taxes Property Tax Assistance

2017 ISD Summary Worksheet

182/Palo Pinto

182-905/Strawn ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 14,957,940 N/A 14,957,940 14,957,940
B. Multi-Family Residences 138,940 N/A 138,940 138,940
C1. Vacant Lots 700,740 N/A 700,740 700,740
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,232,560 N/A 5,232,560 5,232,560
D2. Real Prop Farm & Ranch 680,510 N/A 680,510 680,510
E. Real Prop NonQual Acres 12,734,970 N/A 12,734,970 12,734,970
F1. Commercial Real 3,125,710 N/A 3,125,710 3,125,710
F2. Industrial Real 901,350 N/A 901,350 901,350
G. Oil, Gas, Minerals 2,909,925 N/A 2,909,925 2,909,925
J. Utilities 13,604,270 N/A 13,604,270 13,604,270
L1. Commercial Personal 1,336,390 N/A 1,336,390 1,336,390
L2. Industrial Personal 3,353,660 N/A 3,353,660 3,353,660
M. Other Personal 497,010 N/A 497,010 497,010
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 60,173,975 60,173,975 60,173,975
Less Total Deductions 7,441,182   7,441,182 7,441,182
Total Taxable Value 52,732,793 52,732,793 52,732,793 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
54,227,702 52,732,793 54,227,702 52,732,793


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,494,909 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
54,227,702 52,732,793 54,227,702 52,732,793

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