taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

182/Palo Pinto

182-905/Strawn ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 12,086,770 .9447 12,794,294 12,086,770
B. Multi-Family Residences 141,260 N/A 141,260 141,260
C1. Vacant Lots 713,660 N/A 713,660 713,660
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,022,240 .8438 5,951,778 5,022,240
D2. Real Prop Farm & Ranch 845,060 N/A 845,060 845,060
E. Real Prop NonQual Acres 12,021,150 1.0283 11,690,314 12,021,150
F1. Commercial Real 2,052,970 N/A 2,052,970 2,052,970
F2. Industrial Real 720,510 N/A 720,510 720,510
G. Oil, Gas, Minerals 18,078,520 1.0221 17,687,624 18,078,520
J. Utilities 13,549,010 .9973 13,585,691 13,549,010
L1. Commercial Personal 1,137,610 N/A 1,137,610 1,137,610
L2. Industrial Personal 3,672,870 N/A 3,672,870 3,672,870
M. Other Personal 454,580 N/A 454,580 454,580
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 70,496,210 71,448,221 70,496,210
Less Total Deductions 5,019,795   5,343,478 5,019,795
Total Taxable Value 65,476,415 66,104,743 65,476,415 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
67,163,325 65,476,415 67,163,325 65,476,415 65,578,723 65,578,723


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,686,910 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
67,163,325 65,476,415 67,163,325 65,476,415 65,578,723 65,578,723

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