taxes Property Tax Assistance

2017 ISD Summary Worksheet

001/Anderson

001-907/Palestine ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 437,156,968 .9835 444,491,071 437,156,968
B. Multi-Family Residences 27,938,919 N/A 27,938,919 27,938,919
C1. Vacant Lots 8,778,548 N/A 8,778,548 8,778,548
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,156,944 .8605 12,966,296 11,156,944
D2. Real Prop Farm & Ranch 1,167,878 N/A 1,167,878 1,167,878
E. Real Prop NonQual Acres 241,046,924 .9405 256,296,570 241,046,924
F1. Commercial Real 220,203,589 .9255 237,929,324 220,203,589
F2. Industrial Real 38,064,057 N/A 38,064,057 38,064,057
G. Oil, Gas, Minerals 1,563,908 N/A 1,563,908 1,563,908
J. Utilities 63,728,993 1.4249 44,725,239 63,728,993
L1. Commercial Personal 88,538,027 .9692 91,351,658 88,538,027
L2. Industrial Personal 92,611,111 N/A 92,611,111 92,611,111
M. Other Personal 12,714,957 N/A 12,714,957 12,714,957
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 271,466 N/A 271,466 271,466
S. Special Inventory 7,466,083 N/A 7,466,083 7,466,083
Subtotal 1,252,408,372 1,278,337,085 1,252,408,372
Less Total Deductions 209,177,871   212,741,611 209,177,871
Total Taxable Value 1,043,230,501 1,065,595,474 1,043,230,501 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
1,083,498,919 1,043,230,501 1,083,498,919 1,043,230,501


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,268,418 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
1,083,498,919 1,043,230,501 1,083,498,919 1,043,230,501

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