taxes Property Tax Assistance

2016 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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 412,263,760 .8935 461,403,201 412,263,760
B. Multi-Family Residences 12,944,370 N/A 12,944,370 12,944,370
C1. Vacant Lots 13,461,440 N/A 13,461,440 13,461,440
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,226,800 1.1117 4,701,736 5,226,800
D2. Real Prop Farm & Ranch 2,662,070 N/A 2,662,070 2,662,070
E. Real Prop NonQual Acres 106,970,760 .9419 113,569,126 106,970,760
F1. Commercial Real 129,674,150 .9364 138,481,578 129,674,150
F2. Industrial Real 22,307,280 N/A 22,307,280 22,307,280
G. Oil, Gas, Minerals 1,842,560 N/A 1,842,560 1,842,560
J. Utilities 34,598,040 .9079 38,107,765 34,598,040
L1. Commercial Personal 45,705,960 .9582 47,699,812 45,705,960
L2. Industrial Personal 90,330,790 N/A 90,330,790 90,330,790
M. Other Personal 8,699,580 N/A 8,699,580 8,699,580
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 243,110 N/A 243,110 243,110
S. Special Inventory 1,055,030 N/A 1,055,030 1,055,030
Subtotal 887,985,700 957,509,448 887,985,700
Less Total Deductions 169,448,179   187,815,392 169,448,179
Total Taxable Value 718,537,521 769,694,056 718,537,521 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
752,418,579 718,537,521 752,418,579 718,537,521


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
33,881,058 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
752,418,579 718,537,521 752,418,579 718,537,521

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 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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,665,960 N/A 1,665,960 1,665,960
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) 31,630 N/A 31,630 31,630
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 1,238,800 N/A 1,238,800 1,238,800
F1. Commercial Real 2,124,150 N/A 2,124,150 2,124,150
F2. Industrial Real 650,420 N/A 650,420 650,420
G. Oil, Gas, Minerals 5,860 N/A 5,860 5,860
J. Utilities 344,550 N/A 344,550 344,550
L1. Commercial Personal 134,930 N/A 134,930 134,930
L2. Industrial Personal 5,534,490 N/A 5,534,490 5,534,490
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 11,880,380 11,880,380 11,880,380
Less Total Deductions 1,288,825   1,288,825 1,288,825
Total Taxable Value 10,591,555 10,591,555 10,591,555 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
10,805,855 10,591,555 10,805,855 10,591,555


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
214,300 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
10,805,855 10,591,555 10,805,855 10,591,555

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

182-903/Mineral Wells ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 413,929,720 .8939 463,069,161 413,929,720
B. Multi-Family Residences 12,944,370 N/A 12,944,370 12,944,370
C1. Vacant Lots 13,492,840 N/A 13,492,840 13,492,840
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,258,430 1.1109 4,733,366 5,258,430
D2. Real Prop Farm & Ranch 2,662,070 N/A 2,662,070 2,662,070
E. Real Prop NonQual Acres 108,209,560 .9425 114,807,926 108,209,560
F1. Commercial Real 131,798,300 .9374 140,605,728 131,798,300
F2. Industrial Real 22,957,700 N/A 22,957,700 22,957,700
G. Oil, Gas, Minerals 1,848,420 N/A 1,848,420 1,848,420
J. Utilities 34,942,590 .9087 38,452,315 34,942,590
L1. Commercial Personal 45,840,890 .9583 47,834,742 45,840,890
L2. Industrial Personal 95,865,280 N/A 95,865,280 95,865,280
M. Other Personal 8,817,770 N/A 8,817,770 8,817,770
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 243,110 N/A 243,110 243,110
S. Special Inventory 1,055,030 N/A 1,055,030 1,055,030
Subtotal 899,866,080 969,389,828 899,866,080
Less Total Deductions 170,737,004   189,104,217 170,737,004
Total Taxable Value 729,129,076 780,285,611 729,129,076 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