taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

182/Palo Pinto

182-905/Strawn ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 11,550,600 N/A 11,550,600 11,550,600
B. Multi-Family Residences 141,260 N/A 141,260 141,260
C1. Vacant Lots 731,270 N/A 731,270 731,270
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,779,010 N/A 4,779,010 4,779,010
D2. Real Prop Farm & Ranch 581,690 N/A 581,690 581,690
E. Real Prop NonQual Acres 11,090,470 N/A 11,090,470 11,090,470
F1. Commercial Real 2,092,190 N/A 2,092,190 2,092,190
F2. Industrial Real 720,510 N/A 720,510 720,510
G. Oil, Gas, Minerals 24,759,640 N/A 24,759,640 24,759,640
J. Utilities 10,853,180 N/A 10,853,180 10,853,180
L1. Commercial Personal 1,166,790 N/A 1,166,790 1,166,790
L2. Industrial Personal 3,191,200 N/A 3,191,200 3,191,200
M. Other Personal 274,250 N/A 274,250 274,250
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 71,932,060 71,932,060 71,932,060
Less Total Deductions 4,392,438   4,392,438 4,392,438
Total Taxable Value 67,539,622 67,539,622 67,539,622 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
69,301,062 67,539,622 69,301,062 67,539,622 67,539,622 67,539,622


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,761,440 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
69,301,062 67,539,622 69,301,062 67,539,622 67,539,622 67,539,622

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified