taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

182/Palo Pinto

184-904/Millsap ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 3,896,050 N/A 3,896,050 3,896,050
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,540,740 N/A 1,540,740 1,540,740
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 89,130 N/A 89,130 89,130
L1. Commercial Personal 19,430 N/A 19,430 19,430
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 27,190 N/A 27,190 27,190
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 5,572,540 5,572,540 5,572,540
Less Total Deductions 1,419,841   1,419,841 1,419,841
Total Taxable Value 4,152,699 4,152,699 4,152,699 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
4,467,699 4,152,699 4,467,699 4,152,699 4,157,444 4,157,444


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
315,000 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
4,467,699 4,152,699 4,467,699 4,152,699 4,157,444 4,157,444

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 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 88,289,120 N/A 88,289,120 88,289,120
B. Multi-Family Residences 90,890 N/A 90,890 90,890
C1. Vacant Lots 1,970,110 N/A 1,970,110 1,970,110
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,024,200 N/A 4,024,200 4,024,200
D2. Real Prop Farm & Ranch 967,210 N/A 967,210 967,210
E. Real Prop NonQual Acres 98,477,880 N/A 98,477,880 98,477,880
F1. Commercial Real 11,708,490 N/A 11,708,490 11,708,490
F2. Industrial Real 4,816,840 N/A 4,816,840 4,816,840
G. Oil, Gas, Minerals 4,889,020 N/A 4,889,020 4,889,020
J. Utilities 75,120,010 N/A 75,120,010 75,120,010
L1. Commercial Personal 2,715,210 N/A 2,715,210 2,715,210
L2. Industrial Personal 22,153,200 N/A 22,153,200 22,153,200
M. Other Personal 2,810,100 N/A 2,810,100 2,810,100
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 804,680 N/A 804,680 804,680
S. Special Inventory 133,660 N/A 133,660 133,660
Subtotal 318,970,620 318,970,620 318,970,620
Less Total Deductions 32,853,884   32,853,884 32,853,884
Total Taxable Value 286,116,736 286,116,736 286,116,736 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
296,439,306 286,116,736 296,439,306 286,116,736 287,146,586 287,146,586


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,322,570 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
296,439,306 286,116,736 296,439,306 286,116,736 287,146,586 287,146,586

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 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 92,185,170 N/A 92,185,170 92,185,170
B. Multi-Family Residences 90,890 N/A 90,890 90,890
C1. Vacant Lots 3,510,850 N/A 3,510,850 3,510,850
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,024,200 N/A 4,024,200 4,024,200
D2. Real Prop Farm & Ranch 967,210 N/A 967,210 967,210
E. Real Prop NonQual Acres 98,477,880 N/A 98,477,880 98,477,880
F1. Commercial Real 11,708,490 N/A 11,708,490 11,708,490
F2. Industrial Real 4,816,840 N/A 4,816,840 4,816,840
G. Oil, Gas, Minerals 4,889,020 N/A 4,889,020 4,889,020
J. Utilities 75,209,140 N/A 75,209,140 75,209,140
L1. Commercial Personal 2,734,640 N/A 2,734,640 2,734,640
L2. Industrial Personal 22,153,200 N/A 22,153,200 22,153,200
M. Other Personal 2,837,290 N/A 2,837,290 2,837,290
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 804,680 N/A 804,680 804,680
S. Special Inventory 133,660 N/A 133,660 133,660
Subtotal 324,543,160 324,543,160 324,543,160
Less Total Deductions 34,273,725   34,273,725 34,273,725
Total Taxable Value 290,269,435 290,269,435 290,269,435 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