taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

139/Lamar

139-909/Paris ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 395,128,226 .9523 414,919,905 414,919,905
B. Multi-Family Residences 45,608,005 .9197 49,590,089 49,590,089
C1. Vacant Lots 13,075,381 N/A 13,075,381 13,075,381
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 396,250 1.0773 367,812 367,812
D2. Real Prop Farm & Ranch 241,320 N/A 241,320 241,320
E. Real Prop NonQual Acres 8,890,220 N/A 8,890,220 8,890,220
F1. Commercial Real 197,813,677 .9363 211,271,683 211,271,683
F2. Industrial Real 25,452,403 N/A 25,452,403 25,452,403
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 25,536,830 N/A 25,536,830 25,536,830
L1. Commercial Personal 89,178,397 .9957 89,563,520 89,563,520
L2. Industrial Personal 48,264,490 N/A 48,264,490 48,264,490
M. Other Personal 274,880 N/A 274,880 274,880
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 358,400 N/A 358,400 358,400
S. Special Inventory 10,179,710 N/A 10,179,710 10,179,710
Subtotal 860,398,189 897,986,643 897,986,643
Less Total Deductions 142,135,203   149,156,783 149,156,783
Total Taxable Value 718,262,986 748,829,860 748,829,860 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
788,854,802 748,829,860 788,854,802 748,829,860 750,976,802 750,976,802


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,024,942 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
788,854,802 748,829,860 788,854,802 748,829,860 750,976,802 750,976,802

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)