taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

182/Palo Pinto

182-905/Strawn ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,233,180 N/A 12,233,180 12,233,180
B. Multi-Family Residences 141,260 N/A 141,260 141,260
C1. Vacant Lots 743,010 N/A 743,010 743,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,066,050 N/A 5,066,050 5,066,050
D2. Real Prop Farm & Ranch 689,760 N/A 689,760 689,760
E. Real Prop NonQual Acres 14,292,090 N/A 14,292,090 14,292,090
F1. Commercial Real 2,551,530 N/A 2,551,530 2,551,530
F2. Industrial Real 898,200 N/A 898,200 898,200
G. Oil, Gas, Minerals 12,946,560 N/A 12,946,560 12,946,560
J. Utilities 13,424,970 N/A 13,424,970 13,424,970
L1. Commercial Personal 1,288,120 N/A 1,288,120 1,288,120
L2. Industrial Personal 3,265,620 N/A 3,265,620 3,265,620
M. Other Personal 383,230 N/A 383,230 383,230
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 67,923,580 67,923,580 67,923,580
Less Total Deductions 6,291,524   6,291,524 6,291,524
Total Taxable Value 61,632,056 61,632,056 61,632,056 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
63,114,905 61,632,056 63,114,905 61,632,056


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,482,849 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
63,114,905 61,632,056 63,114,905 61,632,056

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

The PVS found your local value to be valid, and local value was certified