taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

182/Palo Pinto

182-903/Mineral Wells ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 404,194,220 .9815 411,812,756 404,194,220
B. Multi-Family Residences 13,516,050 N/A 13,516,050 13,516,050
C1. Vacant Lots 14,497,920 N/A 14,497,920 14,497,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,067,440 .8807 5,753,603 5,067,440
D2. Real Prop Farm & Ranch 4,085,020 N/A 4,085,020 4,085,020
E. Real Prop NonQual Acres 96,108,730 .9777 98,300,839 96,108,730
F1. Commercial Real 114,660,630 .7799 147,019,656 114,660,630
F2. Industrial Real 19,407,620 N/A 19,407,620 19,407,620
G. Oil, Gas, Minerals 4,530,290 N/A 4,530,290 4,530,290
J. Utilities 42,741,560 N/A 42,741,560 42,741,560
L1. Commercial Personal 54,213,370 1.0071 53,831,169 54,213,370
L2. Industrial Personal 120,633,010 N/A 120,633,010 120,633,010
M. Other Personal 6,960,940 N/A 6,960,940 6,960,940
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 24,130 N/A 24,130 24,130
S. Special Inventory 1,206,440 N/A 1,206,440 1,206,440
Subtotal 901,847,370 944,321,003 901,847,370
Less Total Deductions 136,021,540   138,808,494 136,021,540
Total Taxable Value 765,825,830 805,512,509 765,825,830 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
803,480,524 765,825,830 803,480,524 765,825,830 769,696,752 769,696,752


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
37,654,694 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
803,480,524 765,825,830 803,480,524 765,825,830 769,696,752 769,696,752

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 invalid, but local value was certified because your school district is in year one of the grace period.

184/Parker

182-903/Mineral Wells ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,537,760 N/A 1,537,760 1,537,760
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 31,400 N/A 31,400 31,400
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,700 N/A 31,700 31,700
D2. Real Prop Farm & Ranch 6,220 N/A 6,220 6,220
E. Real Prop NonQual Acres 1,152,660 N/A 1,152,660 1,152,660
F1. Commercial Real 2,099,710 N/A 2,099,710 2,099,710
F2. Industrial Real 645,380 N/A 645,380 645,380
G. Oil, Gas, Minerals 30,000 N/A 30,000 30,000
J. Utilities 628,150 N/A 628,150 628,150
L1. Commercial Personal 149,980 N/A 149,980 149,980
L2. Industrial Personal 4,614,910 N/A 4,614,910 4,614,910
M. Other Personal 118,190 N/A 118,190 118,190
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 11,046,060 11,046,060 11,046,060
Less Total Deductions 1,176,219   1,176,219 1,176,219
Total Taxable Value 9,869,841 9,869,841 9,869,841 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
10,089,841 9,869,841 10,089,841 9,869,841 9,914,764 9,914,764


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
220,000 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
10,089,841 9,869,841 10,089,841 9,869,841 9,914,764 9,914,764

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

182-903/Mineral Wells ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 405,731,980 .9816 413,350,516 405,731,980
B. Multi-Family Residences 13,516,050 N/A 13,516,050 13,516,050
C1. Vacant Lots 14,529,320 N/A 14,529,320 14,529,320
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,099,140 .8814 5,785,303 5,099,140
D2. Real Prop Farm & Ranch 4,091,240 N/A 4,091,240 4,091,240
E. Real Prop NonQual Acres 97,261,390 .9780 99,453,499 97,261,390
F1. Commercial Real 116,760,340 .7830 149,119,366 116,760,340
F2. Industrial Real 20,053,000 N/A 20,053,000 20,053,000
G. Oil, Gas, Minerals 4,560,290 N/A 4,560,290 4,560,290
J. Utilities 43,369,710 N/A 43,369,710 43,369,710
L1. Commercial Personal 54,363,350 1.0071 53,981,149 54,363,350
L2. Industrial Personal 125,247,920 N/A 125,247,920 125,247,920
M. Other Personal 7,079,130 N/A 7,079,130 7,079,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 24,130 N/A 24,130 24,130
S. Special Inventory 1,206,440 N/A 1,206,440 1,206,440
Subtotal 912,893,430 955,367,063 912,893,430
Less Total Deductions 137,197,759   139,984,713 137,197,759
Total Taxable Value 775,695,671 815,382,350 775,695,671 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