taxes Property Tax Assistance

2024 ISD Summary Worksheet

Palo Pinto ISD (all splits)   Palo Pinto County  

182-Palo Pinto/Palo Pinto County

182-906/Palo Pinto ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 990,867,035 1.0019 988,987,958 990,867,035
B - MULTIFAMILY 4,314,800 N/A 4,314,800 4,314,800
C1 - VACANT LOTS 88,204,797 0.9608 91,803,494 88,204,797
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,921,680 0.9932 6,968,940 6,921,680
D2 - FARM & RANCH IMP 2,531,790 N/A 2,531,790 2,531,790
E - NON-AG LAND AND IMPROVEMENTS 57,321,080 0.9042 63,394,249 57,321,080
F1 - COMMERCIAL REAL 25,147,950 N/A 25,147,950 25,147,950
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,859,019 N/A 1,859,019 1,859,019
J - ALL UTILITIES 8,645,428 N/A 8,645,428 8,645,428
L1 - COMMERCIAL PERSONAL 3,174,570 N/A 3,174,570 3,174,570
L2 - INDUSTRIAL PERSONAL 5,925,996 N/A 5,925,996 5,925,996
M1 - MOBILE HOMES 2,896,090 N/A 2,896,090 2,896,090
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,658,680 N/A 6,658,680 6,658,680
S - SPECIAL INVENTORY 582,750 N/A 582,750 582,750
Subtotal 1,205,051,665 0 1,212,891,714 1,205,051,665
Less Total Deductions 188,138,248 0 187,845,296 188,138,248
Total Taxable Value 1,016,913,417 0 1,025,046,418 1,016,913,417

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 1,034,426,610 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,016,913,417 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,016,828,350 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 999,315,157 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,039,961,610 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,043,651,610 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,038,252,494 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 1,034,426,610 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,016,913,417 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,016,828,350 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 999,315,157 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,039,961,610 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,043,651,610 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,038,252,494 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 17,513,193 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 17,598,260 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,535,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 3,690,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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182-906-02/Palo Pinto ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 990,867,035 1.0019 988,987,958 990,867,035
B - MULTIFAMILY 4,314,800 N/A 4,314,800 4,314,800
C1 - VACANT LOTS 88,204,797 0.9608 91,803,494 88,204,797
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,921,680 0.9932 6,968,940 6,921,680
D2 - FARM & RANCH IMP 2,531,790 N/A 2,531,790 2,531,790
E - NON-AG LAND AND IMPROVEMENTS 57,321,080 0.9042 63,394,249 57,321,080
F1 - COMMERCIAL REAL 25,147,950 N/A 25,147,950 25,147,950
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,859,019 N/A 1,859,019 1,859,019
J - ALL UTILITIES 8,645,428 N/A 8,645,428 8,645,428
L1 - COMMERCIAL PERSONAL 3,174,570 N/A 3,174,570 3,174,570
L2 - INDUSTRIAL PERSONAL 5,925,996 N/A 5,925,996 5,925,996
M1 - MOBILE HOMES 2,896,090 N/A 2,896,090 2,896,090
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,658,680 N/A 6,658,680 6,658,680
S - SPECIAL INVENTORY 582,750 N/A 582,750 582,750
Subtotal 1,205,051,665 1,212,891,714 1,205,051,665
Less Total Deductions 188,138,248 187,845,296 188,138,248
Total Taxable Value 1,016,913,417 1,025,046,418 1,016,913,417

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 1,034,426,610 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,016,913,417 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,016,828,350 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 999,315,157 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,039,961,610 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,043,651,610 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,038,252,494 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 1,034,426,610 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,016,913,417 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,016,828,350 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 999,315,157 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,039,961,610 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,043,651,610 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,038,252,494 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 17,513,193 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 17,598,260 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 5,535,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 3,690,000 Loss to the third most recent increase in the state-mandated homestead exemption

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