taxes Property Tax Assistance

2024 ISD Summary Worksheet

Palestine ISD (all splits)   Anderson County  

001-Anderson/Anderson County

001-907/Palestine ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 781,195,344 N/A 781,195,344 781,195,344
B - MULTIFAMILY 38,920,997 N/A 38,920,997 38,920,997
C1 - VACANT LOTS 17,617,756 N/A 17,617,756 17,617,756
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,523,261 N/A 12,523,261 12,523,261
D2 - FARM & RANCH IMP 2,068,848 N/A 2,068,848 2,068,848
E - NON-AG LAND AND IMPROVEMENTS 577,576,059 N/A 577,576,059 577,576,059
F1 - COMMERCIAL REAL 384,084,142 N/A 384,084,142 384,084,142
F2 - INDUSTRIAL REAL 40,174,098 N/A 40,174,098 40,174,098
G - ALL MINERALS 1,971,846 N/A 1,971,846 1,971,846
J - ALL UTILITIES 88,156,636 N/A 88,156,636 88,156,636
L1 - COMMERCIAL PERSONAL 111,858,289 N/A 111,858,289 111,858,289
L2 - INDUSTRIAL PERSONAL 129,539,235 N/A 129,539,235 129,539,235
M1 - MOBILE HOMES 20,019,728 N/A 20,019,728 20,019,728
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 147,080 N/A 147,080 147,080
S - SPECIAL INVENTORY 10,583,268 N/A 10,583,268 10,583,268
Subtotal 2,216,436,587 0 2,216,436,587 2,216,436,587
Less Total Deductions 750,936,106 0 750,936,106 750,936,106
Total Taxable Value 1,465,500,481 0 1,465,500,481 1,465,500,481

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's office 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 school 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 1,678,972,339 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,465,500,481 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,678,972,339 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,465,500,481 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,753,027,339 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,802,397,339 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,527,738,891 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 1,678,972,339 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,465,500,481 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,678,972,339 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,465,500,481 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,753,027,339 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,802,397,339 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,527,738,891 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 213,471,858 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 74,055,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 49,370,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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001-907-02/Palestine ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 781,195,344 N/A 781,195,344 781,195,344
B - MULTIFAMILY 38,920,997 N/A 38,920,997 38,920,997
C1 - VACANT LOTS 17,617,756 N/A 17,617,756 17,617,756
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,523,261 N/A 12,523,261 12,523,261
D2 - FARM & RANCH IMP 2,068,848 N/A 2,068,848 2,068,848
E - NON-AG LAND AND IMPROVEMENTS 577,576,059 N/A 577,576,059 577,576,059
F1 - COMMERCIAL REAL 384,084,142 N/A 384,084,142 384,084,142
F2 - INDUSTRIAL REAL 40,174,098 N/A 40,174,098 40,174,098
G - ALL MINERALS 1,971,846 N/A 1,971,846 1,971,846
J - ALL UTILITIES 88,156,636 N/A 88,156,636 88,156,636
L1 - COMMERCIAL PERSONAL 111,858,289 N/A 111,858,289 111,858,289
L2 - INDUSTRIAL PERSONAL 129,539,235 N/A 129,539,235 129,539,235
M1 - MOBILE HOMES 20,019,728 N/A 20,019,728 20,019,728
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 147,080 N/A 147,080 147,080
S - SPECIAL INVENTORY 10,583,268 N/A 10,583,268 10,583,268
Subtotal 2,216,436,587 2,216,436,587 2,216,436,587
Less Total Deductions 750,936,106 750,936,106 750,936,106
Total Taxable Value 1,465,500,481 1,465,500,481 1,465,500,481

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's office 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 school 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 1,678,972,339 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,465,500,481 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,678,972,339 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,465,500,481 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,753,027,339 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,802,397,339 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,527,738,891 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 1,678,972,339 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,465,500,481 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,678,972,339 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,465,500,481 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,753,027,339 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,802,397,339 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,527,738,891 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 213,471,858 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 74,055,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 49,370,000 Loss to the third most recent increase in the state-mandated homestead exemption

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