taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

182/Palo Pinto

184-904/Millsap ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 3,585,890 N/A 3,585,890 3,585,890
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,592,530 N/A 1,592,530 1,592,530
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 0 N/A 0 0
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 0 N/A 0 0
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 90,720 N/A 90,720 90,720
L1. Commercial Personal 6,500 N/A 6,500 6,500
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 92,790 N/A 92,790 92,790
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 5,368,430 5,368,430 5,368,430
Less Total Deductions 1,104,947   1,104,947 1,104,947
Total Taxable Value 4,263,483 4,263,483 4,263,483 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
4,543,483 4,263,483 4,543,483 4,263,483 4,263,483 4,263,483


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
280,000 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
4,543,483 4,263,483 4,543,483 4,263,483 4,263,483 4,263,483

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

184/Parker

184-904/Millsap ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 86,754,430 .9480 91,513,112 86,754,430
B. Multi-Family Residences 90,890 N/A 90,890 90,890
C1. Vacant Lots 1,962,710 N/A 1,962,710 1,962,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,998,310 1.3258 3,015,806 3,998,310
D2. Real Prop Farm & Ranch 818,530 N/A 818,530 818,530
E. Real Prop NonQual Acres 98,265,050 .9529 103,122,101 98,265,050
F1. Commercial Real 11,016,580 N/A 11,016,580 11,016,580
F2. Industrial Real 4,823,300 N/A 4,823,300 4,823,300
G. Oil, Gas, Minerals 6,833,190 N/A 6,833,190 6,833,190
J. Utilities 72,249,500 .9554 75,622,252 72,249,500
L1. Commercial Personal 2,212,970 N/A 2,212,970 2,212,970
L2. Industrial Personal 14,361,040 N/A 14,361,040 14,361,040
M. Other Personal 2,920,840 N/A 2,920,840 2,920,840
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 776,680 N/A 776,680 776,680
S. Special Inventory 133,800 N/A 133,800 133,800
Subtotal 307,217,820 319,223,801 307,217,820
Less Total Deductions 32,951,425   35,537,616 32,951,425
Total Taxable Value 274,266,395 283,686,185 274,266,395 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
284,489,375 274,266,395 284,489,375 274,266,395 275,355,104 275,355,104


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,222,980 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
284,489,375 274,266,395 284,489,375 274,266,395 275,355,104 275,355,104

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

184-904/Millsap ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 90,340,320 .9500 95,099,002 90,340,320
B. Multi-Family Residences 90,890 N/A 90,890 90,890
C1. Vacant Lots 3,555,240 N/A 3,555,240 3,555,240
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,998,310 1.3258 3,015,806 3,998,310
D2. Real Prop Farm & Ranch 818,530 N/A 818,530 818,530
E. Real Prop NonQual Acres 98,265,050 .9529 103,122,101 98,265,050
F1. Commercial Real 11,016,580 N/A 11,016,580 11,016,580
F2. Industrial Real 4,823,300 N/A 4,823,300 4,823,300
G. Oil, Gas, Minerals 6,833,190 N/A 6,833,190 6,833,190
J. Utilities 72,340,220 .9555 75,712,972 72,340,220
L1. Commercial Personal 2,219,470 N/A 2,219,470 2,219,470
L2. Industrial Personal 14,361,040 N/A 14,361,040 14,361,040
M. Other Personal 3,013,630 N/A 3,013,630 3,013,630
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 776,680 N/A 776,680 776,680
S. Special Inventory 133,800 N/A 133,800 133,800
Subtotal 312,586,250 324,592,231 312,586,250
Less Total Deductions 34,056,372   36,642,563 34,056,372
Total Taxable Value 278,529,878 287,949,668 278,529,878 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