taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

001/Anderson

001-907/Palestine ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 425,022,922 N/A 425,022,922 425,022,922
B. Multi-Family Residences 27,387,691 N/A 27,387,691 27,387,691
C1. Vacant Lots 8,622,063 N/A 8,622,063 8,622,063
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,406,475 N/A 10,406,475 10,406,475
D2. Real Prop Farm & Ranch 1,582,179 N/A 1,582,179 1,582,179
E. Real Prop NonQual Acres 216,078,683 N/A 216,078,683 216,078,683
F1. Commercial Real 193,212,423 N/A 193,212,423 193,212,423
F2. Industrial Real 22,591,360 N/A 22,591,360 22,591,360
G. Oil, Gas, Minerals 3,540,528 N/A 3,540,528 3,540,528
J. Utilities 73,255,752 N/A 73,255,752 73,255,752
L1. Commercial Personal 101,013,290 N/A 101,013,290 101,013,290
L2. Industrial Personal 85,508,622 N/A 85,508,622 85,508,622
M. Other Personal 10,302,201 N/A 10,302,201 10,302,201
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 280,244 N/A 280,244 280,244
S. Special Inventory 8,716,407 N/A 8,716,407 8,716,407
Subtotal 1,187,520,840 1,187,520,840 1,187,520,840
Less Total Deductions 188,594,267   188,594,267 188,594,267
Total Taxable Value 998,926,573 998,926,573 998,926,573 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
1,043,525,352 998,926,573 1,043,525,352 998,926,573 998,926,573 998,926,573


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
44,598,779 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
1,043,525,352 998,926,573 1,043,525,352 998,926,573 998,926,573 998,926,573

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