taxes Property Tax Assistance

2017 ISD Summary Worksheet

249/Wise

249-906/Paradise ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 182,099,260 .9407 193,578,463 182,099,260
B. Multi-Family Residences 1,699,580 N/A 1,699,580 1,699,580
C1. Vacant Lots 4,981,240 N/A 4,981,240 4,981,240
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,239,570 .9624 2,326,962 2,239,570
D2. Real Prop Farm & Ranch 2,146,590 N/A 2,146,590 2,146,590
E. Real Prop NonQual Acres 112,507,500 1.0028 112,193,359 112,507,500
F1. Commercial Real 11,018,370 N/A 11,018,370 11,018,370
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 48,859,750 1.0130 48,232,725 48,859,750
J. Utilities 59,860,490 .9743 61,439,485 59,860,490
L1. Commercial Personal 14,254,830 N/A 14,254,830 14,254,830
L2. Industrial Personal 4,533,460 N/A 4,533,460 4,533,460
M. Other Personal 3,594,220 N/A 3,594,220 3,594,220
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 19,520 N/A 19,520 19,520
S. Special Inventory 206,460 N/A 206,460 206,460
Subtotal 448,020,840 460,225,264 448,020,840
Less Total Deductions 59,121,782   63,229,674 59,121,782
Total Taxable Value 388,899,058 396,995,590 388,899,058 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
400,133,091 388,899,058 400,133,091 388,899,058


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,234,033 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
400,133,091 388,899,058 400,133,091 388,899,058

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