taxes Property Tax Assistance

2024 ISD Summary Worksheet

Paradise ISD (all splits)   Wise County  

249-Wise/Wise County

249-906/Paradise ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 610,076,292 N/A 610,076,292 610,076,292
B - MULTIFAMILY 5,782,398 N/A 5,782,398 5,782,398
C1 - VACANT LOTS 16,128,540 N/A 16,128,540 16,128,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,071,040 N/A 2,071,040 2,071,040
D2 - FARM & RANCH IMP 21,964,151 N/A 21,964,151 21,964,151
E - NON-AG LAND AND IMPROVEMENTS 329,604,880 N/A 329,604,880 329,604,880
F1 - COMMERCIAL REAL 45,925,329 N/A 45,925,329 45,925,329
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 61,527,634 N/A 61,527,634 61,527,634
J - ALL UTILITIES 35,547,328 N/A 35,547,328 35,547,328
L1 - COMMERCIAL PERSONAL 25,577,529 N/A 25,577,529 25,577,529
L2 - INDUSTRIAL PERSONAL 16,476,425 N/A 16,476,425 16,476,425
M1 - MOBILE HOMES 15,728,567 N/A 15,728,567 15,728,567
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,506,262 N/A 2,506,262 2,506,262
S - SPECIAL INVENTORY 54,021 N/A 54,021 54,021
Subtotal 1,188,970,396 0 1,188,970,396 1,188,970,396
Less Total Deductions 343,584,691 0 343,584,691 343,584,691
Total Taxable Value 845,385,705 0 845,385,705 845,385,705

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 934,461,845 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 845,385,705 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 934,461,845 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 845,385,705 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 965,061,845 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 985,461,845 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 845,385,705 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 934,461,845 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 845,385,705 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 934,461,845 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 845,385,705 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 965,061,845 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 985,461,845 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 845,385,705 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 89,076,140 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 30,600,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 20,400,000 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.


Back to top

249-906-02/Paradise ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 610,076,292 N/A 610,076,292 610,076,292
B - MULTIFAMILY 5,782,398 N/A 5,782,398 5,782,398
C1 - VACANT LOTS 16,128,540 N/A 16,128,540 16,128,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,071,040 N/A 2,071,040 2,071,040
D2 - FARM & RANCH IMP 21,964,151 N/A 21,964,151 21,964,151
E - NON-AG LAND AND IMPROVEMENTS 329,604,880 N/A 329,604,880 329,604,880
F1 - COMMERCIAL REAL 45,925,329 N/A 45,925,329 45,925,329
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 61,527,634 N/A 61,527,634 61,527,634
J - ALL UTILITIES 35,547,328 N/A 35,547,328 35,547,328
L1 - COMMERCIAL PERSONAL 25,577,529 N/A 25,577,529 25,577,529
L2 - INDUSTRIAL PERSONAL 16,476,425 N/A 16,476,425 16,476,425
M1 - MOBILE HOMES 15,728,567 N/A 15,728,567 15,728,567
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,506,262 N/A 2,506,262 2,506,262
S - SPECIAL INVENTORY 54,021 N/A 54,021 54,021
Subtotal 1,188,970,396 1,188,970,396 1,188,970,396
Less Total Deductions 343,584,691 343,584,691 343,584,691
Total Taxable Value 845,385,705 845,385,705 845,385,705

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 934,461,845 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 845,385,705 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 934,461,845 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 845,385,705 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 965,061,845 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 985,461,845 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 845,385,705 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 934,461,845 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 845,385,705 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 934,461,845 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 845,385,705 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 965,061,845 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 985,461,845 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 845,385,705 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 89,076,140 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 30,600,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 20,400,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top