taxes Property Tax Assistance

2025 ISD Summary Worksheet

Paradise ISD (all splits)   Wise County  

249-Wise/Wise County

249-906/Paradise ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 638,809,185 1.0245 623,532,635 638,809,185
B - MULTIFAMILY 6,207,187 N/A 6,207,187 6,207,187
C1 - VACANT LOTS 12,418,967 N/A 12,418,967 12,418,967
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,239,112 2.0866 1,073,094 2,239,112
D2 - FARM & RANCH IMP 25,045,928 N/A 25,045,928 25,045,928
E - NON-AG LAND AND IMPROVEMENTS 352,162,062 0.9838 357,961,031 352,162,062
F1 - COMMERCIAL REAL 44,444,431 N/A 44,444,431 44,444,431
F2 - INDUSTRIAL REAL 979,013 N/A 979,013 979,013
G - ALL MINERALS 66,517,960 1.0019 66,391,816 66,517,960
J - ALL UTILITIES 36,457,693 N/A 36,457,693 36,457,693
L1 - COMMERCIAL PERSONAL 24,801,358 N/A 24,801,358 24,801,358
L2 - INDUSTRIAL PERSONAL 16,192,606 N/A 16,192,606 16,192,606
M1 - MOBILE HOMES 16,759,191 N/A 16,759,191 16,759,191
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,432,960 N/A 6,432,960 6,432,960
S - SPECIAL INVENTORY 37,420 N/A 37,420 37,420
Subtotal 1,249,505,073 0 1,238,735,330 1,249,505,073
Less Total Deductions 403,968,844 0 399,282,554 403,968,844
Total Taxable Value 845,536,229 0 839,452,776 845,536,229

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 905,175,112 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 845,536,229 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 905,175,112 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 845,536,229 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,010,500,779 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,039,935,007 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 891,343,518 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
T19 1,060,198,413 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 875,969,498 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 905,175,112 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 845,536,229 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 905,175,112 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 845,536,229 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,010,500,779 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,039,935,007 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 891,343,518 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
T20 1,060,198,413 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 875,969,498 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 59,638,883 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 105,325,667 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 29,434,228 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 20,263,406 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 30,433,269 Loss to the increase in the Over-65/Disabled Homestead

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


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249-906-02/Paradise ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 638,809,185 1.0245 623,532,635 638,809,185
B - MULTIFAMILY 6,207,187 N/A 6,207,187 6,207,187
C1 - VACANT LOTS 12,418,967 N/A 12,418,967 12,418,967
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,239,112 2.0866 1,073,094 2,239,112
D2 - FARM & RANCH IMP 25,045,928 N/A 25,045,928 25,045,928
E - NON-AG LAND AND IMPROVEMENTS 352,162,062 0.9838 357,961,031 352,162,062
F1 - COMMERCIAL REAL 44,444,431 N/A 44,444,431 44,444,431
F2 - INDUSTRIAL REAL 979,013 N/A 979,013 979,013
G - ALL MINERALS 66,517,960 1.0019 66,391,816 66,517,960
J - ALL UTILITIES 36,457,693 N/A 36,457,693 36,457,693
L1 - COMMERCIAL PERSONAL 24,801,358 N/A 24,801,358 24,801,358
L2 - INDUSTRIAL PERSONAL 16,192,606 N/A 16,192,606 16,192,606
M1 - MOBILE HOMES 16,759,191 N/A 16,759,191 16,759,191
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,432,960 N/A 6,432,960 6,432,960
S - SPECIAL INVENTORY 37,420 N/A 37,420 37,420
Subtotal 1,249,505,073 1,238,735,330 1,249,505,073
Less Total Deductions 403,968,844 399,282,554 403,968,844
Total Taxable Value 845,536,229 839,452,776 845,536,229

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 905,175,112 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 845,536,229 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 905,175,112 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 845,536,229 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,010,500,779 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,039,935,007 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 891,343,518 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
T19 1,060,198,413 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 875,969,498 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 905,175,112 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 845,536,229 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 905,175,112 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 845,536,229 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,010,500,779 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,039,935,007 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 891,343,518 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
T20 1,060,198,413 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 875,969,498 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 59,638,883 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 105,325,667 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 29,434,228 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 20,263,406 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 30,433,269 Loss to the increase in the Over-65/Disabled Homestead

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