taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

182/Palo Pinto

182-906/Palo Pinto ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 365,101,240 .9610 379,918,044 365,101,240
B. Multi-Family Residences 2,232,470 N/A 2,232,470 2,232,470
C1. Vacant Lots 69,366,870 .9547 72,658,291 69,366,870
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,502,080 .7728 8,413,724 6,502,080
D2. Real Prop Farm & Ranch 274,100 N/A 274,100 274,100
E. Real Prop NonQual Acres 16,837,970 N/A 16,837,970 16,837,970
F1. Commercial Real 12,868,180 N/A 12,868,180 12,868,180
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 9,216,550 N/A 9,216,550 9,216,550
J. Utilities 11,303,350 N/A 11,303,350 11,303,350
L1. Commercial Personal 2,345,680 N/A 2,345,680 2,345,680
L2. Industrial Personal 260,900 N/A 260,900 260,900
M. Other Personal 848,240 N/A 848,240 848,240
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 6,107,090 N/A 6,107,090 6,107,090
S. Special Inventory 59,670 N/A 59,670 59,670
Subtotal 503,324,390 523,344,259 503,324,390
Less Total Deductions 20,694,481   22,043,139 20,694,481
Total Taxable Value 482,629,909 501,301,120 482,629,909 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
485,381,709 482,629,909 477,802,121 475,050,321 482,629,909 475,050,321


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,751,800 7,579,588


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
485,381,709 482,629,909 477,802,121 475,050,321 482,629,909 475,050,321

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