taxes Property Tax Assistance

2023 ISD Summary Worksheet

182-Palo Pinto/Palo Pinto County

182-905/Strawn ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 27,875,780 N/A 27,875,780 27,875,780
B - MULTIFAMILY 224,960 N/A 224,960 224,960
C1 - VACANT LOTS 1,751,250 N/A 1,751,250 1,751,250
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,262,690 N/A 5,262,690 5,262,690
D2 - FARM & RANCH IMP 770,400 N/A 770,400 770,400
E - NON-AG LAND AND IMPROVEMENTS 21,070,880 N/A 21,070,880 21,070,880
F1 - COMMERCIAL REAL 5,557,160 N/A 5,557,160 5,557,160
F2 - INDUSTRIAL REAL 1,067,430 N/A 1,067,430 1,067,430
G - ALL MINERALS 8,688,304 N/A 8,688,304 8,688,304
J - ALL UTILITIES 14,900,220 N/A 14,900,220 14,900,220
L1 - COMMERCIAL PERSONAL 1,782,590 N/A 1,782,590 1,782,590
L2 - INDUSTRIAL PERSONAL 10,271,113 N/A 10,271,113 10,271,113
M1 - MOBILE HOMES 884,140 N/A 884,140 884,140
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 100,106,917 0 100,106,917 100,106,917
Less Total Deductions 18,163,602 0 18,163,602 18,163,602
Total Taxable Value 81,943,315 0 81,943,315 81,943,315

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 87,761,446 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 81,943,315 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 87,761,446 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 81,943,315 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 90,611,446 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 92,511,446 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 81,943,315 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 87,761,446 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 81,943,315 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 87,761,446 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 81,943,315 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 90,611,446 T13 plus the loss to the chapter 313 agreement
T16 92,511,446 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 81,943,315 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,818,131 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 2,850,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,900,000 Loss to Second Previous Homestead Increase

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

182-905-02/Strawn ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 27,875,780 N/A 27,875,780 27,875,780
B - MULTIFAMILY 224,960 N/A 224,960 224,960
C1 - VACANT LOTS 1,751,250 N/A 1,751,250 1,751,250
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,262,690 N/A 5,262,690 5,262,690
D2 - FARM & RANCH IMP 770,400 N/A 770,400 770,400
E - NON-AG LAND AND IMPROVEMENTS 21,070,880 N/A 21,070,880 21,070,880
F1 - COMMERCIAL REAL 5,557,160 N/A 5,557,160 5,557,160
F2 - INDUSTRIAL REAL 1,067,430 N/A 1,067,430 1,067,430
G - ALL MINERALS 8,688,304 N/A 8,688,304 8,688,304
J - ALL UTILITIES 14,900,220 N/A 14,900,220 14,900,220
L1 - COMMERCIAL PERSONAL 1,782,590 N/A 1,782,590 1,782,590
L2 - INDUSTRIAL PERSONAL 10,271,113 N/A 10,271,113 10,271,113
M1 - MOBILE HOMES 884,140 N/A 884,140 884,140
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 100,106,917 100,106,917 100,106,917
Less Total Deductions 18,163,602 18,163,602 18,163,602
Total Taxable Value 81,943,315 81,943,315 81,943,315

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 87,761,446 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 81,943,315 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 87,761,446 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 81,943,315 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 90,611,446 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 92,511,446 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 81,943,315 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 87,761,446 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 81,943,315 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 87,761,446 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 81,943,315 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 90,611,446 T13 plus the loss to the chapter 313 agreement
T16 92,511,446 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 81,943,315 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,818,131 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 2,850,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,900,000 Loss to Second Previous Homestead Increase