 87,957,528
M1 - MOBILE HOMES 19,807,488 N/A 19,807,488 19,807,488
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 147,080 N/A 147,080 147,080
S - SPECIAL INVENTORY 10,836,707 N/A 10,836,707 10,836,707
Subtotal 2,094,585,790 0 2,109,190,246 2,094,585,790
Less Total Deductions 686,422,990 0 688,274,559 686,422,990
Total Taxable Value 1,408,162,800 0 1,420,915,687 1,408,162,800

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

Measure Value Description
T1 1,606,826,547 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,408,162,800 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 1,606,826,547 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,408,162,800 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,678,166,547 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,725,726,547 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,465,961,008 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,606,826,547 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,408,162,800 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 1,606,826,547 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,408,162,800 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,678,166,547 T13 plus the loss to the chapter 313 agreement
T16 1,725,726,547 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,465,961,008 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 198,663,747 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 71,340,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 47,560,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

001-907-02/Palestine ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 757,053,091 0.9965 759,712,083 757,053,091
B - MULTIFAMILY 39,281,001 N/A 39,281,001 39,281,001
C1 - VACANT LOTS 16,730,685 N/A 16,730,685 16,730,685
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,250,216 1.0991 11,145,264 12,250,216
D2 - FARM & RANCH IMP 1,564,396 N/A 1,564,396 1,564,396
E - NON-AG LAND AND IMPROVEMENTS 547,684,620 0.9894 553,552,274 547,684,620
F1 - COMMERCIAL REAL 371,451,638 0.9776 379,962,805 371,451,638
F2 - INDUSTRIAL REAL 40,624,758 N/A 40,624,758 40,624,758
G - ALL MINERALS 2,333,675 N/A 2,333,675 2,333,675
J - ALL UTILITIES 84,129,559 N/A 84,129,559 84,129,559
L1 - COMMERCIAL PERSONAL 102,733,348 1.0131 101,404,943 102,733,348
L2 - INDUSTRIAL PERSONAL 87,957,528 N/A 87,957,528 87,957,528
M1 - MOBILE HOMES 19,807,488 N/A 19,807,488 19,807,488
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 147,080 N/A 147,080 147,080
S - SPECIAL INVENTORY 10,836,707 N/A 10,836,707 10,836,707
Subtotal 2,094,585,790 2,109,190,246 2,094,585,790
Less Total Deductions 686,422,990 688,274,559 686,422,990
Total Taxable Value 1,408,162,800 1,420,915,687 1,408,162,800

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

Measure Value Description
T1 1,606,826,547 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,408,162,800 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 1,606,826,547 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,408,162,800 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,678,166,547 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,725,726,547 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,465,961,008 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,606,826,547 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,408,162,800 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 1,606,826,547 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,408,162,800 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,678,166,547 T13 plus the loss to the chapter 313 agreement
T16 1,725,726,547 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,465,961,008 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 198,663,747 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 71,340,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 47,560,000 Loss to Second Previous Homestead Increase