taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

182/Palo Pinto

184-904/Millsap ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 3,370,340 N/A 3,370,340 3,370,340
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,359,950 N/A 1,359,950 1,359,950
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 91,980 N/A 91,980 91,980
L1. Commercial Personal 10,500 N/A 10,500 10,500
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 4,859,960 4,859,960 4,859,960
Less Total Deductions 1,298,191   1,298,191 1,298,191
Total Taxable Value 3,561,769 3,561,769 3,561,769 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
3,809,278 3,561,769 3,809,278 3,561,769


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
247,509 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
3,809,278 3,561,769 3,809,278 3,561,769

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

184/Parker

184-904/Millsap ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 98,967,702 .9502 104,154,601 98,967,702
B. Multi-Family Residences 808,150 N/A 808,150 808,150
C1. Vacant Lots 2,193,399 N/A 2,193,399 2,193,399
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,357,860 1.4415 3,023,061 4,357,860
D2. Real Prop Farm & Ranch 1,045,900 N/A 1,045,900 1,045,900
E. Real Prop NonQual Acres 109,940,010 .9600 114,520,844 109,940,010
F1. Commercial Real 15,234,630 N/A 15,234,630 15,234,630
F2. Industrial Real 4,852,300 N/A 4,852,300 4,852,300
G. Oil, Gas, Minerals 5,061,190 N/A 5,061,190 5,061,190
J. Utilities 74,925,290 .8848 84,680,481 74,925,290
L1. Commercial Personal 3,386,940 N/A 3,386,940 3,386,940
L2. Industrial Personal 18,087,920 N/A 18,087,920 18,087,920
M. Other Personal 3,002,070 N/A 3,002,070 3,002,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 197,580 N/A 197,580 197,580
S. Special Inventory 133,230 N/A 133,230 133,230
Subtotal 342,194,171 360,382,296 342,194,171
Less Total Deductions 48,445,251   51,551,673 48,445,251
Total Taxable Value 293,748,920 308,830,623 293,748,920 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
303,463,700 293,748,920 303,463,700 293,748,920


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,714,780 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
303,463,700 293,748,920 303,463,700 293,748,920

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

184-904/Millsap ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 102,338,042 .9518 107,524,941 102,338,042
B. Multi-Family Residences 808,150 N/A 808,150 808,150
C1. Vacant Lots 3,553,349 N/A 3,553,349 3,553,349
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,357,860 1.4415 3,023,061 4,357,860
D2. Real Prop Farm & Ranch 1,045,900 N/A 1,045,900 1,045,900
E. Real Prop NonQual Acres 109,940,010 .9600 114,520,844 109,940,010
F1. Commercial Real 15,234,630 N/A 15,234,630 15,234,630
F2. Industrial Real 4,852,300 N/A 4,852,300 4,852,300
G. Oil, Gas, Minerals 5,061,190 N/A 5,061,190 5,061,190
J. Utilities 75,017,270 .8849 84,772,461 75,017,270
L1. Commercial Personal 3,397,440 N/A 3,397,440 3,397,440
L2. Industrial Personal 18,087,920 N/A 18,087,920 18,087,920
M. Other Personal 3,029,260 N/A 3,029,260 3,029,260
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 197,580 N/A 197,580 197,580
S. Special Inventory 133,230 N/A 133,230 133,230
Subtotal 347,054,131 365,242,256 347,054,131
Less Total Deductions 49,743,442   52,849,864 49,743,442
Total Taxable Value 297,310,689 312,392,392 297,310,689 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